Historic Malaysian ringgit Australian dollar

Malaysian ringgit australian dollar history for February 2024. The highest quote for this month is 0.32556 (04/02/2024) and the lowest 0.32548 (03/02/2024). The difference between high and low is 0.02.

MYR AUD average rate for February 2024 is 0.32158, the change between 01/02/2024 and 29/02/2024 is -0.19 %.

01 February 20241 MYR = 0.3224 AUD
02 February 20241 MYR = 0.3219 AUD
03 February 20241 MYR = 0.3255 AUD
04 February 20241 MYR = 0.3254 AUD
05 February 20241 MYR = 0.3260 AUD
06 February 20241 MYR = 0.3250 AUD
07 February 20241 MYR = 0.3215 AUD
08 February 20241 MYR = 0.3222 AUD
09 February 20241 MYR = 0.3228 AUD
10 February 20241 MYR = 0.3221 AUD
12 February 20241 MYR = 0.3218 AUD
13 February 20241 MYR = 0.3216 AUD
14 February 20241 MYR = 0.3253 AUD
15 February 20241 MYR = 0.3217 AUD
16 February 20241 MYR = 0.3207 AUD
17 February 20241 MYR = 0.3203 AUD
18 February 20241 MYR = 0.3203 AUD
19 February 20241 MYR = 0.3202 AUD
20 February 20241 MYR = 0.3200 AUD
21 February 20241 MYR = 0.3181 AUD
22 February 20241 MYR = 0.3184 AUD
23 February 20241 MYR = 0.3193 AUD
24 February 20241 MYR = 0.3191 AUD
25 February 20241 MYR = 0.3191 AUD
26 February 20241 MYR = 0.3191 AUD
27 February 20241 MYR = 0.3202 AUD
28 February 20241 MYR = 0.3210 AUD
29 February 20241 MYR = 0.3230 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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