Historic Malaysian ringgit Australian dollar

Malaysian ringgit australian dollar history for October 2023. The highest quote for this month is 0.33671 (03/10/2023) and the lowest 0.33482 (16/10/2023). The difference between high and low is 0.56.

MYR AUD average rate for October 2023 is 0.33188, the change between 01/10/2023 and 31/10/2023 is +0.41 %.

01 October 20231 MYR = 0.3311 AUD
02 October 20231 MYR = 0.3310 AUD
03 October 20231 MYR = 0.3334 AUD
04 October 20231 MYR = 0.3357 AUD
05 October 20231 MYR = 0.3341 AUD
06 October 20231 MYR = 0.3322 AUD
07 October 20231 MYR = 0.3325 AUD
09 October 20231 MYR = 0.3331 AUD
10 October 20231 MYR = 0.3293 AUD
11 October 20231 MYR = 0.3290 AUD
12 October 20231 MYR = 0.3304 AUD
13 October 20231 MYR = 0.3361 AUD
16 October 20231 MYR = 0.3352 AUD
17 October 20231 MYR = 0.3333 AUD
18 October 20231 MYR = 0.3320 AUD
19 October 20231 MYR = 0.3330 AUD
20 October 20231 MYR = 0.3319 AUD
21 October 20231 MYR = 0.3322 AUD
22 October 20231 MYR = 0.3322 AUD
23 October 20231 MYR = 0.3320 AUD
24 October 20231 MYR = 0.3312 AUD
25 October 20231 MYR = 0.3284 AUD
26 October 20231 MYR = 0.3324 AUD
27 October 20231 MYR = 0.3299 AUD
28 October 20231 MYR = 0.3304 AUD
29 October 20231 MYR = 0.3304 AUD
30 October 20231 MYR = 0.3303 AUD
31 October 20231 MYR = 0.3298 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$'.