Historic Malaysian ringgit Bahraini dinar

Malaysian ringgit bahraini dinar history for January 2024. The highest quote for this month is 0.081857 (02/01/2024) and the lowest 0.081515 (02/01/2024). The difference between high and low is 0.42.

MYR BHD average rate for January 2024 is 0.07978, the change between 01/01/2024 and 31/01/2024 is +0.58 %.

01 January 20241 MYR = 0.0797 BHD
02 January 20241 MYR = 0.0797 BHD
03 January 20241 MYR = 0.0813 BHD
04 January 20241 MYR = 0.0813 BHD
05 January 20241 MYR = 0.0808 BHD
06 January 20241 MYR = 0.0810 BHD
07 January 20241 MYR = 0.0812 BHD
08 January 20241 MYR = 0.0782 BHD
09 January 20241 MYR = 0.0805 BHD
10 January 20241 MYR = 0.0806 BHD
11 January 20241 MYR = 0.0806 BHD
12 January 20241 MYR = 0.0806 BHD
14 January 20241 MYR = 0.0811 BHD
15 January 20241 MYR = 0.0785 BHD
16 January 20241 MYR = 0.0802 BHD
17 January 20241 MYR = 0.0806 BHD
18 January 20241 MYR = 0.0794 BHD
19 January 20241 MYR = 0.0793 BHD
22 January 20241 MYR = 0.0774 BHD
23 January 20241 MYR = 0.0792 BHD
24 January 20241 MYR = 0.0792 BHD
25 January 20241 MYR = 0.0792 BHD
26 January 20241 MYR = 0.0791 BHD
28 January 20241 MYR = 0.0798 BHD
29 January 20241 MYR = 0.0773 BHD
30 January 20241 MYR = 0.0791 BHD
31 January 20241 MYR = 0.0792 BHD

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.

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

12/08/2015: Ringgit Depreciation

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

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the currency.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

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.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

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.

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

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.

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.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

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.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.