Historic Malaysian ringgit Bangladeshi Taka

Malaysian ringgit bangladeshi taka history for February 2024. The highest quote for this month is 23.221 (04/02/2024) and the lowest 23.173 (04/02/2024). The difference between high and low is 0.21.

MYR BDT average rate for February 2024 is 22.76857, the change between 01/02/2024 and 29/02/2024 is +0.86 %.

01 February 20241 MYR = 22.83 BDT
02 February 20241 MYR = 22.87 BDT
03 February 20241 MYR = 23.17 BDT
04 February 20241 MYR = 23.22 BDT
05 February 20241 MYR = 23.14 BDT
06 February 20241 MYR = 22.79 BDT
07 February 20241 MYR = 22.71 BDT
08 February 20241 MYR = 22.71 BDT
09 February 20241 MYR = 22.68 BDT
10 February 20241 MYR = 22.93 BDT
12 February 20241 MYR = 22.67 BDT
13 February 20241 MYR = 22.69 BDT
14 February 20241 MYR = 22.69 BDT
15 February 20241 MYR = 22.60 BDT
16 February 20241 MYR = 22.61 BDT
17 February 20241 MYR = 22.91 BDT
18 February 20241 MYR = 22.91 BDT
19 February 20241 MYR = 22.62 BDT
20 February 20241 MYR = 22.59 BDT
21 February 20241 MYR = 22.54 BDT
22 February 20241 MYR = 22.55 BDT
23 February 20241 MYR = 22.64 BDT
24 February 20241 MYR = 22.93 BDT
25 February 20241 MYR = 22.93 BDT
26 February 20241 MYR = 22.63 BDT
27 February 20241 MYR = 22.63 BDT
28 February 20241 MYR = 22.70 BDT
29 February 20241 MYR = 22.63 BDT

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

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.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

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.