Historic Malaysian ringgit Bermudian dollar

Malaysian ringgit bermudian dollar history for February 2024. The highest quote for this month is 0.21207 (03/02/2024) and the lowest 0.21227 (02/02/2024). The difference between high and low is -0.09.

MYR BMD average rate for February 2024 is 0.20998, the change between 01/02/2024 and 29/02/2024 is +0.83 %.

01 February 20241 MYR = 0.2116 BMD
02 February 20241 MYR = 0.2116 BMD
03 February 20241 MYR = 0.2121 BMD
04 February 20241 MYR = 0.2121 BMD
05 February 20241 MYR = 0.2121 BMD
06 February 20241 MYR = 0.2106 BMD
07 February 20241 MYR = 0.2100 BMD
08 February 20241 MYR = 0.2101 BMD
09 February 20241 MYR = 0.2098 BMD
10 February 20241 MYR = 0.2102 BMD
12 February 20241 MYR = 0.2100 BMD
13 February 20241 MYR = 0.2100 BMD
14 February 20241 MYR = 0.2099 BMD
15 February 20241 MYR = 0.2091 BMD
16 February 20241 MYR = 0.2093 BMD
17 February 20241 MYR = 0.2093 BMD
18 February 20241 MYR = 0.2093 BMD
19 February 20241 MYR = 0.2093 BMD
20 February 20241 MYR = 0.2090 BMD
21 February 20241 MYR = 0.2085 BMD
22 February 20241 MYR = 0.2087 BMD
23 February 20241 MYR = 0.2094 BMD
24 February 20241 MYR = 0.2094 BMD
25 February 20241 MYR = 0.2094 BMD
26 February 20241 MYR = 0.2095 BMD
27 February 20241 MYR = 0.2094 BMD
28 February 20241 MYR = 0.2101 BMD
29 February 20241 MYR = 0.2098 BMD

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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

12/08/2015: Ringgit Depreciation

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

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US 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.
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