Malaysian ringgit brazilian real exchange rate history (MYR BRL) December 2023

Malaysian ringgit brazilian real history for December 2023. The highest quote for this month is 1.0631 (05/12/2023) and the lowest 1.0581 (05/12/2023). The difference between high and low is 0.47.

MYR BRL average rate for December 2023 is 1.05088, the change between 01/12/2023 and 31/12/2023 is +0.37 %.

01 December 2023	1 MYR = 1.057 BRL
02 December 2023	1 MYR = 1.043 BRL
03 December 2023	1 MYR = 1.045 BRL
04 December 2023	1 MYR = 1.050 BRL
05 December 2023	1 MYR = 1.059 BRL
06 December 2023	1 MYR = 1.057 BRL
07 December 2023	1 MYR = 1.050 BRL
08 December 2023	1 MYR = 1.051 BRL
09 December 2023	1 MYR = 1.056 BRL
10 December 2023	1 MYR = 1.057 BRL
11 December 2023	1 MYR = 1.050 BRL
12 December 2023	1 MYR = 1.055 BRL
13 December 2023	1 MYR = 1.060 BRL
14 December 2023	1 MYR = 1.047 BRL
15 December 2023	1 MYR = 1.052 BRL
16 December 2023	1 MYR = 1.058 BRL
17 December 2023	1 MYR = 1.058 BRL
18 December 2023	1 MYR = 1.054 BRL
19 December 2023	1 MYR = 1.044 BRL
20 December 2023	1 MYR = 1.039 BRL
21 December 2023	1 MYR = 1.056 BRL
22 December 2023	1 MYR = 1.049 BRL
23 December 2023	1 MYR = 1.048 BRL
24 December 2023	1 MYR = 1.048 BRL
25 December 2023	1 MYR = 1.047 BRL
26 December 2023	1 MYR = 1.052 BRL
27 December 2023	1 MYR = 1.038 BRL
28 December 2023	1 MYR = 1.043 BRL
29 December 2023	1 MYR = 1.053 BRL

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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

12/08/2015: Ringgit Depreciation

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

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.

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.

Historic Malaysian ringgit Brazilian Real