Historic Malaysian ringgit Pound sterling

Malaysian ringgit pound sterling history for December 2023. The highest quote for this month is 0.17117 (08/12/2023) and the lowest 0.17117 (29/12/2023). The difference between high and low is 0.

MYR GBP average rate for December 2023 is 0.1695, the change between 01/12/2023 and 31/12/2023 is -0.32 %.

01 December 20231 MYR = 0.1700 GBP
03 December 20231 MYR = 0.1684 GBP
04 December 20231 MYR = 0.1684 GBP
05 December 20231 MYR = 0.1695 GBP
06 December 20231 MYR = 0.1703 GBP
07 December 20231 MYR = 0.1706 GBP
08 December 20231 MYR = 0.1700 GBP
10 December 20231 MYR = 0.1709 GBP
11 December 20231 MYR = 0.1708 GBP
12 December 20231 MYR = 0.1702 GBP
13 December 20231 MYR = 0.1699 GBP
14 December 20231 MYR = 0.1687 GBP
15 December 20231 MYR = 0.1677 GBP
17 December 20231 MYR = 0.1690 GBP
18 December 20231 MYR = 0.1690 GBP
19 December 20231 MYR = 0.1685 GBP
20 December 20231 MYR = 0.1677 GBP
21 December 20231 MYR = 0.1699 GBP
22 December 20231 MYR = 0.1694 GBP
24 December 20231 MYR = 0.1701 GBP
25 December 20231 MYR = 0.1695 GBP
26 December 20231 MYR = 0.1700 GBP
27 December 20231 MYR = 0.1695 GBP
28 December 20231 MYR = 0.1688 GBP
29 December 20231 MYR = 0.1705 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

12/08/2015: Ringgit Depreciation

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

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.