Malaysian ringgit pound sterling exchange rate history (MYR GBP) January 2024

Malaysian ringgit pound sterling history for January 2024. The highest quote for this month is 0.17218 (02/01/2024) and the lowest 0.1712 (03/01/2024). The difference between high and low is 0.57.

MYR GBP average rate for January 2024 is 0.16848, the change between 01/01/2024 and 31/01/2024 is +2.55 %.

01 January 2024	1 MYR = 0.1711 GBP
02 January 2024	1 MYR = 0.1711 GBP
03 January 2024	1 MYR = 0.1722 GBP
04 January 2024	1 MYR = 0.1715 GBP
05 January 2024	1 MYR = 0.1702 GBP
07 January 2024	1 MYR = 0.1693 GBP
08 January 2024	1 MYR = 0.1690 GBP
09 January 2024	1 MYR = 0.1688 GBP
10 January 2024	1 MYR = 0.1695 GBP
11 January 2024	1 MYR = 0.1691 GBP
12 January 2024	1 MYR = 0.1685 GBP
14 January 2024	1 MYR = 0.1688 GBP
15 January 2024	1 MYR = 0.1691 GBP
16 January 2024	1 MYR = 0.1685 GBP
17 January 2024	1 MYR = 0.1704 GBP
18 January 2024	1 MYR = 0.1673 GBP
19 January 2024	1 MYR = 0.1669 GBP
22 January 2024	1 MYR = 0.1671 GBP
23 January 2024	1 MYR = 0.1666 GBP
24 January 2024	1 MYR = 0.1668 GBP
25 January 2024	1 MYR = 0.1664 GBP
26 January 2024	1 MYR = 0.1664 GBP
28 January 2024	1 MYR = 0.1667 GBP
29 January 2024	1 MYR = 0.1667 GBP
30 January 2024	1 MYR = 0.1662 GBP
31 January 2024	1 MYR = 0.1667 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.

Historic Malaysian ringgit Pound sterling