Historic Malaysian ringgit Cambodian Riel

Malaysian ringgit cambodian riel history for August 2023. The highest quote for this month is 909.89 (01/08/2023) and the lowest 899.09 (12/08/2023). The difference between high and low is 1.19.

MYR KHR average rate for August 2023 is 888.16846, the change between 01/08/2023 and 31/08/2023 is +3.62 %.

01 August 20231 MYR = 909.9 KHR
02 August 20231 MYR = 911.8 KHR
03 August 20231 MYR = 888.3 KHR
04 August 20231 MYR = 908.7 KHR
07 August 20231 MYR = 882.6 KHR
08 August 20231 MYR = 884.5 KHR
09 August 20231 MYR = 882.4 KHR
10 August 20231 MYR = 885.1 KHR
11 August 20231 MYR = 884.9 KHR
12 August 20231 MYR = 899.6 KHR
14 August 20231 MYR = 885.5 KHR
15 August 20231 MYR = 893.2 KHR
16 August 20231 MYR = 889.9 KHR
17 August 20231 MYR = 891.7 KHR
18 August 20231 MYR = 887.1 KHR
19 August 20231 MYR = 889.3 KHR
20 August 20231 MYR = 889.3 KHR
21 August 20231 MYR = 868.3 KHR
22 August 20231 MYR = 889.7 KHR
23 August 20231 MYR = 890.0 KHR
24 August 20231 MYR = 890.0 KHR
25 August 20231 MYR = 890.6 KHR
28 August 20231 MYR = 876.0 KHR
29 August 20231 MYR = 872.7 KHR
30 August 20231 MYR = 874.1 KHR
31 August 20231 MYR = 877.0 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

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.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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