Historic Malaysian ringgit Cambodian Riel

Malaysian ringgit cambodian riel history for February 2024. The highest quote for this month is 864.6 (03/02/2024) and the lowest 864.05 (04/02/2024). The difference between high and low is 0.06.

MYR KHR average rate for February 2024 is 850.8963, the change between 01/02/2024 and 29/02/2024 is +0.93 %.

01 February 20241 MYR = 861.2 KHR
02 February 20241 MYR = 862.5 KHR
03 February 20241 MYR = 864.0 KHR
04 February 20241 MYR = 864.1 KHR
05 February 20241 MYR = 854.9 KHR
06 February 20241 MYR = 841.5 KHR
07 February 20241 MYR = 855.1 KHR
08 February 20241 MYR = 855.4 KHR
09 February 20241 MYR = 853.7 KHR
12 February 20241 MYR = 836.3 KHR
13 February 20241 MYR = 854.6 KHR
14 February 20241 MYR = 854.5 KHR
15 February 20241 MYR = 850.5 KHR
16 February 20241 MYR = 851.0 KHR
17 February 20241 MYR = 851.4 KHR
18 February 20241 MYR = 851.4 KHR
19 February 20241 MYR = 833.8 KHR
20 February 20241 MYR = 832.4 KHR
21 February 20241 MYR = 848.6 KHR
22 February 20241 MYR = 849.5 KHR
23 February 20241 MYR = 852.4 KHR
24 February 20241 MYR = 851.3 KHR
25 February 20241 MYR = 851.3 KHR
26 February 20241 MYR = 833.7 KHR
27 February 20241 MYR = 851.9 KHR
28 February 20241 MYR = 854.0 KHR
29 February 20241 MYR = 853.3 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.