Historic Malaysian ringgit Cambodian Riel

Malaysian ringgit cambodian riel history for January 2024. The highest quote for this month is 884.91 (02/01/2024) and the lowest 879.56 (07/01/2024). The difference between high and low is 0.6.

MYR KHR average rate for January 2024 is 866.61148, the change between 01/01/2024 and 31/01/2024 is +1.18 %.

01 January 20241 MYR = 871.5 KHR
02 January 20241 MYR = 872.3 KHR
03 January 20241 MYR = 884.6 KHR
04 January 20241 MYR = 884.6 KHR
05 January 20241 MYR = 881.3 KHR
06 January 20241 MYR = 878.2 KHR
07 January 20241 MYR = 879.6 KHR
08 January 20241 MYR = 857.7 KHR
09 January 20241 MYR = 878.7 KHR
10 January 20241 MYR = 862.8 KHR
11 January 20241 MYR = 878.7 KHR
12 January 20241 MYR = 877.6 KHR
14 January 20241 MYR = 876.4 KHR
15 January 20241 MYR = 858.5 KHR
16 January 20241 MYR = 854.0 KHR
17 January 20241 MYR = 860.1 KHR
18 January 20241 MYR = 863.2 KHR
19 January 20241 MYR = 862.4 KHR
22 January 20241 MYR = 844.9 KHR
23 January 20241 MYR = 860.7 KHR
24 January 20241 MYR = 861.1 KHR
25 January 20241 MYR = 860.5 KHR
26 January 20241 MYR = 860.9 KHR
28 January 20241 MYR = 861.6 KHR
29 January 20241 MYR = 845.0 KHR
30 January 20241 MYR = 860.3 KHR
31 January 20241 MYR = 861.3 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.