Malaysian ringgit canadian dollar exchange rate history (MYR CAD) December 2023

Malaysian ringgit canadian dollar history for December 2023. The highest quote for this month is 0.29155 (10/12/2023) and the lowest 0.29138 (09/12/2023). The difference between high and low is 0.06.

MYR CAD average rate for December 2023 is 0.28808, the change between 01/12/2023 and 31/12/2023 is +1.31 %.

01 December 2023	1 MYR = 0.2911 CAD
02 December 2023	1 MYR = 0.2889 CAD
03 December 2023	1 MYR = 0.2890 CAD
04 December 2023	1 MYR = 0.2888 CAD
05 December 2023	1 MYR = 0.2899 CAD
06 December 2023	1 MYR = 0.2915 CAD
07 December 2023	1 MYR = 0.2913 CAD
08 December 2023	1 MYR = 0.2911 CAD
09 December 2023	1 MYR = 0.2914 CAD
10 December 2023	1 MYR = 0.2913 CAD
11 December 2023	1 MYR = 0.2913 CAD
12 December 2023	1 MYR = 0.2901 CAD
13 December 2023	1 MYR = 0.2902 CAD
14 December 2023	1 MYR = 0.2876 CAD
15 December 2023	1 MYR = 0.2871 CAD
16 December 2023	1 MYR = 0.2867 CAD
17 December 2023	1 MYR = 0.2862 CAD
18 December 2023	1 MYR = 0.2865 CAD
19 December 2023	1 MYR = 0.2856 CAD
20 December 2023	1 MYR = 0.2848 CAD
21 December 2023	1 MYR = 0.2869 CAD
22 December 2023	1 MYR = 0.2855 CAD
23 December 2023	1 MYR = 0.2867 CAD
24 December 2023	1 MYR = 0.2866 CAD
25 December 2023	1 MYR = 0.2849 CAD
26 December 2023	1 MYR = 0.2862 CAD
27 December 2023	1 MYR = 0.2846 CAD
28 December 2023	1 MYR = 0.2853 CAD
29 December 2023	1 MYR = 0.2873 CAD

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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

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.

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

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.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

Historic Malaysian ringgit Canadian dollar