Malaysian ringgit cayman islands dollar exchange rate history (MYR KYD) December 2023

Malaysian ringgit cayman islands dollar history for December 2023. The highest quote for this month is 0.17758 (29/12/2023) and the lowest 0.17827 (29/12/2023). The difference between high and low is -0.39.

MYR KYD average rate for December 2023 is 0.17529, the change between 01/12/2023 and 31/12/2023 is -1.69 %.

01 December 2023	1 MYR = 0.1750 KYD
02 December 2023	1 MYR = 0.1756 KYD
03 December 2023	1 MYR = 0.1756 KYD
04 December 2023	1 MYR = 0.1746 KYD
05 December 2023	1 MYR = 0.1746 KYD
06 December 2023	1 MYR = 0.1748 KYD
07 December 2023	1 MYR = 0.1749 KYD
08 December 2023	1 MYR = 0.1745 KYD
09 December 2023	1 MYR = 0.1759 KYD
10 December 2023	1 MYR = 0.1759 KYD
11 December 2023	1 MYR = 0.1751 KYD
12 December 2023	1 MYR = 0.1743 KYD
13 December 2023	1 MYR = 0.1740 KYD
14 December 2023	1 MYR = 0.1735 KYD
15 December 2023	1 MYR = 0.1745 KYD
16 December 2023	1 MYR = 0.1757 KYD
17 December 2023	1 MYR = 0.1757 KYD
18 December 2023	1 MYR = 0.1755 KYD
19 December 2023	1 MYR = 0.1737 KYD
20 December 2023	1 MYR = 0.1739 KYD
21 December 2023	1 MYR = 0.1751 KYD
22 December 2023	1 MYR = 0.1751 KYD
23 December 2023	1 MYR = 0.1771 KYD
24 December 2023	1 MYR = 0.1771 KYD
25 December 2023	1 MYR = 0.1754 KYD
26 December 2023	1 MYR = 0.1763 KYD
27 December 2023	1 MYR = 0.1762 KYD
28 December 2023	1 MYR = 0.1762 KYD
29 December 2023	1 MYR = 0.1780 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

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.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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.

Historic Malaysian ringgit Cayman Islands dollar