Historic Malaysian ringgit Cayman Islands dollar

Malaysian ringgit cayman islands dollar history for January 2024. The highest quote for this month is 0.17813 (01/01/2024) and the lowest 0.17803 (01/01/2024). The difference between high and low is 0.06.

MYR KYD average rate for January 2024 is 0.17474, the change between 01/01/2024 and 31/01/2024 is +3.06 %.

01 January 20241 MYR = 0.1779 KYD
02 January 20241 MYR = 0.1780 KYD
03 January 20241 MYR = 0.1772 KYD
04 January 20241 MYR = 0.1770 KYD
05 January 20241 MYR = 0.1759 KYD
06 January 20241 MYR = 0.1763 KYD
07 January 20241 MYR = 0.1765 KYD
08 January 20241 MYR = 0.1747 KYD
09 January 20241 MYR = 0.1752 KYD
10 January 20241 MYR = 0.1756 KYD
11 January 20241 MYR = 0.1756 KYD
12 January 20241 MYR = 0.1756 KYD
13 January 20241 MYR = 0.1765 KYD
14 January 20241 MYR = 0.1765 KYD
15 January 20241 MYR = 0.1752 KYD
16 January 20241 MYR = 0.1745 KYD
17 January 20241 MYR = 0.1757 KYD
18 January 20241 MYR = 0.1728 KYD
19 January 20241 MYR = 0.1729 KYD
22 January 20241 MYR = 0.1728 KYD
23 January 20241 MYR = 0.1725 KYD
24 January 20241 MYR = 0.1724 KYD
25 January 20241 MYR = 0.1724 KYD
26 January 20241 MYR = 0.1724 KYD
28 January 20241 MYR = 0.1735 KYD
29 January 20241 MYR = 0.1726 KYD
30 January 20241 MYR = 0.1721 KYD
31 January 20241 MYR = 0.1724 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.
MYR KYD July 2023
MYR KYD August 2023
MYR KYD September 2023
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MYR KYD December 2023
MYR KYD January 2024
MYR KYD February 2024
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MYR KYD May 2024
MYR KYD June 2024
MYR KYD July 2024