Malaysian ringgit colombian peso exchange rate history (MYR COP) August 2023

Malaysian ringgit colombian peso history for August 2023. The highest quote for this month is 911.48 (04/08/2023) and the lowest 906.51 (04/08/2023). The difference between high and low is 0.55.

MYR COP average rate for August 2023 is 882.35615, the change between 01/08/2023 and 31/08/2023 is -2.41 %.

01 August 2023	1 MYR = 862.6 COP
02 August 2023	1 MYR = 878.2 COP
03 August 2023	1 MYR = 887.4 COP
04 August 2023	1 MYR = 906.2 COP
07 August 2023	1 MYR = 898.1 COP
08 August 2023	1 MYR = 883.8 COP
09 August 2023	1 MYR = 884.2 COP
10 August 2023	1 MYR = 886.9 COP
11 August 2023	1 MYR = 872.5 COP
12 August 2023	1 MYR = 866.5 COP
14 August 2023	1 MYR = 864.5 COP
15 August 2023	1 MYR = 874.7 COP
16 August 2023	1 MYR = 883.8 COP
17 August 2023	1 MYR = 891.0 COP
18 August 2023	1 MYR = 880.9 COP
19 August 2023	1 MYR = 886.2 COP
20 August 2023	1 MYR = 886.2 COP
21 August 2023	1 MYR = 886.3 COP
22 August 2023	1 MYR = 874.1 COP
23 August 2023	1 MYR = 884.9 COP
24 August 2023	1 MYR = 880.8 COP
25 August 2023	1 MYR = 878.8 COP
28 August 2023	1 MYR = 888.5 COP
29 August 2023	1 MYR = 886.1 COP
30 August 2023	1 MYR = 884.9 COP
31 August 2023	1 MYR = 883.4 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Malaysian ringgit Colombian Peso