Historic Malaysian ringgit Colombian Peso

Malaysian ringgit colombian peso history for December 2023. The highest quote for this month is 862.96 (05/12/2023) and the lowest 861.93 (05/12/2023). The difference between high and low is 0.12.

MYR COP average rate for December 2023 is 847.45321, the change between 01/12/2023 and 31/12/2023 is +2.27 %.

01 December 20231 MYR = 862.1 COP
02 December 20231 MYR = 848.3 COP
03 December 20231 MYR = 848.3 COP
04 December 20231 MYR = 850.7 COP
05 December 20231 MYR = 860.6 COP
06 December 20231 MYR = 860.3 COP
07 December 20231 MYR = 857.2 COP
08 December 20231 MYR = 855.7 COP
10 December 20231 MYR = 854.2 COP
11 December 20231 MYR = 846.8 COP
12 December 20231 MYR = 847.5 COP
13 December 20231 MYR = 851.6 COP
14 December 20231 MYR = 844.8 COP
15 December 20231 MYR = 848.9 COP
16 December 20231 MYR = 844.6 COP
17 December 20231 MYR = 844.6 COP
18 December 20231 MYR = 845.0 COP
19 December 20231 MYR = 838.3 COP
20 December 20231 MYR = 841.8 COP
21 December 20231 MYR = 846.2 COP
22 December 20231 MYR = 847.8 COP
23 December 20231 MYR = 844.0 COP
24 December 20231 MYR = 844.0 COP
25 December 20231 MYR = 839.2 COP
26 December 20231 MYR = 853.5 COP
27 December 20231 MYR = 832.2 COP
28 December 20231 MYR = 828.3 COP
29 December 20231 MYR = 842.5 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.
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