Historic Malaysian ringgit Colombian Peso

Malaysian ringgit colombian peso history for January 2024. The highest quote for this month is 851.21 (10/01/2024) and the lowest 849.03 (10/01/2024). The difference between high and low is 0.26.

MYR COP average rate for January 2024 is 836.59852, the change between 01/01/2024 and 31/01/2024 is +0.71 %.

01 January 20241 MYR = 835.3 COP
02 January 20241 MYR = 845.5 COP
03 January 20241 MYR = 844.9 COP
04 January 20241 MYR = 846.9 COP
05 January 20241 MYR = 847.6 COP
06 January 20241 MYR = 835.3 COP
07 January 20241 MYR = 836.6 COP
08 January 20241 MYR = 832.8 COP
09 January 20241 MYR = 835.2 COP
10 January 20241 MYR = 848.6 COP
11 January 20241 MYR = 847.8 COP
12 January 20241 MYR = 843.5 COP
14 January 20241 MYR = 842.9 COP
15 January 20241 MYR = 832.7 COP
16 January 20241 MYR = 837.7 COP
17 January 20241 MYR = 850.3 COP
18 January 20241 MYR = 839.1 COP
19 January 20241 MYR = 831.3 COP
22 January 20241 MYR = 821.3 COP
23 January 20241 MYR = 825.7 COP
24 January 20241 MYR = 837.4 COP
25 January 20241 MYR = 828.1 COP
26 January 20241 MYR = 832.6 COP
28 January 20241 MYR = 825.8 COP
29 January 20241 MYR = 823.9 COP
30 January 20241 MYR = 829.8 COP
31 January 20241 MYR = 829.4 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.