Historic Malaysian ringgit Colombian Peso

Malaysian ringgit colombian peso history for October 2023. The highest quote for this month is 940.15 (07/10/2023) and the lowest 914.83 (09/10/2023). The difference between high and low is 2.69.

MYR COP average rate for October 2023 is 887.22964, the change between 01/10/2023 and 31/10/2023 is +1.76 %.

01 October 20231 MYR = 868.2 COP
02 October 20231 MYR = 868.6 COP
03 October 20231 MYR = 882.4 COP
04 October 20231 MYR = 892.8 COP
05 October 20231 MYR = 906.2 COP
06 October 20231 MYR = 920.1 COP
07 October 20231 MYR = 918.0 COP
09 October 20231 MYR = 918.0 COP
10 October 20231 MYR = 912.4 COP
11 October 20231 MYR = 895.2 COP
12 October 20231 MYR = 893.8 COP
13 October 20231 MYR = 905.8 COP
16 October 20231 MYR = 896.2 COP
17 October 20231 MYR = 895.6 COP
18 October 20231 MYR = 886.5 COP
19 October 20231 MYR = 895.9 COP
20 October 20231 MYR = 894.0 COP
21 October 20231 MYR = 887.2 COP
22 October 20231 MYR = 887.2 COP
23 October 20231 MYR = 888.6 COP
24 October 20231 MYR = 883.9 COP
25 October 20231 MYR = 880.2 COP
26 October 20231 MYR = 876.1 COP
27 October 20231 MYR = 864.8 COP
28 October 20231 MYR = 858.6 COP
29 October 20231 MYR = 858.6 COP
30 October 20231 MYR = 854.8 COP
31 October 20231 MYR = 852.9 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.