Historic Malaysian ringgit Costa Rican colón

Malaysian ringgit costa rican colón history for January 2024. The highest quote for this month is 111.51 (14/01/2024) and the lowest 111.53 (14/01/2024). The difference between high and low is -0.02.

MYR CRC average rate for January 2024 is 108.35815, the change between 01/01/2024 and 31/01/2024 is +4.35 %.

01 January 20241 MYR = 110.6 CRC
02 January 20241 MYR = 110.7 CRC
03 January 20241 MYR = 110.2 CRC
04 January 20241 MYR = 110.1 CRC
05 January 20241 MYR = 109.4 CRC
06 January 20241 MYR = 111.1 CRC
07 January 20241 MYR = 111.3 CRC
08 January 20241 MYR = 108.6 CRC
09 January 20241 MYR = 109.0 CRC
10 January 20241 MYR = 109.2 CRC
11 January 20241 MYR = 109.5 CRC
12 January 20241 MYR = 109.4 CRC
14 January 20241 MYR = 111.5 CRC
15 January 20241 MYR = 109.1 CRC
16 January 20241 MYR = 108.5 CRC
17 January 20241 MYR = 109.3 CRC
18 January 20241 MYR = 106.8 CRC
19 January 20241 MYR = 106.6 CRC
22 January 20241 MYR = 106.4 CRC
23 January 20241 MYR = 106.2 CRC
24 January 20241 MYR = 106.0 CRC
25 January 20241 MYR = 106.0 CRC
26 January 20241 MYR = 105.7 CRC
28 January 20241 MYR = 108.2 CRC
29 January 20241 MYR = 105.5 CRC
30 January 20241 MYR = 105.2 CRC
31 January 20241 MYR = 105.8 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
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