Malaysian ringgit costa rican colón exchange rate history (MYR CRC) October 2023

Malaysian ringgit costa rican colón history for October 2023. The highest quote for this month is 113.39 (07/10/2023) and the lowest 113.27 (01/10/2023). The difference between high and low is 0.11.

MYR CRC average rate for October 2023 is 109.98815, the change between 01/10/2023 and 31/10/2023 is +4.05 %.

01 October 2023	1 MYR = 113.3 CRC
02 October 2023	1 MYR = 111.4 CRC
03 October 2023	1 MYR = 110.6 CRC
04 October 2023	1 MYR = 110.7 CRC
05 October 2023	1 MYR = 109.8 CRC
06 October 2023	1 MYR = 109.6 CRC
07 October 2023	1 MYR = 113.4 CRC
09 October 2023	1 MYR = 110.0 CRC
10 October 2023	1 MYR = 110.3 CRC
11 October 2023	1 MYR = 110.5 CRC
12 October 2023	1 MYR = 110.7 CRC
13 October 2023	1 MYR = 110.5 CRC
16 October 2023	1 MYR = 109.6 CRC
17 October 2023	1 MYR = 109.4 CRC
18 October 2023	1 MYR = 109.4 CRC
19 October 2023	1 MYR = 109.3 CRC
20 October 2023	1 MYR = 108.5 CRC
21 October 2023	1 MYR = 111.4 CRC
22 October 2023	1 MYR = 111.4 CRC
23 October 2023	1 MYR = 108.4 CRC
24 October 2023	1 MYR = 108.6 CRC
25 October 2023	1 MYR = 108.2 CRC
26 October 2023	1 MYR = 108.5 CRC
27 October 2023	1 MYR = 108.2 CRC
29 October 2023	1 MYR = 111.1 CRC
30 October 2023	1 MYR = 108.2 CRC
31 October 2023	1 MYR = 108.7 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.

Historic Malaysian ringgit Costa Rican colón