Historic Malaysian ringgit Egyptian Pound

Malaysian ringgit egyptian pound history for February 2024. The highest quote for this month is 6.5451 (05/02/2024) and the lowest 6.5429 (04/02/2024). The difference between high and low is 0.03.

MYR EGP average rate for February 2024 is 6.48187, the change between 01/02/2024 and 29/02/2024 is +0.72 %.

01 February 20241 MYR = 6.53 EGP
02 February 20241 MYR = 6.53 EGP
03 February 20241 MYR = 6.54 EGP
04 February 20241 MYR = 6.54 EGP
05 February 20241 MYR = 6.59 EGP
06 February 20241 MYR = 6.50 EGP
07 February 20241 MYR = 6.48 EGP
08 February 20241 MYR = 6.49 EGP
09 February 20241 MYR = 6.47 EGP
12 February 20241 MYR = 6.44 EGP
13 February 20241 MYR = 6.48 EGP
14 February 20241 MYR = 6.48 EGP
15 February 20241 MYR = 6.45 EGP
16 February 20241 MYR = 6.46 EGP
17 February 20241 MYR = 6.46 EGP
18 February 20241 MYR = 6.46 EGP
19 February 20241 MYR = 6.43 EGP
20 February 20241 MYR = 6.45 EGP
21 February 20241 MYR = 6.44 EGP
22 February 20241 MYR = 6.44 EGP
23 February 20241 MYR = 6.47 EGP
24 February 20241 MYR = 6.46 EGP
25 February 20241 MYR = 6.48 EGP
26 February 20241 MYR = 6.47 EGP
27 February 20241 MYR = 6.47 EGP
28 February 20241 MYR = 6.49 EGP
29 February 20241 MYR = 6.48 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate 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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.