Historic Malaysian ringgit Fijian Dollar

Malaysian ringgit fijian dollar history for January 2024. The highest quote for this month is 0.47985 (11/01/2024) and the lowest 0.48064 (11/01/2024). The difference between high and low is -0.16.

MYR FJD average rate for January 2024 is 0.47567, the change between 01/01/2024 and 31/01/2024 is +1.04 %.

01 January 20241 MYR = 0.4753 FJD
02 January 20241 MYR = 0.4753 FJD
03 January 20241 MYR = 0.4817 FJD
04 January 20241 MYR = 0.4829 FJD
05 January 20241 MYR = 0.4753 FJD
08 January 20241 MYR = 0.4731 FJD
09 January 20241 MYR = 0.4781 FJD
10 January 20241 MYR = 0.4798 FJD
11 January 20241 MYR = 0.4801 FJD
12 January 20241 MYR = 0.4800 FJD
15 January 20241 MYR = 0.4734 FJD
16 January 20241 MYR = 0.4737 FJD
17 January 20241 MYR = 0.4785 FJD
18 January 20241 MYR = 0.4726 FJD
19 January 20241 MYR = 0.4718 FJD
22 January 20241 MYR = 0.4718 FJD
23 January 20241 MYR = 0.4771 FJD
24 January 20241 MYR = 0.4770 FJD
25 January 20241 MYR = 0.4761 FJD
26 January 20241 MYR = 0.4707 FJD
29 January 20241 MYR = 0.4715 FJD
30 January 20241 MYR = 0.4743 FJD
31 January 20241 MYR = 0.4704 FJD

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.