Historic Malaysian ringgit Guyanese dollar

Malaysian ringgit guyanese dollar history for January 2024. The highest quote for this month is 44.832 (14/01/2024) and the lowest 44.842 (14/01/2024). The difference between high and low is -0.02.

MYR GYD average rate for January 2024 is 43.11452, the change between 01/01/2024 and 31/01/2024 is +3.1 %.

01 January 20241 MYR = 43.71 GYD
02 January 20241 MYR = 43.75 GYD
03 January 20241 MYR = 43.50 GYD
04 January 20241 MYR = 43.48 GYD
05 January 20241 MYR = 43.18 GYD
06 January 20241 MYR = 44.70 GYD
07 January 20241 MYR = 44.77 GYD
08 January 20241 MYR = 42.88 GYD
09 January 20241 MYR = 43.01 GYD
10 January 20241 MYR = 43.09 GYD
11 January 20241 MYR = 43.15 GYD
12 January 20241 MYR = 43.10 GYD
14 January 20241 MYR = 44.84 GYD
15 January 20241 MYR = 43.06 GYD
16 January 20241 MYR = 42.86 GYD
17 January 20241 MYR = 43.14 GYD
18 January 20241 MYR = 42.46 GYD
19 January 20241 MYR = 42.46 GYD
22 January 20241 MYR = 42.45 GYD
23 January 20241 MYR = 42.36 GYD
24 January 20241 MYR = 42.36 GYD
25 January 20241 MYR = 42.35 GYD
26 January 20241 MYR = 42.35 GYD
28 January 20241 MYR = 44.08 GYD
29 January 20241 MYR = 42.37 GYD
30 January 20241 MYR = 42.28 GYD
31 January 20241 MYR = 42.35 GYD

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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.
MYR GYD January 2024
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MYR GYD December 2024
MYR GYD January 2025