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.
07/10/2019: Modernization of Banknotes
The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.
12/08/2015: Ringgit Depreciation
The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.
27/01/2009: Currency Crisis
Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.
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.
15/06/1997: Monetary Integration
Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.
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.
15/03/1967: Introduction of the New Lempira
A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.
03/09/1950: Devaluation of the Lempira
The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.
11/10/1940: Monetary Reforms
Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.
07/03/1931: Creation of the Lempira
The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.