Malaysian ringgit hungarian forint exchange rate history (MYR HUF) December 2023

Malaysian ringgit hungarian forint history for December 2023. The highest quote for this month is 76.191 (11/12/2023) and the lowest 75.894 (10/12/2023). The difference between high and low is 0.39.

MYR HUF average rate for December 2023 is 74.943, the change between 01/12/2023 and 31/12/2023 is -0.23 %.

01 December 2023	1 MYR = 74.91 HUF
02 December 2023	1 MYR = 74.46 HUF
03 December 2023	1 MYR = 74.46 HUF
04 December 2023	1 MYR = 74.41 HUF
05 December 2023	1 MYR = 75.00 HUF
06 December 2023	1 MYR = 75.43 HUF
07 December 2023	1 MYR = 75.58 HUF
08 December 2023	1 MYR = 75.61 HUF
10 December 2023	1 MYR = 75.94 HUF
11 December 2023	1 MYR = 75.69 HUF
12 December 2023	1 MYR = 76.03 HUF
13 December 2023	1 MYR = 75.53 HUF
14 December 2023	1 MYR = 74.11 HUF
15 December 2023	1 MYR = 73.89 HUF
16 December 2023	1 MYR = 75.17 HUF
17 December 2023	1 MYR = 75.17 HUF
18 December 2023	1 MYR = 75.07 HUF
19 December 2023	1 MYR = 75.00 HUF
20 December 2023	1 MYR = 74.76 HUF
21 December 2023	1 MYR = 75.29 HUF
22 December 2023	1 MYR = 74.62 HUF
23 December 2023	1 MYR = 74.67 HUF
24 December 2023	1 MYR = 74.68 HUF
25 December 2023	1 MYR = 74.21 HUF
26 December 2023	1 MYR = 74.78 HUF
27 December 2023	1 MYR = 74.54 HUF
28 December 2023	1 MYR = 74.33 HUF
29 December 2023	1 MYR = 75.08 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.

Historic Malaysian ringgit Hungarian forint