Historic Malaysian ringgit Iranian Rial

Malaysian ringgit iranian rial history for February 2024. The highest quote for this month is 8912.1 (03/02/2024) and the lowest 8915.49 (02/02/2024). The difference between high and low is -0.04.

MYR IRR average rate for February 2024 is 8819.93222, the change between 01/02/2024 and 29/02/2024 is +0.81 %.

01 February 20241 MYR = 8888.30 IRR
02 February 20241 MYR = 8887.76 IRR
03 February 20241 MYR = 8906.80 IRR
04 February 20241 MYR = 8907.74 IRR
05 February 20241 MYR = 8913.04 IRR
06 February 20241 MYR = 8846.20 IRR
07 February 20241 MYR = 8820.07 IRR
08 February 20241 MYR = 8825.38 IRR
09 February 20241 MYR = 8812.79 IRR
12 February 20241 MYR = 8818.90 IRR
13 February 20241 MYR = 8818.90 IRR
14 February 20241 MYR = 8817.17 IRR
15 February 20241 MYR = 8781.10 IRR
16 February 20241 MYR = 8791.34 IRR
17 February 20241 MYR = 8790.66 IRR
18 February 20241 MYR = 8790.66 IRR
19 February 20241 MYR = 8791.21 IRR
20 February 20241 MYR = 8778.35 IRR
21 February 20241 MYR = 8759.88 IRR
22 February 20241 MYR = 8766.82 IRR
23 February 20241 MYR = 8796.86 IRR
24 February 20241 MYR = 8795.81 IRR
25 February 20241 MYR = 8795.81 IRR
26 February 20241 MYR = 8800.54 IRR
27 February 20241 MYR = 8795.81 IRR
28 February 20241 MYR = 8823.53 IRR
29 February 20241 MYR = 8816.74 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.