Historic Malaysian ringgit Iranian Rial

Malaysian ringgit iranian rial history for October 2023. The highest quote for this month is 8948.55 (01/10/2023) and the lowest 8953.31 (02/10/2023). The difference between high and low is -0.05.

MYR IRR average rate for October 2023 is 8862.13852, the change between 01/10/2023 and 31/10/2023 is +1.34 %.

01 October 20231 MYR = 8948.55 IRR
02 October 20231 MYR = 8949.88 IRR
03 October 20231 MYR = 8913.99 IRR
04 October 20231 MYR = 8894.54 IRR
05 October 20231 MYR = 8886.66 IRR
06 October 20231 MYR = 8894.18 IRR
07 October 20231 MYR = 8917.20 IRR
09 October 20231 MYR = 8920.61 IRR
10 October 20231 MYR = 8885.72 IRR
11 October 20231 MYR = 8896.06 IRR
12 October 20231 MYR = 8905.85 IRR
13 October 20231 MYR = 8917.20 IRR
16 October 20231 MYR = 8892.30 IRR
17 October 20231 MYR = 8872.93 IRR
18 October 20231 MYR = 8871.99 IRR
19 October 20231 MYR = 8862.29 IRR
20 October 20231 MYR = 8824.15 IRR
21 October 20231 MYR = 8814.27 IRR
22 October 20231 MYR = 8814.27 IRR
23 October 20231 MYR = 8814.27 IRR
24 October 20231 MYR = 8814.27 IRR
25 October 20231 MYR = 8772.85 IRR
26 October 20231 MYR = 8792.13 IRR
27 October 20231 MYR = 8779.63 IRR
29 October 20231 MYR = 8793.97 IRR
30 October 20231 MYR = 8799.20 IRR
31 October 20231 MYR = 8828.78 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.