Historic Malaysian ringgit Iraqi dinar

Malaysian ringgit iraqi dinar history for January 2024. The highest quote for this month is 284.04 (02/01/2024) and the lowest 281.81 (14/01/2024). The difference between high and low is 0.79.

MYR IQD average rate for January 2024 is 278.10889, the change between 01/01/2024 and 31/01/2024 is +1.02 %.

01 January 20241 MYR = 279.7 IQD
02 January 20241 MYR = 279.9 IQD
03 January 20241 MYR = 284.3 IQD
04 January 20241 MYR = 284.3 IQD
05 January 20241 MYR = 282.3 IQD
06 January 20241 MYR = 281.4 IQD
07 January 20241 MYR = 281.8 IQD
08 January 20241 MYR = 274.9 IQD
09 January 20241 MYR = 281.4 IQD
10 January 20241 MYR = 276.2 IQD
11 January 20241 MYR = 281.8 IQD
12 January 20241 MYR = 276.3 IQD
14 January 20241 MYR = 281.8 IQD
15 January 20241 MYR = 275.8 IQD
16 January 20241 MYR = 274.6 IQD
17 January 20241 MYR = 276.5 IQD
18 January 20241 MYR = 277.6 IQD
19 January 20241 MYR = 277.4 IQD
22 January 20241 MYR = 272.0 IQD
23 January 20241 MYR = 276.9 IQD
24 January 20241 MYR = 276.9 IQD
25 January 20241 MYR = 276.7 IQD
26 January 20241 MYR = 276.6 IQD
28 January 20241 MYR = 277.0 IQD
29 January 20241 MYR = 271.7 IQD
30 January 20241 MYR = 276.4 IQD
31 January 20241 MYR = 276.8 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

12/08/2015: Ringgit Depreciation

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

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
MYR IQD January 2024
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MYR IQD January 2025