Historic Malaysian ringgit Israeli Sheqel

Malaysian ringgit israeli sheqel history for August 2023. The highest quote for this month is 0.82246 (31/08/2023) and the lowest 0.8188 (14/08/2023). The difference between high and low is 0.45.

MYR ILS average rate for August 2023 is 0.81212, the change between 01/08/2023 and 31/08/2023 is -0.77 %.

01 August 20231 MYR = 0.8091 ILS
02 August 20231 MYR = 0.8042 ILS
03 August 20231 MYR = 0.8061 ILS
04 August 20231 MYR = 0.8117 ILS
07 August 20231 MYR = 0.8019 ILS
08 August 20231 MYR = 0.8087 ILS
09 August 20231 MYR = 0.8125 ILS
10 August 20231 MYR = 0.8071 ILS
11 August 20231 MYR = 0.8112 ILS
12 August 20231 MYR = 0.8129 ILS
14 August 20231 MYR = 0.8129 ILS
15 August 20231 MYR = 0.8107 ILS
16 August 20231 MYR = 0.8069 ILS
17 August 20231 MYR = 0.8104 ILS
18 August 20231 MYR = 0.8140 ILS
20 August 20231 MYR = 0.8162 ILS
21 August 20231 MYR = 0.8167 ILS
22 August 20231 MYR = 0.8165 ILS
23 August 20231 MYR = 0.8156 ILS
24 August 20231 MYR = 0.8094 ILS
25 August 20231 MYR = 0.8175 ILS
28 August 20231 MYR = 0.8197 ILS
29 August 20231 MYR = 0.8174 ILS
30 August 20231 MYR = 0.8182 ILS
31 August 20231 MYR = 0.8153 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.