Historic Malaysian ringgit South Korean Won

Malaysian ringgit south korean won history for February 2024. The highest quote for this month is 283.89 (03/02/2024) and the lowest 283.74 (04/02/2024). The difference between high and low is 0.05.

MYR KRW average rate for February 2024 is 279.60679, the change between 01/02/2024 and 29/02/2024 is +0.87 %.

01 February 20241 MYR = 282.2 KRW
02 February 20241 MYR = 281.2 KRW
03 February 20241 MYR = 283.7 KRW
04 February 20241 MYR = 283.7 KRW
05 February 20241 MYR = 283.7 KRW
06 February 20241 MYR = 280.8 KRW
07 February 20241 MYR = 278.6 KRW
08 February 20241 MYR = 279.0 KRW
09 February 20241 MYR = 279.3 KRW
10 February 20241 MYR = 279.2 KRW
12 February 20241 MYR = 279.3 KRW
13 February 20241 MYR = 279.0 KRW
14 February 20241 MYR = 281.4 KRW
15 February 20241 MYR = 277.2 KRW
16 February 20241 MYR = 277.9 KRW
17 February 20241 MYR = 278.6 KRW
18 February 20241 MYR = 278.6 KRW
19 February 20241 MYR = 278.7 KRW
20 February 20241 MYR = 278.7 KRW
21 February 20241 MYR = 278.1 KRW
22 February 20241 MYR = 278.1 KRW
23 February 20241 MYR = 277.9 KRW
24 February 20241 MYR = 278.5 KRW
25 February 20241 MYR = 278.5 KRW
26 February 20241 MYR = 278.7 KRW
27 February 20241 MYR = 278.9 KRW
28 February 20241 MYR = 279.8 KRW
29 February 20241 MYR = 279.7 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
MYR KRW January 2024
MYR KRW February 2024
MYR KRW March 2024
MYR KRW April 2024
MYR KRW May 2024
MYR KRW June 2024
MYR KRW July 2024
MYR KRW August 2024
MYR KRW September 2024
MYR KRW October 2024
MYR KRW November 2024
MYR KRW December 2024
MYR KRW January 2025