Historic Malaysian ringgit Namibian dollar

Malaysian ringgit namibian dollar history for December 2023. The highest quote for this month is 4.073 (12/12/2023) and the lowest 4.0988 (14/12/2023). The difference between high and low is -0.63.

MYR NAD average rate for December 2023 is 3.99801, the change between 01/12/2023 and 31/12/2023 is +0.6 %.

01 December 20231 MYR = 4.016 NAD
02 December 20231 MYR = 3.986 NAD
03 December 20231 MYR = 3.987 NAD
04 December 20231 MYR = 3.982 NAD
05 December 20231 MYR = 3.983 NAD
06 December 20231 MYR = 4.069 NAD
07 December 20231 MYR = 4.048 NAD
08 December 20231 MYR = 4.011 NAD
10 December 20231 MYR = 4.065 NAD
11 December 20231 MYR = 4.069 NAD
12 December 20231 MYR = 4.075 NAD
13 December 20231 MYR = 4.073 NAD
14 December 20231 MYR = 4.062 NAD
15 December 20231 MYR = 4.086 NAD
16 December 20231 MYR = 3.930 NAD
17 December 20231 MYR = 3.929 NAD
18 December 20231 MYR = 4.086 NAD
19 December 20231 MYR = 3.894 NAD
20 December 20231 MYR = 3.902 NAD
21 December 20231 MYR = 3.922 NAD
22 December 20231 MYR = 3.924 NAD
23 December 20231 MYR = 3.976 NAD
24 December 20231 MYR = 3.984 NAD
25 December 20231 MYR = 3.944 NAD
26 December 20231 MYR = 3.964 NAD
27 December 20231 MYR = 4.016 NAD
28 December 20231 MYR = 3.972 NAD
29 December 20231 MYR = 3.991 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

12/08/2015: Ringgit Depreciation

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

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.