Historic Malaysian ringgit Namibian dollar

Malaysian ringgit namibian dollar history for February 2024. The highest quote for this month is 4.1779 (13/02/2024) and the lowest 4.0631 (27/02/2024). The difference between high and low is 2.75.

MYR NAD average rate for February 2024 is 3.988, the change between 01/02/2024 and 29/02/2024 is -3.23 %.

01 February 20241 MYR = 3.929 NAD
02 February 20241 MYR = 3.934 NAD
03 February 20241 MYR = 4.007 NAD
04 February 20241 MYR = 4.008 NAD
05 February 20241 MYR = 3.943 NAD
06 February 20241 MYR = 4.017 NAD
07 February 20241 MYR = 3.953 NAD
08 February 20241 MYR = 3.971 NAD
09 February 20241 MYR = 3.977 NAD
12 February 20241 MYR = 3.994 NAD
13 February 20241 MYR = 3.994 NAD
14 February 20241 MYR = 4.018 NAD
15 February 20241 MYR = 3.983 NAD
16 February 20241 MYR = 3.968 NAD
17 February 20241 MYR = 3.944 NAD
18 February 20241 MYR = 3.950 NAD
19 February 20241 MYR = 3.969 NAD
20 February 20241 MYR = 3.944 NAD
21 February 20241 MYR = 3.943 NAD
22 February 20241 MYR = 3.946 NAD
23 February 20241 MYR = 4.017 NAD
24 February 20241 MYR = 4.044 NAD
25 February 20241 MYR = 4.043 NAD
26 February 20241 MYR = 4.018 NAD
27 February 20241 MYR = 4.048 NAD
28 February 20241 MYR = 4.061 NAD
29 February 20241 MYR = 4.055 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.