Historic Malaysian ringgit New Zealand Dollar

Malaysian ringgit new zealand dollar history for February 2024. The highest quote for this month is 0.34957 (04/02/2024) and the lowest 0.34955 (03/02/2024). The difference between high and low is 0.01.

MYR NZD average rate for February 2024 is 0.34262, the change between 01/02/2024 and 29/02/2024 is +0.59 %.

01 February 20241 MYR = 0.3461 NZD
02 February 20241 MYR = 0.3443 NZD
03 February 20241 MYR = 0.3496 NZD
04 February 20241 MYR = 0.3494 NZD
05 February 20241 MYR = 0.3497 NZD
06 February 20241 MYR = 0.3480 NZD
07 February 20241 MYR = 0.3442 NZD
08 February 20241 MYR = 0.3439 NZD
09 February 20241 MYR = 0.3434 NZD
10 February 20241 MYR = 0.3418 NZD
12 February 20241 MYR = 0.3416 NZD
13 February 20241 MYR = 0.3427 NZD
14 February 20241 MYR = 0.3465 NZD
15 February 20241 MYR = 0.3433 NZD
16 February 20241 MYR = 0.3425 NZD
17 February 20241 MYR = 0.3416 NZD
18 February 20241 MYR = 0.3415 NZD
19 February 20241 MYR = 0.3411 NZD
20 February 20241 MYR = 0.3403 NZD
21 February 20241 MYR = 0.3380 NZD
22 February 20241 MYR = 0.3376 NZD
23 February 20241 MYR = 0.3380 NZD
24 February 20241 MYR = 0.3380 NZD
25 February 20241 MYR = 0.3377 NZD
26 February 20241 MYR = 0.3386 NZD
27 February 20241 MYR = 0.3396 NZD
28 February 20241 MYR = 0.3405 NZD
29 February 20241 MYR = 0.3441 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the 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.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.