Historic Malaysian ringgit Nicaraguan córdoba

Malaysian ringgit nicaraguan córdoba history for January 2024. The highest quote for this month is 7.911 (02/01/2024) and the lowest 7.8933 (01/01/2024). The difference between high and low is 0.22.

MYR NIO average rate for January 2024 is 7.79197, the change between 01/01/2024 and 31/01/2024 is +1.92 %.

01 January 20241 MYR = 7.89 NIO
02 January 20241 MYR = 7.89 NIO
03 January 20241 MYR = 7.94 NIO
04 January 20241 MYR = 7.94 NIO
05 January 20241 MYR = 7.80 NIO
06 January 20241 MYR = 7.87 NIO
07 January 20241 MYR = 7.88 NIO
08 January 20241 MYR = 7.75 NIO
09 January 20241 MYR = 7.85 NIO
10 January 20241 MYR = 7.78 NIO
11 January 20241 MYR = 7.79 NIO
12 January 20241 MYR = 7.79 NIO
13 January 20241 MYR = 7.88 NIO
14 January 20241 MYR = 7.88 NIO
15 January 20241 MYR = 7.78 NIO
16 January 20241 MYR = 7.74 NIO
17 January 20241 MYR = 7.80 NIO
18 January 20241 MYR = 7.74 NIO
19 January 20241 MYR = 7.74 NIO
22 January 20241 MYR = 7.67 NIO
23 January 20241 MYR = 7.73 NIO
24 January 20241 MYR = 7.73 NIO
25 January 20241 MYR = 7.73 NIO
26 January 20241 MYR = 7.72 NIO
28 January 20241 MYR = 7.75 NIO
29 January 20241 MYR = 7.66 NIO
30 January 20241 MYR = 7.71 NIO
31 January 20241 MYR = 7.73 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national 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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.