Historic Malaysian ringgit North Korean won

Malaysian ringgit north korean won history for January 2024. The highest quote for this month is 195.97 (01/01/2024) and the lowest 196.1 (02/01/2024). The difference between high and low is -0.07.

MYR KPW average rate for January 2024 is 192.76321, the change between 01/01/2024 and 31/01/2024 is +2.81 %.

01 January 20241 MYR = 196.0 KPW
02 January 20241 MYR = 196.0 KPW
03 January 20241 MYR = 195.6 KPW
04 January 20241 MYR = 195.6 KPW
05 January 20241 MYR = 194.3 KPW
06 January 20241 MYR = 193.4 KPW
07 January 20241 MYR = 193.7 KPW
08 January 20241 MYR = 193.5 KPW
09 January 20241 MYR = 193.6 KPW
10 January 20241 MYR = 193.9 KPW
11 January 20241 MYR = 193.9 KPW
12 January 20241 MYR = 193.8 KPW
13 January 20241 MYR = 193.7 KPW
14 January 20241 MYR = 193.8 KPW
15 January 20241 MYR = 193.8 KPW
16 January 20241 MYR = 192.8 KPW
17 January 20241 MYR = 193.8 KPW
18 January 20241 MYR = 190.9 KPW
19 January 20241 MYR = 190.9 KPW
22 January 20241 MYR = 191.0 KPW
23 January 20241 MYR = 190.5 KPW
24 January 20241 MYR = 190.5 KPW
25 January 20241 MYR = 190.4 KPW
26 January 20241 MYR = 190.3 KPW
28 January 20241 MYR = 190.5 KPW
29 January 20241 MYR = 190.5 KPW
30 January 20241 MYR = 190.2 KPW
31 January 20241 MYR = 190.5 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.