Historic Malaysian ringgit Omani rial

Malaysian ringgit omani rial history for August 2023. The highest quote for this month is 0.084749 (01/08/2023) and the lowest 0.085159 (01/08/2023). The difference between high and low is -0.48.

MYR OMR average rate for August 2023 is 0.08315, the change between 01/08/2023 and 31/08/2023 is +2.35 %.

01 August 20231 MYR = 0.0847 OMR
02 August 20231 MYR = 0.0849 OMR
03 August 20231 MYR = 0.0842 OMR
04 August 20231 MYR = 0.0845 OMR
07 August 20231 MYR = 0.0843 OMR
08 August 20231 MYR = 0.0842 OMR
09 August 20231 MYR = 0.0838 OMR
10 August 20231 MYR = 0.0840 OMR
11 August 20231 MYR = 0.0840 OMR
12 August 20231 MYR = 0.0840 OMR
14 August 20231 MYR = 0.0815 OMR
15 August 20231 MYR = 0.0831 OMR
16 August 20231 MYR = 0.0828 OMR
17 August 20231 MYR = 0.0829 OMR
18 August 20231 MYR = 0.0825 OMR
19 August 20231 MYR = 0.0829 OMR
20 August 20231 MYR = 0.0829 OMR
21 August 20231 MYR = 0.0799 OMR
22 August 20231 MYR = 0.0826 OMR
23 August 20231 MYR = 0.0826 OMR
24 August 20231 MYR = 0.0826 OMR
25 August 20231 MYR = 0.0826 OMR
28 August 20231 MYR = 0.0828 OMR
29 August 20231 MYR = 0.0825 OMR
30 August 20231 MYR = 0.0826 OMR
31 August 20231 MYR = 0.0827 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

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.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.