Malaysian ringgit philippine peso exchange rate history (MYR PHP) December 2023

Malaysian ringgit philippine peso history for December 2023. The highest quote for this month is 12.074 (27/12/2023) and the lowest 12.035 (29/12/2023). The difference between high and low is 0.32.

MYR PHP average rate for December 2023 is 11.89864, the change between 01/12/2023 and 31/12/2023 is -0.79 %.

01 December 2023	1 MYR = 11.92 PHP
02 December 2023	1 MYR = 11.87 PHP
03 December 2023	1 MYR = 11.87 PHP
04 December 2023	1 MYR = 11.83 PHP
05 December 2023	1 MYR = 11.85 PHP
06 December 2023	1 MYR = 11.82 PHP
07 December 2023	1 MYR = 11.84 PHP
08 December 2023	1 MYR = 11.85 PHP
10 December 2023	1 MYR = 11.89 PHP
11 December 2023	1 MYR = 11.87 PHP
12 December 2023	1 MYR = 11.87 PHP
13 December 2023	1 MYR = 11.86 PHP
14 December 2023	1 MYR = 11.81 PHP
15 December 2023	1 MYR = 11.92 PHP
16 December 2023	1 MYR = 11.94 PHP
17 December 2023	1 MYR = 11.94 PHP
18 December 2023	1 MYR = 11.94 PHP
19 December 2023	1 MYR = 11.86 PHP
20 December 2023	1 MYR = 11.87 PHP
21 December 2023	1 MYR = 11.95 PHP
22 December 2023	1 MYR = 11.88 PHP
23 December 2023	1 MYR = 11.97 PHP
24 December 2023	1 MYR = 11.97 PHP
25 December 2023	1 MYR = 11.87 PHP
26 December 2023	1 MYR = 11.97 PHP
27 December 2023	1 MYR = 11.93 PHP
28 December 2023	1 MYR = 12.01 PHP
29 December 2023	1 MYR = 12.01 PHP

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.

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.

12/06/1985: 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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic Malaysian ringgit Philippine peso