Malaysian ringgit singapore dollar exchange rate history (MYR SGD) January 2023

Malaysian ringgit singapore dollar history for January 2023. The highest quote for this month is 0.3101 (27/01/2023) and the lowest 0.31023 (27/01/2023). The difference between high and low is -0.04.

MYR SGD average rate for January 2023 is 0.30589, the change between 01/01/2023 and 31/01/2023 is -1.84 %.

01 January 2023	1 MYR = 0.3042 SGD
02 January 2023	1 MYR = 0.3038 SGD
03 January 2023	1 MYR = 0.3047 SGD
04 January 2023	1 MYR = 0.3055 SGD
05 January 2023	1 MYR = 0.3047 SGD
06 January 2023	1 MYR = 0.3069 SGD
07 January 2023	1 MYR = 0.3033 SGD
08 January 2023	1 MYR = 0.3033 SGD
09 January 2023	1 MYR = 0.3031 SGD
10 January 2023	1 MYR = 0.3042 SGD
11 January 2023	1 MYR = 0.3047 SGD
12 January 2023	1 MYR = 0.3045 SGD
13 January 2023	1 MYR = 0.3035 SGD
16 January 2023	1 MYR = 0.3047 SGD
17 January 2023	1 MYR = 0.3060 SGD
18 January 2023	1 MYR = 0.3053 SGD
19 January 2023	1 MYR = 0.3062 SGD
20 January 2023	1 MYR = 0.3068 SGD
23 January 2023	1 MYR = 0.3079 SGD
24 January 2023	1 MYR = 0.3079 SGD
25 January 2023	1 MYR = 0.3082 SGD
26 January 2023	1 MYR = 0.3063 SGD
27 January 2023	1 MYR = 0.3090 SGD
29 January 2023	1 MYR = 0.3096 SGD
30 January 2023	1 MYR = 0.3093 SGD
31 January 2023	1 MYR = 0.3098 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

Historic Malaysian ringgit Singapore dollar