Historic Malaysian ringgit Singapore dollar

Malaysian ringgit singapore dollar history for January 2024. The highest quote for this month is 0.28812 (02/01/2024) and the lowest 0.28733 (02/01/2024). The difference between high and low is 0.27.

MYR SGD average rate for January 2024 is 0.28572, the change between 01/01/2024 and 31/01/2024 is +1.32 %.

01 January 20241 MYR = 0.2872 SGD
02 January 20241 MYR = 0.2873 SGD
03 January 20241 MYR = 0.2883 SGD
04 January 20241 MYR = 0.2887 SGD
05 January 20241 MYR = 0.2869 SGD
06 January 20241 MYR = 0.2857 SGD
07 January 20241 MYR = 0.2861 SGD
08 January 20241 MYR = 0.2858 SGD
09 January 20241 MYR = 0.2858 SGD
10 January 20241 MYR = 0.2868 SGD
11 January 20241 MYR = 0.2868 SGD
12 January 20241 MYR = 0.2863 SGD
13 January 20241 MYR = 0.2865 SGD
14 January 20241 MYR = 0.2867 SGD
15 January 20241 MYR = 0.2868 SGD
16 January 20241 MYR = 0.2858 SGD
17 January 20241 MYR = 0.2891 SGD
18 January 20241 MYR = 0.2851 SGD
19 January 20241 MYR = 0.2850 SGD
22 January 20241 MYR = 0.2845 SGD
23 January 20241 MYR = 0.2841 SGD
24 January 20241 MYR = 0.2838 SGD
25 January 20241 MYR = 0.2834 SGD
26 January 20241 MYR = 0.2834 SGD
28 January 20241 MYR = 0.2838 SGD
29 January 20241 MYR = 0.2840 SGD
30 January 20241 MYR = 0.2831 SGD
31 January 20241 MYR = 0.2834 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.
MYR SGD January 2024
MYR SGD February 2024
MYR SGD March 2024
MYR SGD April 2024
MYR SGD May 2024
MYR SGD June 2024
MYR SGD July 2024
MYR SGD August 2024
MYR SGD September 2024
MYR SGD October 2024
MYR SGD November 2024
MYR SGD December 2024
MYR SGD January 2025