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

Malaysian ringgit singapore dollar history for October 2023. The highest quote for this month is 0.29141 (02/10/2023) and the lowest 0.29117 (02/10/2023). The difference between high and low is 0.08.

MYR SGD average rate for October 2023 is 0.28868, the change between 01/10/2023 and 31/10/2023 is +1.49 %.

01 October 2023	1 MYR = 0.2911 SGD
02 October 2023	1 MYR = 0.2913 SGD
03 October 2023	1 MYR = 0.2913 SGD
04 October 2023	1 MYR = 0.2909 SGD
05 October 2023	1 MYR = 0.2901 SGD
06 October 2023	1 MYR = 0.2894 SGD
07 October 2023	1 MYR = 0.2898 SGD
09 October 2023	1 MYR = 0.2900 SGD
10 October 2023	1 MYR = 0.2884 SGD
11 October 2023	1 MYR = 0.2885 SGD
12 October 2023	1 MYR = 0.2889 SGD
13 October 2023	1 MYR = 0.2908 SGD
16 October 2023	1 MYR = 0.2897 SGD
17 October 2023	1 MYR = 0.2891 SGD
18 October 2023	1 MYR = 0.2890 SGD
19 October 2023	1 MYR = 0.2895 SGD
20 October 2023	1 MYR = 0.2882 SGD
21 October 2023	1 MYR = 0.2879 SGD
22 October 2023	1 MYR = 0.2880 SGD
23 October 2023	1 MYR = 0.2881 SGD
24 October 2023	1 MYR = 0.2868 SGD
25 October 2023	1 MYR = 0.2857 SGD
26 October 2023	1 MYR = 0.2873 SGD
27 October 2023	1 MYR = 0.2861 SGD
28 October 2023	1 MYR = 0.2869 SGD
29 October 2023	1 MYR = 0.2869 SGD
30 October 2023	1 MYR = 0.2869 SGD
31 October 2023	1 MYR = 0.2867 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