Malaysian ringgit somali shilling history for August 2023. The highest quote for this month is 124.78 (01/08/2023) and the lowest 125.43 (01/08/2023). The difference between high and low is -0.52.
MYR SOS average rate for August 2023 is 122.85087, the change between 01/08/2023 and 31/08/2023 is +2.36 %.
| 01 August 2023 | 1 MYR = 124.8 SOS |
| 02 August 2023 | 1 MYR = 125.0 SOS |
| 03 August 2023 | 1 MYR = 124.1 SOS |
| 04 August 2023 | 1 MYR = 124.6 SOS |
| 07 August 2023 | 1 MYR = 124.3 SOS |
| 08 August 2023 | 1 MYR = 124.2 SOS |
| 09 August 2023 | 1 MYR = 123.6 SOS |
| 10 August 2023 | 1 MYR = 123.9 SOS |
| 11 August 2023 | 1 MYR = 123.9 SOS |
| 14 August 2023 | 1 MYR = 123.5 SOS |
| 15 August 2023 | 1 MYR = 122.6 SOS |
| 16 August 2023 | 1 MYR = 122.2 SOS |
| 17 August 2023 | 1 MYR = 122.1 SOS |
| 18 August 2023 | 1 MYR = 121.5 SOS |
| 21 August 2023 | 1 MYR = 121.6 SOS |
| 22 August 2023 | 1 MYR = 121.8 SOS |
| 23 August 2023 | 1 MYR = 121.8 SOS |
| 24 August 2023 | 1 MYR = 121.6 SOS |
| 25 August 2023 | 1 MYR = 121.7 SOS |
| 28 August 2023 | 1 MYR = 121.8 SOS |
| 29 August 2023 | 1 MYR = 121.5 SOS |
| 30 August 2023 | 1 MYR = 121.7 SOS |
| 31 August 2023 | 1 MYR = 121.8 SOS |
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.
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.