Malaysian ringgit somali shilling history for February 2024. The highest quote for this month is 120.16 (01/02/2024) and the lowest 120.57 (02/02/2024). The difference between high and low is -0.34.
MYR SOS average rate for February 2024 is 119.25619, the change between 01/02/2024 and 29/02/2024 is +0.82 %.
01 February 2024 | 1 MYR = 120.2 SOS |
02 February 2024 | 1 MYR = 120.2 SOS |
05 February 2024 | 1 MYR = 120.3 SOS |
06 February 2024 | 1 MYR = 119.4 SOS |
07 February 2024 | 1 MYR = 119.3 SOS |
08 February 2024 | 1 MYR = 119.4 SOS |
09 February 2024 | 1 MYR = 119.1 SOS |
12 February 2024 | 1 MYR = 119.3 SOS |
13 February 2024 | 1 MYR = 119.3 SOS |
14 February 2024 | 1 MYR = 119.2 SOS |
15 February 2024 | 1 MYR = 118.8 SOS |
16 February 2024 | 1 MYR = 119.5 SOS |
19 February 2024 | 1 MYR = 119.5 SOS |
20 February 2024 | 1 MYR = 118.7 SOS |
21 February 2024 | 1 MYR = 118.4 SOS |
22 February 2024 | 1 MYR = 118.5 SOS |
23 February 2024 | 1 MYR = 119.0 SOS |
26 February 2024 | 1 MYR = 119.0 SOS |
27 February 2024 | 1 MYR = 119.0 SOS |
28 February 2024 | 1 MYR = 119.3 SOS |
29 February 2024 | 1 MYR = 119.2 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.