Historic Malaysian ringgit Somali shilling

Malaysian ringgit somali shilling history for January 2024. The highest quote for this month is 123.68 (01/01/2024) and the lowest 123.76 (02/01/2024). The difference between high and low is -0.06.

MYR SOS average rate for January 2024 is 121.61913, the change between 01/01/2024 and 31/01/2024 is +2.81 %.

01 January 20241 MYR = 123.7 SOS
02 January 20241 MYR = 123.7 SOS
03 January 20241 MYR = 123.5 SOS
04 January 20241 MYR = 123.5 SOS
05 January 20241 MYR = 122.6 SOS
08 January 20241 MYR = 122.1 SOS
09 January 20241 MYR = 122.2 SOS
10 January 20241 MYR = 122.4 SOS
11 January 20241 MYR = 122.4 SOS
12 January 20241 MYR = 122.3 SOS
15 January 20241 MYR = 122.3 SOS
16 January 20241 MYR = 121.7 SOS
17 January 20241 MYR = 122.3 SOS
18 January 20241 MYR = 120.5 SOS
19 January 20241 MYR = 120.5 SOS
22 January 20241 MYR = 120.5 SOS
23 January 20241 MYR = 120.2 SOS
24 January 20241 MYR = 120.2 SOS
25 January 20241 MYR = 120.2 SOS
26 January 20241 MYR = 120.1 SOS
29 January 20241 MYR = 120.2 SOS
30 January 20241 MYR = 120.0 SOS
31 January 20241 MYR = 120.2 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.