Malaysian ringgit somali shilling history for July 2023. The highest quote for this month is 124.67 (19/07/2023) and the lowest 125.92 (31/07/2023). The difference between high and low is -1.
MYR SOS average rate for July 2023 is 123.08048, the change between 01/07/2023 and 31/07/2023 is -2.48 %.
03 July 2023 | 1 MYR = 121.3 SOS |
04 July 2023 | 1 MYR = 121.1 SOS |
05 July 2023 | 1 MYR = 121.7 SOS |
06 July 2023 | 1 MYR = 121.5 SOS |
07 July 2023 | 1 MYR = 121.2 SOS |
10 July 2023 | 1 MYR = 121.1 SOS |
11 July 2023 | 1 MYR = 121.3 SOS |
12 July 2023 | 1 MYR = 121.6 SOS |
13 July 2023 | 1 MYR = 121.6 SOS |
14 July 2023 | 1 MYR = 123.4 SOS |
17 July 2023 | 1 MYR = 125.1 SOS |
18 July 2023 | 1 MYR = 124.5 SOS |
19 July 2023 | 1 MYR = 124.7 SOS |
20 July 2023 | 1 MYR = 124.7 SOS |
21 July 2023 | 1 MYR = 124.7 SOS |
24 July 2023 | 1 MYR = 124.0 SOS |
25 July 2023 | 1 MYR = 123.8 SOS |
26 July 2023 | 1 MYR = 123.8 SOS |
27 July 2023 | 1 MYR = 124.2 SOS |
28 July 2023 | 1 MYR = 125.1 SOS |
31 July 2023 | 1 MYR = 124.3 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.