Historic Malaysian ringgit Somali shilling

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 20231 MYR = 121.3 SOS
04 July 20231 MYR = 121.1 SOS
05 July 20231 MYR = 121.7 SOS
06 July 20231 MYR = 121.5 SOS
07 July 20231 MYR = 121.2 SOS
10 July 20231 MYR = 121.1 SOS
11 July 20231 MYR = 121.3 SOS
12 July 20231 MYR = 121.6 SOS
13 July 20231 MYR = 121.6 SOS
14 July 20231 MYR = 123.4 SOS
17 July 20231 MYR = 125.1 SOS
18 July 20231 MYR = 124.5 SOS
19 July 20231 MYR = 124.7 SOS
20 July 20231 MYR = 124.7 SOS
21 July 20231 MYR = 124.7 SOS
24 July 20231 MYR = 124.0 SOS
25 July 20231 MYR = 123.8 SOS
26 July 20231 MYR = 123.8 SOS
27 July 20231 MYR = 124.2 SOS
28 July 20231 MYR = 125.1 SOS
31 July 20231 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.