Historic Malaysian ringgit Tanzanian Shilling

Malaysian ringgit tanzanian shilling history for August 2023. The highest quote for this month is 549.94 (04/08/2023) and the lowest 549.56 (14/08/2023). The difference between high and low is 0.07.

MYR TZS average rate for August 2023 is 541.07962, the change between 01/08/2023 and 31/08/2023 is +0.37 %.

01 August 20231 MYR = 542.2 TZS
02 August 20231 MYR = 543.2 TZS
03 August 20231 MYR = 539.0 TZS
04 August 20231 MYR = 545.0 TZS
07 August 20231 MYR = 546.7 TZS
08 August 20231 MYR = 543.2 TZS
09 August 20231 MYR = 540.3 TZS
10 August 20231 MYR = 547.2 TZS
11 August 20231 MYR = 546.0 TZS
12 August 20231 MYR = 544.0 TZS
14 August 20231 MYR = 545.3 TZS
15 August 20231 MYR = 542.9 TZS
16 August 20231 MYR = 540.9 TZS
17 August 20231 MYR = 539.2 TZS
18 August 20231 MYR = 538.7 TZS
19 August 20231 MYR = 538.0 TZS
20 August 20231 MYR = 538.0 TZS
21 August 20231 MYR = 539.3 TZS
22 August 20231 MYR = 539.1 TZS
23 August 20231 MYR = 539.2 TZS
24 August 20231 MYR = 537.0 TZS
25 August 20231 MYR = 539.5 TZS
28 August 20231 MYR = 538.2 TZS
29 August 20231 MYR = 537.4 TZS
30 August 20231 MYR = 538.4 TZS
31 August 20231 MYR = 540.2 TZS

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.