Malaysian ringgit arab emirates dirham exchange rate history (MYR AED) August 2023

Malaysian ringgit arab emirates dirham history for August 2023. The highest quote for this month is 0.81115 (01/08/2023) and the lowest 0.81518 (01/08/2023). The difference between high and low is -0.5.

MYR AED average rate for August 2023 is 0.79734, the change between 01/08/2023 and 31/08/2023 is +2.36 %.

01 August 2023	1 MYR = 0.8110 AED
02 August 2023	1 MYR = 0.8125 AED
03 August 2023	1 MYR = 0.8062 AED
04 August 2023	1 MYR = 0.8085 AED
07 August 2023	1 MYR = 0.8066 AED
08 August 2023	1 MYR = 0.8059 AED
09 August 2023	1 MYR = 0.8018 AED
10 August 2023	1 MYR = 0.8038 AED
11 August 2023	1 MYR = 0.8036 AED
12 August 2023	1 MYR = 0.8011 AED
14 August 2023	1 MYR = 0.8010 AED
15 August 2023	1 MYR = 0.7953 AED
16 August 2023	1 MYR = 0.7926 AED
17 August 2023	1 MYR = 0.7936 AED
18 August 2023	1 MYR = 0.7899 AED
19 August 2023	1 MYR = 0.7906 AED
20 August 2023	1 MYR = 0.7906 AED
21 August 2023	1 MYR = 0.7905 AED
22 August 2023	1 MYR = 0.7903 AED
23 August 2023	1 MYR = 0.7904 AED
24 August 2023	1 MYR = 0.7904 AED
25 August 2023	1 MYR = 0.7909 AED
28 August 2023	1 MYR = 0.7919 AED
29 August 2023	1 MYR = 0.7893 AED
30 August 2023	1 MYR = 0.7909 AED
31 August 2023	1 MYR = 0.7918 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.

Historic Malaysian ringgit Arab Emirates Dirham