Historic Malaysian ringgit Arab Emirates Dirham

Malaysian ringgit arab emirates dirham history for February 2024. The highest quote for this month is 0.7789 (03/02/2024) and the lowest 0.77947 (02/02/2024). The difference between high and low is -0.07.

MYR AED average rate for February 2024 is 0.77106, the change between 01/02/2024 and 29/02/2024 is +0.83 %.

01 February 20241 MYR = 0.7768 AED
02 February 20241 MYR = 0.7770 AED
03 February 20241 MYR = 0.7789 AED
04 February 20241 MYR = 0.7789 AED
05 February 20241 MYR = 0.7788 AED
06 February 20241 MYR = 0.7734 AED
07 February 20241 MYR = 0.7709 AED
08 February 20241 MYR = 0.7716 AED
09 February 20241 MYR = 0.7702 AED
12 February 20241 MYR = 0.7711 AED
13 February 20241 MYR = 0.7710 AED
14 February 20241 MYR = 0.7708 AED
15 February 20241 MYR = 0.7677 AED
16 February 20241 MYR = 0.7685 AED
17 February 20241 MYR = 0.7687 AED
18 February 20241 MYR = 0.7686 AED
19 February 20241 MYR = 0.7687 AED
20 February 20241 MYR = 0.7675 AED
21 February 20241 MYR = 0.7657 AED
22 February 20241 MYR = 0.7662 AED
23 February 20241 MYR = 0.7692 AED
24 February 20241 MYR = 0.7692 AED
25 February 20241 MYR = 0.7691 AED
26 February 20241 MYR = 0.7694 AED
27 February 20241 MYR = 0.7690 AED
28 February 20241 MYR = 0.7714 AED
29 February 20241 MYR = 0.7704 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.
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