Historic Malaysian ringgit Uruguayan peso

Malaysian ringgit uruguayan peso history for March 2024. The highest quote for this month is 8.3605 (12/03/2024) and the lowest 8.3721 (12/03/2024). The difference between high and low is -0.14.

MYR UYU average rate for March 2024 is 8.17738, the change between 01/03/2024 and 31/03/2024 is -2.76 %.

01 March 20241 MYR = 8.15 UYU
03 March 20241 MYR = 8.25 UYU
04 March 20241 MYR = 8.11 UYU
05 March 20241 MYR = 8.16 UYU
06 March 20241 MYR = 8.12 UYU
07 March 20241 MYR = 8.13 UYU
08 March 20241 MYR = 8.11 UYU
11 March 20241 MYR = 8.20 UYU
12 March 20241 MYR = 8.37 UYU

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.