Historic Malaysian ringgit United States dollar

Malaysian ringgit united states dollar history for December 2023. The highest quote for this month is 0.21697 (29/12/2023) and the lowest 0.21863 (29/12/2023). The difference between high and low is -0.77.

MYR USD average rate for December 2023 is 0.21457, the change between 01/12/2023 and 31/12/2023 is -1.13 %.

01 December 20231 MYR = 0.2147 USD
02 December 20231 MYR = 0.2141 USD
03 December 20231 MYR = 0.2141 USD
04 December 20231 MYR = 0.2141 USD
05 December 20231 MYR = 0.2141 USD
06 December 20231 MYR = 0.2145 USD
07 December 20231 MYR = 0.2143 USD
08 December 20231 MYR = 0.2140 USD
09 December 20231 MYR = 0.2145 USD
10 December 20231 MYR = 0.2145 USD
11 December 20231 MYR = 0.2145 USD
12 December 20231 MYR = 0.2137 USD
13 December 20231 MYR = 0.2136 USD
14 December 20231 MYR = 0.2129 USD
15 December 20231 MYR = 0.2141 USD
16 December 20231 MYR = 0.2142 USD
17 December 20231 MYR = 0.2142 USD
18 December 20231 MYR = 0.2141 USD
19 December 20231 MYR = 0.2132 USD
20 December 20231 MYR = 0.2136 USD
21 December 20231 MYR = 0.2148 USD
22 December 20231 MYR = 0.2149 USD
23 December 20231 MYR = 0.2160 USD
24 December 20231 MYR = 0.2160 USD
25 December 20231 MYR = 0.2149 USD
26 December 20231 MYR = 0.2160 USD
27 December 20231 MYR = 0.2157 USD
28 December 20231 MYR = 0.2161 USD
29 December 20231 MYR = 0.2172 USD

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.