Malaysian ringgit united states dollar exchange rate history (MYR USD) January 2023

Malaysian ringgit united states dollar history for January 2023. The highest quote for this month is 0.23579 (29/01/2023) and the lowest 0.2368 (27/01/2023). The difference between high and low is -0.43.

MYR USD average rate for January 2023 is 0.23064, the change between 01/01/2023 and 31/01/2023 is -3.74 %.

01 January 2023	1 MYR = 0.2273 USD
02 January 2023	1 MYR = 0.2271 USD
03 January 2023	1 MYR = 0.2271 USD
04 January 2023	1 MYR = 0.2271 USD
05 January 2023	1 MYR = 0.2272 USD
06 January 2023	1 MYR = 0.2281 USD
07 January 2023	1 MYR = 0.2272 USD
08 January 2023	1 MYR = 0.2272 USD
09 January 2023	1 MYR = 0.2272 USD
10 January 2023	1 MYR = 0.2287 USD
11 January 2023	1 MYR = 0.2288 USD
12 January 2023	1 MYR = 0.2289 USD
13 January 2023	1 MYR = 0.2295 USD
14 January 2023	1 MYR = 0.2307 USD
16 January 2023	1 MYR = 0.2308 USD
17 January 2023	1 MYR = 0.2318 USD
18 January 2023	1 MYR = 0.2313 USD
19 January 2023	1 MYR = 0.2320 USD
20 January 2023	1 MYR = 0.2322 USD
21 January 2023	1 MYR = 0.2335 USD
23 January 2023	1 MYR = 0.2335 USD
24 January 2023	1 MYR = 0.2335 USD
26 January 2023	1 MYR = 0.2335 USD
27 January 2023	1 MYR = 0.2357 USD
29 January 2023	1 MYR = 0.2358 USD
30 January 2023	1 MYR = 0.2358 USD
31 January 2023	1 MYR = 0.2358 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.