Historic Malaysian ringgit United States dollar

Malaysian ringgit united states dollar history for June 2023. The highest quote for this month is 0.21856 (03/06/2023) and the lowest 0.21863 (02/06/2023). The difference between high and low is -0.03.

MYR USD average rate for June 2023 is 0.21656, the change between 01/06/2023 and 30/06/2023 is +1.35 %.

02 June 20231 MYR = 0.2169 USD
03 June 20231 MYR = 0.2186 USD
09 June 20231 MYR = 0.2166 USD
10 June 20231 MYR = 0.2168 USD
12 June 20231 MYR = 0.2169 USD
13 June 20231 MYR = 0.2166 USD
16 June 20231 MYR = 0.2163 USD
19 June 20231 MYR = 0.2168 USD
20 June 20231 MYR = 0.2162 USD
26 June 20231 MYR = 0.2140 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.