Historic Namibian dollar Malaysian ringgit

Namibian dollar malaysian ringgit history for January 2024. The highest quote for this month is 0.25287 (17/01/2024) and the lowest 0.25214 (28/01/2024). The difference between high and low is 0.29.

NAD MYR average rate for January 2024 is 0.24899, the change between 01/01/2024 and 31/01/2024 is -0.54 %.

01 January 20241 NAD = 0.2499 MYR
02 January 20241 NAD = 0.2480 MYR
03 January 20241 NAD = 0.2484 MYR
04 January 20241 NAD = 0.2479 MYR
05 January 20241 NAD = 0.2479 MYR
06 January 20241 NAD = 0.2475 MYR
07 January 20241 NAD = 0.2488 MYR
08 January 20241 NAD = 0.2490 MYR
09 January 20241 NAD = 0.2489 MYR
10 January 20241 NAD = 0.2485 MYR
11 January 20241 NAD = 0.2497 MYR
12 January 20241 NAD = 0.2487 MYR
14 January 20241 NAD = 0.2497 MYR
15 January 20241 NAD = 0.2488 MYR
16 January 20241 NAD = 0.2500 MYR
17 January 20241 NAD = 0.2489 MYR
18 January 20241 NAD = 0.2475 MYR
19 January 20241 NAD = 0.2475 MYR
22 January 20241 NAD = 0.2493 MYR
23 January 20241 NAD = 0.2463 MYR
24 January 20241 NAD = 0.2463 MYR
25 January 20241 NAD = 0.2500 MYR
26 January 20241 NAD = 0.2505 MYR
28 January 20241 NAD = 0.2517 MYR
29 January 20241 NAD = 0.2503 MYR
30 January 20241 NAD = 0.2517 MYR
31 January 20241 NAD = 0.2512 MYR

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
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