Historic New Zealand Dollar Malaysian ringgit

New Zealand Dollar malaysian ringgit history for January 2024. The highest quote for this month is 2.9045 (06/01/2024) and the lowest 2.9165 (31/01/2024). The difference between high and low is -0.41.

NZD MYR average rate for January 2024 is 2.89026, the change between 01/01/2024 and 31/01/2024 is +0.16 %.

01 January 20241 NZD = 2.902 MYR
02 January 20241 NZD = 2.900 MYR
03 January 20241 NZD = 2.876 MYR
04 January 20241 NZD = 2.876 MYR
05 January 20241 NZD = 2.887 MYR
06 January 20241 NZD = 2.905 MYR
07 January 20241 NZD = 2.904 MYR
08 January 20241 NZD = 2.907 MYR
09 January 20241 NZD = 2.907 MYR
10 January 20241 NZD = 2.895 MYR
11 January 20241 NZD = 2.891 MYR
12 January 20241 NZD = 2.899 MYR
13 January 20241 NZD = 2.902 MYR
14 January 20241 NZD = 2.902 MYR
15 January 20241 NZD = 2.895 MYR
16 January 20241 NZD = 2.889 MYR
17 January 20241 NZD = 2.852 MYR
18 January 20241 NZD = 2.883 MYR
19 January 20241 NZD = 2.886 MYR
22 January 20241 NZD = 2.883 MYR
23 January 20241 NZD = 2.869 MYR
24 January 20241 NZD = 2.883 MYR
25 January 20241 NZD = 2.887 MYR
26 January 20241 NZD = 2.889 MYR
28 January 20241 NZD = 2.880 MYR
29 January 20241 NZD = 2.879 MYR
30 January 20241 NZD = 2.903 MYR
31 January 20241 NZD = 2.898 MYR

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the 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.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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