Historic New Zealand Dollar Malaysian ringgit

New Zealand Dollar malaysian ringgit history for October 2023. The highest quote for this month is 2.8427 (11/10/2023) and the lowest 2.8559 (11/10/2023). The difference between high and low is -0.46.

NZD MYR average rate for October 2023 is 2.79758, the change between 01/10/2023 and 31/10/2023 is +1.26 %.

01 October 20231 NZD = 2.816 MYR
02 October 20231 NZD = 2.814 MYR
03 October 20231 NZD = 2.801 MYR
04 October 20231 NZD = 2.792 MYR
05 October 20231 NZD = 2.799 MYR
06 October 20231 NZD = 2.819 MYR
07 October 20231 NZD = 2.822 MYR
09 October 20231 NZD = 2.814 MYR
10 October 20231 NZD = 2.852 MYR
11 October 20231 NZD = 2.854 MYR
12 October 20231 NZD = 2.839 MYR
13 October 20231 NZD = 2.789 MYR
16 October 20231 NZD = 2.792 MYR
17 October 20231 NZD = 2.794 MYR
18 October 20231 NZD = 2.791 MYR
19 October 20231 NZD = 2.776 MYR
20 October 20231 NZD = 2.783 MYR
21 October 20231 NZD = 2.778 MYR
22 October 20231 NZD = 2.778 MYR
23 October 20231 NZD = 2.778 MYR
24 October 20231 NZD = 2.788 MYR
25 October 20231 NZD = 2.799 MYR
26 October 20231 NZD = 2.767 MYR
27 October 20231 NZD = 2.788 MYR
28 October 20231 NZD = 2.778 MYR
29 October 20231 NZD = 2.778 MYR
30 October 20231 NZD = 2.774 MYR
31 October 20231 NZD = 2.780 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.