Historic Nicaraguan córdoba Malaysian ringgit

Nicaraguan córdoba malaysian ringgit history for February 2024. The highest quote for this month is 0.13186 (22/02/2024) and the lowest 0.13197 (21/02/2024). The difference between high and low is -0.08.

NIO MYR average rate for February 2024 is 0.13045, the change between 01/02/2024 and 29/02/2024 is -1.55 %.

01 February 20241 NIO = 0.1294 MYR
02 February 20241 NIO = 0.1294 MYR
03 February 20241 NIO = 0.1288 MYR
04 February 20241 NIO = 0.1287 MYR
05 February 20241 NIO = 0.1291 MYR
06 February 20241 NIO = 0.1311 MYR
07 February 20241 NIO = 0.1305 MYR
08 February 20241 NIO = 0.1302 MYR
09 February 20241 NIO = 0.1305 MYR
10 February 20241 NIO = 0.1299 MYR
12 February 20241 NIO = 0.1312 MYR
13 February 20241 NIO = 0.1305 MYR
14 February 20241 NIO = 0.1304 MYR
15 February 20241 NIO = 0.1309 MYR
16 February 20241 NIO = 0.1308 MYR
17 February 20241 NIO = 0.1305 MYR
18 February 20241 NIO = 0.1305 MYR
19 February 20241 NIO = 0.1315 MYR
20 February 20241 NIO = 0.1317 MYR
21 February 20241 NIO = 0.1312 MYR
22 February 20241 NIO = 0.1309 MYR
23 February 20241 NIO = 0.1303 MYR
24 February 20241 NIO = 0.1304 MYR
25 February 20241 NIO = 0.1304 MYR
26 February 20241 NIO = 0.1314 MYR
27 February 20241 NIO = 0.1308 MYR
28 February 20241 NIO = 0.1303 MYR
29 February 20241 NIO = 0.1314 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.

12/08/2015: Ringgit Depreciation

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

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
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