Historic Nicaraguan córdoba Malaysian ringgit

Nicaraguan córdoba malaysian ringgit history for January 2024. The highest quote for this month is 0.13081 (24/01/2024) and the lowest 0.13086 (31/01/2024). The difference between high and low is -0.04.

NIO MYR average rate for January 2024 is 0.12835, the change between 01/01/2024 and 31/01/2024 is -1.96 %.

01 January 20241 NIO = 0.1268 MYR
02 January 20241 NIO = 0.1267 MYR
03 January 20241 NIO = 0.1260 MYR
04 January 20241 NIO = 0.1260 MYR
05 January 20241 NIO = 0.1282 MYR
06 January 20241 NIO = 0.1270 MYR
07 January 20241 NIO = 0.1268 MYR
08 January 20241 NIO = 0.1290 MYR
09 January 20241 NIO = 0.1274 MYR
10 January 20241 NIO = 0.1285 MYR
11 January 20241 NIO = 0.1284 MYR
12 January 20241 NIO = 0.1284 MYR
13 January 20241 NIO = 0.1269 MYR
14 January 20241 NIO = 0.1268 MYR
15 January 20241 NIO = 0.1286 MYR
16 January 20241 NIO = 0.1292 MYR
17 January 20241 NIO = 0.1282 MYR
18 January 20241 NIO = 0.1292 MYR
19 January 20241 NIO = 0.1292 MYR
22 January 20241 NIO = 0.1304 MYR
23 January 20241 NIO = 0.1294 MYR
24 January 20241 NIO = 0.1294 MYR
25 January 20241 NIO = 0.1294 MYR
26 January 20241 NIO = 0.1296 MYR
28 January 20241 NIO = 0.1290 MYR
29 January 20241 NIO = 0.1305 MYR
30 January 20241 NIO = 0.1296 MYR
31 January 20241 NIO = 0.1293 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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