Historic North Korean won Malaysian ringgit

North Korean won malaysian ringgit history for November 2023. The highest quote for this month is 0.005303 (01/11/2023) and the lowest 0.005291 (01/11/2023). The difference between high and low is 0.23.

KPW MYR average rate for November 2023 is 0.0052, the change between 01/11/2023 and 30/11/2023 is +1.89 %.

01 November 20231 KPW = 0.0053 MYR
06 November 20231 KPW = 0.0053 MYR
07 November 20231 KPW = 0.0051 MYR
08 November 20231 KPW = 0.0051 MYR
09 November 20231 KPW = 0.0052 MYR
10 November 20231 KPW = 0.0052 MYR
11 November 20231 KPW = 0.0052 MYR
12 November 20231 KPW = 0.0052 MYR
13 November 20231 KPW = 0.0052 MYR
14 November 20231 KPW = 0.0052 MYR
15 November 20231 KPW = 0.0052 MYR
16 November 20231 KPW = 0.0052 MYR
17 November 20231 KPW = 0.0052 MYR
18 November 20231 KPW = 0.0052 MYR
19 November 20231 KPW = 0.0052 MYR
20 November 20231 KPW = 0.0052 MYR
21 November 20231 KPW = 0.0052 MYR
22 November 20231 KPW = 0.0052 MYR
23 November 20231 KPW = 0.0052 MYR
26 November 20231 KPW = 0.0052 MYR
27 November 20231 KPW = 0.0052 MYR
28 November 20231 KPW = 0.0052 MYR
29 November 20231 KPW = 0.0052 MYR
30 November 20231 KPW = 0.0052 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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.