Historic Omani rial Malaysian ringgit

Omani rial malaysian ringgit history for February 2024. The highest quote for this month is 12.504 (21/02/2024) and the lowest 12.819 (12/02/2024). The difference between high and low is -2.52.

OMR MYR average rate for February 2024 is 12.40515, the change between 01/02/2024 and 29/02/2024 is -0.84 %.

01 February 20241 OMR = 12.32 MYR
02 February 20241 OMR = 12.32 MYR
03 February 20241 OMR = 12.25 MYR
04 February 20241 OMR = 12.25 MYR
05 February 20241 OMR = 12.28 MYR
06 February 20241 OMR = 12.38 MYR
07 February 20241 OMR = 12.42 MYR
08 February 20241 OMR = 12.41 MYR
09 February 20241 OMR = 12.43 MYR
12 February 20241 OMR = 12.40 MYR
13 February 20241 OMR = 12.42 MYR
14 February 20241 OMR = 12.42 MYR
15 February 20241 OMR = 12.47 MYR
16 February 20241 OMR = 12.46 MYR
17 February 20241 OMR = 12.41 MYR
18 February 20241 OMR = 12.41 MYR
19 February 20241 OMR = 12.44 MYR
20 February 20241 OMR = 12.48 MYR
21 February 20241 OMR = 12.51 MYR
22 February 20241 OMR = 12.50 MYR
23 February 20241 OMR = 12.45 MYR
24 February 20241 OMR = 12.41 MYR
25 February 20241 OMR = 12.41 MYR
26 February 20241 OMR = 12.43 MYR
27 February 20241 OMR = 12.45 MYR
28 February 20241 OMR = 12.41 MYR
29 February 20241 OMR = 12.43 MYR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

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.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.
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