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.
OMR MYR January 2024
OMR MYR February 2024
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