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.
31/07/2013: Polymer Banknotes Issued
Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.
24/10/2011: Currency Redenomination
A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.
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.
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.
12/06/1995: Introduction of New Banknotes
New banknotes were introduced, featuring enhanced security features and updated designs.
01/03/1990: New Currency Symbol
A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.
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.
12/04/1982: Decree on Currency Stability
The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.
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.
30/10/1953: Monetary Reform
A new monetary reform was implemented, replacing existing banknotes with new designs.
04/03/1943: Paraguayan Guaraní Introduced
The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.