Historic Philippine peso Malaysian ringgit

Philippine peso malaysian ringgit history for February 2024. The highest quote for this month is 0.085648 (21/02/2024) and the lowest 0.087697 (23/02/2024). The difference between high and low is -2.39.

PHP MYR average rate for February 2024 is 0.0851, the change between 01/02/2024 and 29/02/2024 is -0.63 %.

01 February 20241 PHP = 0.0843 MYR
02 February 20241 PHP = 0.0845 MYR
03 February 20241 PHP = 0.0843 MYR
04 February 20241 PHP = 0.0843 MYR
05 February 20241 PHP = 0.0840 MYR
06 February 20241 PHP = 0.0843 MYR
07 February 20241 PHP = 0.0849 MYR
08 February 20241 PHP = 0.0851 MYR
09 February 20241 PHP = 0.0852 MYR
10 February 20241 PHP = 0.0852 MYR
12 February 20241 PHP = 0.0852 MYR
13 February 20241 PHP = 0.0852 MYR
14 February 20241 PHP = 0.0850 MYR
15 February 20241 PHP = 0.0854 MYR
16 February 20241 PHP = 0.0856 MYR
17 February 20241 PHP = 0.0854 MYR
18 February 20241 PHP = 0.0854 MYR
19 February 20241 PHP = 0.0854 MYR
20 February 20241 PHP = 0.0854 MYR
21 February 20241 PHP = 0.0859 MYR
22 February 20241 PHP = 0.0859 MYR
23 February 20241 PHP = 0.0856 MYR
24 February 20241 PHP = 0.0854 MYR
25 February 20241 PHP = 0.0854 MYR
26 February 20241 PHP = 0.0854 MYR
27 February 20241 PHP = 0.0852 MYR
28 February 20241 PHP = 0.0849 MYR
29 February 20241 PHP = 0.0848 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.

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.

12/06/1985: 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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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