Historic Romanian leu Malaysian ringgit

Romanian leu malaysian ringgit history for January 2024. The highest quote for this month is 1.0338 (22/01/2024) and the lowest 1.0383 (24/01/2024). The difference between high and low is -0.44.

RON MYR average rate for January 2024 is 1.02606, the change between 01/01/2024 and 31/01/2024 is -1.09 %.

01 January 20241 RON = 1.020 MYR
02 January 20241 RON = 1.021 MYR
03 January 20241 RON = 1.014 MYR
04 January 20241 RON = 1.012 MYR
05 January 20241 RON = 1.021 MYR
07 January 20241 RON = 1.026 MYR
08 January 20241 RON = 1.027 MYR
09 January 20241 RON = 1.025 MYR
10 January 20241 RON = 1.022 MYR
11 January 20241 RON = 1.026 MYR
12 January 20241 RON = 1.027 MYR
13 January 20241 RON = 1.023 MYR
14 January 20241 RON = 1.023 MYR
15 January 20241 RON = 1.024 MYR
16 January 20241 RON = 1.028 MYR
17 January 20241 RON = 1.016 MYR
18 January 20241 RON = 1.033 MYR
19 January 20241 RON = 1.032 MYR
22 January 20241 RON = 1.031 MYR
23 January 20241 RON = 1.034 MYR
24 January 20241 RON = 1.032 MYR
25 January 20241 RON = 1.035 MYR
26 January 20241 RON = 1.032 MYR
28 January 20241 RON = 1.030 MYR
29 January 20241 RON = 1.032 MYR
30 January 20241 RON = 1.031 MYR
31 January 20241 RON = 1.031 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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
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