Rwandan franc malaysian ringgit exchange rate history (RWF MYR) August 2023

Rwandan franc malaysian ringgit history for August 2023. The highest quote for this month is 0.003965 (28/08/2023) and the lowest 0.003982 (24/08/2023). The difference between high and low is -0.43.

RWF MYR average rate for August 2023 is 0.00393, the change between 01/08/2023 and 31/08/2023 is -1.26 %.

01 August 2023	1 RWF = 0.0039 MYR
02 August 2023	1 RWF = 0.0039 MYR
03 August 2023	1 RWF = 0.0039 MYR
04 August 2023	1 RWF = 0.0039 MYR
07 August 2023	1 RWF = 0.0039 MYR
08 August 2023	1 RWF = 0.0039 MYR
09 August 2023	1 RWF = 0.0039 MYR
10 August 2023	1 RWF = 0.0039 MYR
11 August 2023	1 RWF = 0.0039 MYR
12 August 2023	1 RWF = 0.0039 MYR
14 August 2023	1 RWF = 0.0039 MYR
15 August 2023	1 RWF = 0.0039 MYR
16 August 2023	1 RWF = 0.0040 MYR
17 August 2023	1 RWF = 0.0039 MYR
18 August 2023	1 RWF = 0.0040 MYR
19 August 2023	1 RWF = 0.0040 MYR
20 August 2023	1 RWF = 0.0040 MYR
21 August 2023	1 RWF = 0.0040 MYR
22 August 2023	1 RWF = 0.0040 MYR
23 August 2023	1 RWF = 0.0040 MYR
24 August 2023	1 RWF = 0.0040 MYR
25 August 2023	1 RWF = 0.0039 MYR
28 August 2023	1 RWF = 0.0040 MYR
29 August 2023	1 RWF = 0.0040 MYR
30 August 2023	1 RWF = 0.0039 MYR
31 August 2023	1 RWF = 0.0039 MYR

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

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.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

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.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

Historic Rwandan franc Malaysian ringgit