Somali shilling malaysian ringgit history for January 2024. The highest quote for this month is 0.008341 (23/01/2024) and the lowest 0.008321 (25/01/2024). The difference between high and low is 0.24.
SOS MYR average rate for January 2024 is 0.00822, the change between 01/01/2024 and 31/01/2024 is -2.91 %.
| 01 January 2024 | 1 SOS = 0.0081 MYR |
| 02 January 2024 | 1 SOS = 0.0081 MYR |
| 03 January 2024 | 1 SOS = 0.0081 MYR |
| 04 January 2024 | 1 SOS = 0.0081 MYR |
| 05 January 2024 | 1 SOS = 0.0082 MYR |
| 08 January 2024 | 1 SOS = 0.0082 MYR |
| 09 January 2024 | 1 SOS = 0.0082 MYR |
| 10 January 2024 | 1 SOS = 0.0082 MYR |
| 11 January 2024 | 1 SOS = 0.0082 MYR |
| 12 January 2024 | 1 SOS = 0.0082 MYR |
| 15 January 2024 | 1 SOS = 0.0082 MYR |
| 16 January 2024 | 1 SOS = 0.0082 MYR |
| 17 January 2024 | 1 SOS = 0.0082 MYR |
| 18 January 2024 | 1 SOS = 0.0083 MYR |
| 19 January 2024 | 1 SOS = 0.0083 MYR |
| 22 January 2024 | 1 SOS = 0.0083 MYR |
| 23 January 2024 | 1 SOS = 0.0083 MYR |
| 24 January 2024 | 1 SOS = 0.0083 MYR |
| 25 January 2024 | 1 SOS = 0.0083 MYR |
| 26 January 2024 | 1 SOS = 0.0083 MYR |
| 29 January 2024 | 1 SOS = 0.0083 MYR |
| 30 January 2024 | 1 SOS = 0.0083 MYR |
| 31 January 2024 | 1 SOS = 0.0083 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.
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.