Historic Tanzanian Shilling Malaysian ringgit

Tanzanian Shilling malaysian ringgit history for August 2023. The highest quote for this month is 0.001859 (19/08/2023) and the lowest 0.001892 (21/08/2023). The difference between high and low is -1.78.

TZS MYR average rate for August 2023 is 0.00185, the change between 01/08/2023 and 31/08/2023 is -0.38 %.

01 August 20231 TZS = 0.0018 MYR
02 August 20231 TZS = 0.0018 MYR
03 August 20231 TZS = 0.0019 MYR
04 August 20231 TZS = 0.0018 MYR
07 August 20231 TZS = 0.0018 MYR
08 August 20231 TZS = 0.0018 MYR
09 August 20231 TZS = 0.0019 MYR
10 August 20231 TZS = 0.0018 MYR
11 August 20231 TZS = 0.0018 MYR
12 August 20231 TZS = 0.0018 MYR
14 August 20231 TZS = 0.0018 MYR
15 August 20231 TZS = 0.0018 MYR
16 August 20231 TZS = 0.0018 MYR
17 August 20231 TZS = 0.0019 MYR
18 August 20231 TZS = 0.0019 MYR
19 August 20231 TZS = 0.0019 MYR
20 August 20231 TZS = 0.0019 MYR
21 August 20231 TZS = 0.0019 MYR
22 August 20231 TZS = 0.0019 MYR
23 August 20231 TZS = 0.0019 MYR
24 August 20231 TZS = 0.0019 MYR
25 August 20231 TZS = 0.0019 MYR
28 August 20231 TZS = 0.0019 MYR
29 August 20231 TZS = 0.0019 MYR
30 August 20231 TZS = 0.0019 MYR
31 August 20231 TZS = 0.0019 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.