Historic Arab Emirates Dirham Malaysian ringgit

Arab Emirates Dirham malaysian ringgit history for February 2024. The highest quote for this month is 1.3071 (21/02/2024) and the lowest 1.3044 (21/02/2024). The difference between high and low is 0.21.

AED MYR average rate for February 2024 is 1.29693, the change between 01/02/2024 and 29/02/2024 is -0.84 %.

01 February 20241 AED = 1.287 MYR
02 February 20241 AED = 1.287 MYR
03 February 20241 AED = 1.284 MYR
04 February 20241 AED = 1.284 MYR
05 February 20241 AED = 1.284 MYR
06 February 20241 AED = 1.293 MYR
07 February 20241 AED = 1.297 MYR
08 February 20241 AED = 1.296 MYR
09 February 20241 AED = 1.298 MYR
12 February 20241 AED = 1.297 MYR
13 February 20241 AED = 1.297 MYR
14 February 20241 AED = 1.297 MYR
15 February 20241 AED = 1.303 MYR
16 February 20241 AED = 1.301 MYR
17 February 20241 AED = 1.301 MYR
18 February 20241 AED = 1.301 MYR
19 February 20241 AED = 1.301 MYR
20 February 20241 AED = 1.303 MYR
21 February 20241 AED = 1.306 MYR
22 February 20241 AED = 1.305 MYR
23 February 20241 AED = 1.300 MYR
24 February 20241 AED = 1.300 MYR
25 February 20241 AED = 1.300 MYR
26 February 20241 AED = 1.300 MYR
27 February 20241 AED = 1.300 MYR
28 February 20241 AED = 1.296 MYR
29 February 20241 AED = 1.298 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
AED MYR January 2024
AED MYR February 2024
AED MYR March 2024
AED MYR April 2024
AED MYR May 2024
AED MYR June 2024
AED MYR July 2024
AED MYR August 2024
AED MYR September 2024
AED MYR October 2024
AED MYR November 2024
AED MYR December 2024
AED MYR January 2025