United States dollar malaysian ringgit history for April 2023. The highest quote for this month is 4.461 (28/04/2023) and the lowest 4.455 (28/04/2023). The difference between high and low is 0.13.
USD MYR average rate for April 2023 is 4.42095, the change between 01/04/2023 and 30/04/2023 is -0.97 %.
04 April 2023 | 1 USD = 4.417 MYR |
09 April 2023 | 1 USD = 4.401 MYR |
13 April 2023 | 1 USD = 4.410 MYR |
15 April 2023 | 1 USD = 4.400 MYR |
17 April 2023 | 1 USD = 4.400 MYR |
18 April 2023 | 1 USD = 4.420 MYR |
19 April 2023 | 1 USD = 4.432 MYR |
21 April 2023 | 1 USD = 4.436 MYR |
24 April 2023 | 1 USD = 4.435 MYR |
28 April 2023 | 1 USD = 4.460 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.