Historic United States dollar Malaysian ringgit

United States dollar malaysian ringgit history for December 2023. The highest quote for this month is 4.705 (13/12/2023) and the lowest 4.6805 (13/12/2023). The difference between high and low is 0.52.

USD MYR average rate for December 2023 is 4.66048, the change between 01/12/2023 and 31/12/2023 is +1.12 %.

01 December 20231 USD = 4.657 MYR
02 December 20231 USD = 4.671 MYR
03 December 20231 USD = 4.671 MYR
04 December 20231 USD = 4.671 MYR
05 December 20231 USD = 4.670 MYR
06 December 20231 USD = 4.662 MYR
07 December 20231 USD = 4.667 MYR
08 December 20231 USD = 4.672 MYR
09 December 20231 USD = 4.663 MYR
10 December 20231 USD = 4.662 MYR
11 December 20231 USD = 4.663 MYR
12 December 20231 USD = 4.680 MYR
13 December 20231 USD = 4.682 MYR
14 December 20231 USD = 4.698 MYR
15 December 20231 USD = 4.670 MYR
16 December 20231 USD = 4.668 MYR
17 December 20231 USD = 4.668 MYR
18 December 20231 USD = 4.670 MYR
19 December 20231 USD = 4.692 MYR
20 December 20231 USD = 4.682 MYR
21 December 20231 USD = 4.656 MYR
22 December 20231 USD = 4.653 MYR
23 December 20231 USD = 4.629 MYR
24 December 20231 USD = 4.629 MYR
25 December 20231 USD = 4.653 MYR
26 December 20231 USD = 4.630 MYR
27 December 20231 USD = 4.636 MYR
28 December 20231 USD = 4.627 MYR
29 December 20231 USD = 4.605 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.