United States dollar malaysian ringgit history for February 2023. The highest quote for this month is 4.477 (27/02/2023) and the lowest 4.433 (25/02/2023). The difference between high and low is 0.98.
USD MYR average rate for February 2023 is 4.31946, the change between 01/02/2023 and 28/02/2023 is -3.98 %.
| 01 February 2023 | 1 USD = 4.263 MYR |
| 02 February 2023 | 1 USD = 4.264 MYR |
| 03 February 2023 | 1 USD = 4.243 MYR |
| 04 February 2023 | 1 USD = 4.256 MYR |
| 05 February 2023 | 1 USD = 4.256 MYR |
| 06 February 2023 | 1 USD = 4.256 MYR |
| 07 February 2023 | 1 USD = 4.263 MYR |
| 08 February 2023 | 1 USD = 4.301 MYR |
| 09 February 2023 | 1 USD = 4.298 MYR |
| 10 February 2023 | 1 USD = 4.312 MYR |
| 11 February 2023 | 1 USD = 4.332 MYR |
| 13 February 2023 | 1 USD = 4.330 MYR |
| 14 February 2023 | 1 USD = 4.360 MYR |
| 17 February 2023 | 1 USD = 4.402 MYR |
| 24 February 2023 | 1 USD = 4.432 MYR |
| 25 February 2023 | 1 USD = 4.433 MYR |
| 27 February 2023 | 1 USD = 4.433 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.