United States dollar malaysian ringgit exchange rate history (USD MYR) January 2023

United States dollar malaysian ringgit history for January 2023. The highest quote for this month is 4.4075 (04/01/2023) and the lowest 4.4025 (02/01/2023). The difference between high and low is 0.11.

USD MYR average rate for January 2023 is 4.33654, the change between 01/01/2023 and 31/01/2023 is +3.6 %.

01 January 2023	1 USD = 4.400 MYR
02 January 2023	1 USD = 4.403 MYR
03 January 2023	1 USD = 4.403 MYR
04 January 2023	1 USD = 4.404 MYR
05 January 2023	1 USD = 4.402 MYR
06 January 2023	1 USD = 4.385 MYR
07 January 2023	1 USD = 4.401 MYR
08 January 2023	1 USD = 4.401 MYR
09 January 2023	1 USD = 4.401 MYR
10 January 2023	1 USD = 4.373 MYR
11 January 2023	1 USD = 4.370 MYR
12 January 2023	1 USD = 4.369 MYR
13 January 2023	1 USD = 4.357 MYR
14 January 2023	1 USD = 4.334 MYR
16 January 2023	1 USD = 4.333 MYR
17 January 2023	1 USD = 4.314 MYR
18 January 2023	1 USD = 4.324 MYR
19 January 2023	1 USD = 4.311 MYR
20 January 2023	1 USD = 4.306 MYR
21 January 2023	1 USD = 4.283 MYR
23 January 2023	1 USD = 4.283 MYR
24 January 2023	1 USD = 4.282 MYR
26 January 2023	1 USD = 4.283 MYR
27 January 2023	1 USD = 4.243 MYR
29 January 2023	1 USD = 4.241 MYR
30 January 2023	1 USD = 4.242 MYR
31 January 2023	1 USD = 4.242 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.