United States dollar malaysian ringgit history for October 2023. The highest quote for this month is 4.7905 (23/10/2023) and the lowest 4.777 (26/10/2023). The difference between high and low is 0.28.
USD MYR average rate for October 2023 is 4.74535, the change between 01/10/2023 and 31/10/2023 is -1.42 %.
| 01 October 2023 | 1 USD = 4.694 MYR |
| 03 October 2023 | 1 USD = 4.715 MYR |
| 04 October 2023 | 1 USD = 4.722 MYR |
| 06 October 2023 | 1 USD = 4.725 MYR |
| 07 October 2023 | 1 USD = 4.710 MYR |
| 09 October 2023 | 1 USD = 4.711 MYR |
| 10 October 2023 | 1 USD = 4.730 MYR |
| 11 October 2023 | 1 USD = 4.724 MYR |
| 13 October 2023 | 1 USD = 4.710 MYR |
| 16 October 2023 | 1 USD = 4.726 MYR |
| 17 October 2023 | 1 USD = 4.734 MYR |
| 18 October 2023 | 1 USD = 4.734 MYR |
| 19 October 2023 | 1 USD = 4.742 MYR |
| 20 October 2023 | 1 USD = 4.763 MYR |
| 21 October 2023 | 1 USD = 4.765 MYR |
| 22 October 2023 | 1 USD = 4.765 MYR |
| 23 October 2023 | 1 USD = 4.765 MYR |
| 24 October 2023 | 1 USD = 4.765 MYR |
| 25 October 2023 | 1 USD = 4.788 MYR |
| 26 October 2023 | 1 USD = 4.777 MYR |
| 27 October 2023 | 1 USD = 4.784 MYR |
| 28 October 2023 | 1 USD = 4.776 MYR |
| 29 October 2023 | 1 USD = 4.776 MYR |
| 30 October 2023 | 1 USD = 4.776 MYR |
| 31 October 2023 | 1 USD = 4.760 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.