Historic United States dollar Malaysian ringgit

United States dollar malaysian ringgit history for September 2023. The highest quote for this month is 4.706 (30/09/2023) and the lowest 4.688 (27/09/2023). The difference between high and low is 0.38.

USD MYR average rate for September 2023 is 4.67608, the change between 01/09/2023 and 30/09/2023 is -1.21 %.

01 September 20231 USD = 4.638 MYR
05 September 20231 USD = 4.653 MYR
06 September 20231 USD = 4.643 MYR
11 September 20231 USD = 4.674 MYR
18 September 20231 USD = 4.682 MYR
23 September 20231 USD = 4.685 MYR
24 September 20231 USD = 4.685 MYR
25 September 20231 USD = 4.685 MYR
26 September 20231 USD = 4.683 MYR
27 September 20231 USD = 4.688 MYR
29 September 20231 USD = 4.706 MYR
30 September 20231 USD = 4.694 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.