Tuesday, April 29, 2008

The value of Malaysian Ringgit

Compare the value of Ringgit 20 years ago and now with major currencies:

Foreign currency 15/11/1988--14/04/2008

US Dollar ---------2.69----------3.12

Sterling Pound----4.87----------6.13

Singapore Dollar---1.38---------2.29

100 Japanese Yen-2.18---------3.08

100 Thai Baht----10.75---------9.21

From the table , the Ringgit drops against all currencies except Thai Baht. The largest fall is the exchange rate against Singapore Dollar, a whopping 66%.

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