This is the average Malaysia Ringgit foreign exchange rate since year 1998 from Malaysia Income Revenue Board (IRB).


The average US dollar to Malaysia Ringgit (RM) exchange rate since year 1998 from the above chart information is as below,

1998 - 2.9122
1999 - 3.9177
2000/py - 3.8000
2000/cy - 3.8000
2001 - 3.8000
2002 - 3.8000
2003 - 3.8000
2004 - 3.8000
2005 - 3.8034
2006 - 3.7043
2007 - 3.4721
2008  -3.3657
2009 - 3.5590

At this moment, the Ringgit Malaysia has strengthen to around 1 US dollar to RM 3.20. Is the strengthened of the Ringgit Malaysia one of the factor that contribute to the current high Bursa Malaysia Composite Index (CI)?

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