10 MYR Bills. The Malaysian ringgit ( plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; Chinese name: 令吉; formerly the Malaysian dollar), is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is ...
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The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen. The ringgit is issued by the Central Bank of Malaysia.
About The Currency
The Malaysian Ringgit is the currency unit of the Malaysian currency with the code MYR. Ringgit have banknotes worth RM100, RM50, RM20, RM10, RM5, RM1 and 50 sen (cent) coins, as well as 20 sen, 10 sen, and 5 sen coins. The Name “Ringgit” derived from the Spanish silver money which was widely used in ancient times.
What type of currency does Malaysia use?
The Malaysian ringgit
The Malaysian ringgit is sometimes referred to as the Malaysian dollar. Its abbreviation is RM and its currency code is MYR. The currency’s exchange rate is free-floating but is not traded offshore. The currency circulates widely in denominations of one, five, 10, 20, 50, and 100.