Malaysian ringgit exchange rate
WE SELL RATE HISTORY OF MALAYSIAN RINGGIT
WE BUY RATE HISTORY OF MALAYSIAN RINGGIT
MALAYSIAN RINGGIT INFO
The Malaysian Ringgit is the official currency of Malaysia. .
Notes: 1, 5, 10, 20, 50, 100
Coins: 1, 5, 10, 20, 50 sen
Subunit: sen
Code: MYR
Symbol: RM
Main Exchanges
If you are going to visit Kuala Lumpur or other malaysian city you will need to exchange your Euros to Malaysian Ringgit. In Eurochange you can buy your Ringgit at the best price and with total availability. Buy them now online or find the nearest exchange office with the service to buy currencies.
About Malysian Ringgit
The Ringgit is the official currency of Malaysia. Its ISO code 4217 is MYR and is represented by RM. Each Ringgit is divided into 100 sen.
History of the currency od Malaysia
The Malaysian Ringgit, formerly Malaysian Dollar (M$), was introduced in 1967 to substitute to Malaysian and British Borneo Dollar. In 1993 RM is officially established to substitute the old M$.
Until 1967 the official currency of Malaysia was the Malaysian and British Borneo Dollar. From this year the official currency became the Malaysian Dollar (M$), which replaced the previous currency at par. At that time Malaysia, Singapore and Borneo had an economic agreement that made their currency have the same value that lasted until 1973, when Malaysia abandoned the agreement.
In 1993, the RM symbol was officially established to replace the previous M$. The Central Bank of Malaysia (Bank Negara Malaysia) is responsible for the production of banknotes and coins.
Malaysian Ringgit notes and coins
Malaysian Ringgit notes are 1, 5, 10, 20, 50 and 100 Ringgit. The series currently in circulation is the fourth series and began to be issued in 2009.
BANKNOTES OF MALAYSIAN RINGGIT IN CIRCULATION
Tuanku Abdul Raman, Prime Minister of Malaysia, and the hibiscus flower, national flower, appear on the obverse of the banknotes. In the background there are patterns of a traditional Malaysian fabric, the songket.
A wau bulan (a kind of traditional kite from the country) appears on the back of the 1 Ringgit note. In those of 5, two specimens of rhinoceros hornbill (a bird species) appear in a jungle landscape. In the 10’s there is a rafflesia, a flower typical of the jungles of the country. On the 20 note appear a hawksbill turtle and a leatherback turtle (both in danger of extinction). These turtles have on the beaches of Malaysia one of their main spawning grounds. In the 50's appears the Prime Minister Tuanku Abdul Raman and several palm oil trees. On the 100 Ringgit note appears an image of Mount Kinabalu and Mount Api.
There is also a 50 commemorative Yellow Ringgit ticket made in polymer where you can see the skyline of Kuala Lumpur with the Petronas Towers (one of its most representative buildings) on the front along with the image of the Prime Minister and, on the reverse, the Bukit Jalil Sports Stadium.
Malaysian Ringgit coins are 5, 10, 20 and 50 sen. On the head of all coins appears the denomination together with a hibiscus flower. On the tail of the coins appear floral and ornamental motifs such as the destar siga (a fabric with geometric drawings and floral decorations) in the coin of 5 sen, a representation of a typical floral ornament of the Mah Meri tribe in the 10 one, flowers of jasmine in the coin of 20 and a tendril of peas in the coin of 50 sen.
How many Ringgit should I take to Malaysia?
If you have doubts about how many Ringgit to take on your trip to Malaysia, we can help you. Our customers usually exchange about 380 Euros into Malaysian Ringgits. In order to roughly calculate the money you need for your trip, you should take into account the expenses you will have there, for example, if you have to pay for hotels, rental cars, excursions or tickets, or if you will only have day-to-day expenses such as food, public transport or general shopping.
Look for the closest office with this currency