- published: 31 Jan 2015
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The Malaysian ringgit (plural: ringgit; symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.
The word ringgit is an obsolete term for "jagged" in Malay and was originally used to refer to the serrated edges of silver Spanish dollars which circulated widely in the area during the 16th and 17th century Portuguese colonial era. In modern usage ringgit is used almost solely for the currency. Due to the common heritage of the three modern currencies, the Singapore dollar and the Brunei dollar are also called ringgit in Malay (currencies such as the US and Australian dollars are translated as dolar), although nowadays the Singapore dollar is more commonly called dolar in Malay. To differentiate between the three currencies, the Malaysian currency is referred to as Ringgit Malaysia, hence the official abbreviation and currency symbol RM. Internationally, the ISO 4217 currency code for Malaysian ringgit is MYR.
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Wait, Captain America paid in Malaysian Ringgit!!?
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Some of the consequences of the dropping Malaysian Ringgit. Kuala Lumpur Aug. 2015
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Bank Negara Malaysia revealed the new series of Malaysian banknotes today, Wednesday 21 December 2011. The new series draws its inspiration from the distinctive features of Malaysia, incorporating elements of the country's natural treasures, culture and heritage. Themed 'Distinctively Malaysia', the banknotes features traditional expressions in the art and craft, natural wonders, flora and fauna and the economy. The banknotes issued are in the denominations of RM1, RM5, RM10, RM20 and RM100. Commemorative sets are on sale starting today, Thursday 22 December 2011.
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Sliding Of The Malaysian Ringgit Is Not As Bad As During The 1997/98 Asian Financial Crisis Minister in the Prime Minister's department , Datuk Seri Abdul Wahid Omar says the current weakening of the ringgit is not as bad as during the 1997/98 asian financial crisis due to the prevailing strong fundamentals
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The Malaysian ringgit (plural: ringgit; currency code MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
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