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Malaysian ringgit · MYR

RM symbol · 1 country currently using this currency.

Currency info

Adopted: 1967

Currency family: Dollar

The ringgit's name comes from the Malay word 'rengget,' meaning 'jagged' or 'serrated,' referring to the edges of old Spanish silver coins that circulated in the region.

  • Introduced on June 12, 1967, replacing the Malaysian dollar at par value
  • Derived from the Malayan dollar used during British colonial rule
  • Pegged to the British pound until 1973, then allowed to float
  • Subdivided into 100 sen, with coins and banknotes featuring Malaysian national symbols
  • One of Southeast Asia's most stable currencies

Countries currently using this currency

Flag of Malaysia
Malaysia

Related

Other Dollar currencies

Australian dollar (AUD)Bahamian dollar (BSD)Barbadian dollar (BBD)Belize Dollar (BZD)Brunei Dollar (BND)Canadian Dollar (CAD)East Caribbean dollar (XCD)Fijian Dollar (FJD)Guyanese dollar (GYD)Jamaican dollar (JMD)Liberian dollar (LRD)Namibian Dollar (NAD)

Historical predecessor

Malaysian dollar