MYR - Malaysian Ringgit currency

Malaysia flag Malaysia

The Malaysian Ringgit (MYR), introduced in 1967, is the official currency of Malaysia. The term "Ringgit," meaning "jagged" in Malay, refers to the serrated edges of Spanish silver dollars historically circulated in the region. Issued by Bank Negara Malaysia, the Ringgit is an essential part of Malaysia's rapidly growing economy. As a stable currency in Southeast Asia, it is widely used in domestic and international trade, particularly within the ASEAN region.

MYR - Malaysian Ringgit profile

Symbol RM
ISO 4217 Code MYR
Central Bank Bank Negara Malaysia
Nicknames Ringgit
Countries using this currency Malaysia

MYR - Malaysian Ringgit
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.

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