Malaysian ringgit

Official currency of Malaysia / From Wikipedia, the free encyclopedia

Dear Wikiwand AI, let's keep it short, summarize this topic like I'm... Ten years old or a College student

The Malaysian ringgit (/ˈrɪŋɡɪt/; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (formerly cents). The ringgit is issued by the Central Bank of Malaysia.

Quick facts: Ringgit Malaysia (Malay) ريڠݢيت مليسيا ...
Malaysian ringgit
Ringgit Malaysia (Malay)
ريڠݢيت مليسيا (Jawi)
Malaysian ringgit third-series coinage and fourth-series banknote designs, announced in 2012 by Central Bank of Malaysia
ISO 4217
CodeMYR (numeric: 458)
Subunit0.01
Unit
PluralThe language(s) of this currency do(es) not have a morphological plural distinction.
SymbolRM
Denominations
Subunit
1100sen
Banknotes
Freq. usedRM1, RM5, RM10, RM20, RM50, RM100
Rarely usedRM2 (discontinued, still legal tender); RM60, RM600 (commemorative)
Coins
Freq. used5, 10, 20, 50 sen
Rarely used1 sen, RM1 (discontinued, still legal tender)
Demographics
Official user(s) Malaysia
Unofficial user(s) Philippines
[1][2]
 Thailand
[3][4]
 Vietnam
[5]
Issuance
Central bankCentral Bank of Malaysia
Websitewww.bnm.gov.my
MintRoyal Mint of Malaysia
Valuation
Inflation2.1% (2016)[6]
SourceDepartment of Statistics, Malaysia
Close