Is MYR malaysia currency or whatever??
2006-10-21 00:40:04 · 4 answers · asked by Eugene 1 in Education & Reference ➔ Financial Aid
Yes it is the currency code for the Malaysian Ringgit.
Currently it converts to about 27 US cents.
2006-10-21 09:49:44 · answer #1 · answered by Bowl O' Knowledge 3 · 0⤊ 1⤋
Ringgit Malaysia = in the form of bills.
Sen = in the form of coins.
Locally, the popularly use abbreviation is RM.
Internationally, the official abbreviation is MYR.
The form of bills comes in value of 1MYR, 2MYR, 5MYR, 10MYR, 50MYR, and 100MYR. Not too long ago, the value of 500 and 1000 was phased out (no longer in use).
The form of coin comes in value of 1 sen, 5 sen, 10 sen, 20 sen, and 50 sen. Last year, the value of 1MYR coin was phased out (no longer in use).
For a history of Malaysia currency check out Malaysia Central Bank (Bank Negara Malaysia) and pay a visit to the Malaysia Mint Musuem. The official web site http://www.bnm.gov.my/
Current rate is 1USD = 3.68MYR. Is no longer pegged. It fluctuate even as we speak now.
2006-10-22 15:48:54 · answer #2 · answered by dranagar 5 · 0⤊ 0⤋
yep
2006-10-21 00:47:47 · answer #3 · answered by Victor 4 · 1⤊ 1⤋
Sure is.
2006-10-21 00:48:26 · answer #4 · answered by Anonymous · 1⤊ 1⤋