The Malaysian Ringgit (also known as Malaysian dollar) is the official currency of the Malaysian Federation since June 1967. The Ringgit has the ISO 4217 MYR code and is represented by the RM symbol.
The Malaysian Ringgit is divided into 100 sen. These two names (Ringgit and Sen) were officially adopted in August 1975.
Today, Ringgit coins and bills are issued by the Central Bank of Malaysia (Bank Negara Malaysia).
Banknotes and coins of the Malaysian ringgit in use
Sens coins that you can find in circulation are 5, 10, 20 and 50 sen.
On the other hand, Ringgit bank notes that you can find in circulation have the following denominations: 1, 5, 10, 20, 50 and 100 Ringgit.
Did you know?
- The word "ringgit" means jagged in Malay and refers to the serrated edges of the Castilian reales that circulated in the area during the sixteenth and seventeenth centuries.
- The Ringgit shares the denomination with the Singapore dollar and the Brunei dollar, which are also known in Malay as ringgit.
- Malaysia, Singapore and Brunei, maintained an Agreement on interchangeability until May 8, 1973, when Malaysia left the economic space.
Online money orders: best price guarantee
Order online and collect your currency at the branch of your choice.
Your best price
Why change currency with us
 Global Exchange | ||
|---|---|---|
| Variety of currencies | We have 40 currencies. We are specialists. | |
| Availability of currencies | Immediate availability of currencies in our branches. Click and collect or walk in to our stores. | |
| Expenses | Only the exchange rate, without commissions, and if you book online you guarantee the best price. | |
| Different denominations available | At Global Exchange, you’ll get a variety of banknotes with different values, adapted to all your payment needs. | |
| Delivery options | Order online to benefit from a price reduction and collect at the branch of your choice. |