The Malaysian ringgit
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).
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.
Central Bank of Malaysia (Bank Negara Malaysia)
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No, we do not charge any commissions for any exchange transaction, we only charge a trading margin, which will be smaller the higher the amount is, or if you decide to order your currency online instead of exchanging it at our branches.
We also offer the same price regardless of whether the banknote is high or low denomination.
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