Malaysian ringgit

Malaysian ringgit
Ringgit Malaysia (Malay)
ريڠݢيت مليسيا(Jawi)
Currently issued Malaysian ringgit notes and coins, in use since 2012
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
Nickname
 senkupang (110 subunit, notably in Kedah and northern Peninsular Malaysia)
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 (discontinued, still legal tender)
Demographics
Date of introduction12 June 1967
ReplacedMalaya and British Borneo dollar
Official user(s) Malaysia
Unofficial user(s)
Issuance
Central bankCentral Bank of Malaysia
 Websitewww.bnm.gov.my
MintRoyal Mint of Malaysia
Valuation
Inflation3.38% (2022)
 SourceDepartment of Statistics, Malaysia

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

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  3. ^ "Alasan warga perbatasan pilih gunakan Ringgit daripada rupiah" [The reason border community choose to use Ringgit than rupiah]. Merdeka.com (in Indonesian). 7 June 2013. Retrieved 30 November 2023.
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  9. ^ "28% of Malaysia's China trade to be in ringgit, to reduce dependency on US$, says Anwar". The Star. 11 October 2023. Retrieved 30 November 2023 – via Asia News Network.

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