Malaysian ringgit
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AI overview
The Malaysian ringgit is the official money used in Malaysia for buying and selling goods and services. It matters because it's essential for conducting everyday transactions and trade in the country, and its value affects how much Malaysian money is worth compared to other currencies around the world.
AI-generated from the Wikipedia summary — may contain errors.
Article
The Malaysian ringgit ((/ˈrɪŋɡɪt/, Malaysian: [ˈriŋget]); 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).
Etymology