Convert Hong Kong Dollar to Malaysian Ringgit
Please provide values below to convert Hong Kong Dollar [HKD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Malaysian Ringgit
1 HKD = 1.85513068960628 MYR
Example: convert 15 HKD to MYR:
15 HKD = 15 × 1.85513068960628 MYR = 27.8269603440942 MYR
Hong Kong Dollar to Malaysian Ringgit Conversion Table
| Hong Kong Dollar | Malaysian Ringgit |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.