Convert Malaysian Ringgit to Azerbaijani Manat
Please provide values below to convert Malaysian Ringgit [MYR] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Azerbaijani Manat
1 MYR = 2.48832696265804 AZN
Example: convert 15 MYR to AZN:
15 MYR = 15 × 2.48832696265804 AZN = 37.3249044398706 AZN
Malaysian Ringgit to Azerbaijani Manat Conversion Table
| Malaysian Ringgit | Azerbaijani Manat |
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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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.