Convert Malaysian Ringgit to Colombian Peso
Please provide values below to convert Malaysian Ringgit [MYR] to Colombian Peso [COP], or Convert Colombian Peso to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Colombian Peso
1 MYR = 0.00104960410026748 COP
Example: convert 15 MYR to COP:
15 MYR = 15 × 0.00104960410026748 COP = 0.0157440615040122 COP
Malaysian Ringgit to Colombian Peso Conversion Table
| Malaysian Ringgit | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.