Convert Malaysian Ringgit to Euro
Please provide values below to convert Malaysian Ringgit [MYR] to Euro [EUR], or Convert Euro to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Euro
1 MYR = 4.96235487275712 EUR
Example: convert 15 MYR to EUR:
15 MYR = 15 × 4.96235487275712 EUR = 74.4353230913569 EUR
Malaysian Ringgit to Euro Conversion Table
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.