Convert Malaysian Ringgit to Uruguayan Peso
Please provide values below to convert Malaysian Ringgit [MYR] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Uruguayan Peso
1 MYR = 0.104997779150817 UYU
Example: convert 15 MYR to UYU:
15 MYR = 15 × 0.104997779150817 UYU = 1.57496668726225 UYU
Malaysian Ringgit to Uruguayan Peso Conversion Table
| Malaysian Ringgit | Uruguayan 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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.