The Malaysian Ringgit is the official currency of Malaysia. The ISO currency code is MYR and identified by the symbol RM. The Ringgit is subdivided into 100 sen (cents). It is issued by the Bank Negara Malaysia.

Exchange rates are published daily. These rates are provided for indicative purposes only.

The foreign exchange reference rates are published by the European Central Bank.

Currency of Malaysia

Currency Name: Malaysian ringgit
Local Name: Ringgit Malaysia (Malay)
Users: Malaysia
Currency Symbol/Sign: RM or ($)
ISO code: MYR
Central bank: Bank Negara Malaysia (BNP)
Sub-Unit: 1 Ringgit = 100 sen
Banknotes: 1, 5, 10, 20, 50, 100 RM.
Coins: 5, 10, 20, 50 sen
Currency Peg:No
Black Market for Currency: Yes
Currency Volatility: unknown

Central Bank Rate

The current central bank interest rate is 3.00%.

Currency Calculator


Exchange rates today: Tuesday 19th of March 2024

Country Malaysian Ringgit Euro
Malaysian Ringgit (MYR) 1 MYR = 0.1946 €
5.1394 MYR = 1 €
20 MYR = 3.8915 €
50 MYR = 9.7288 €
100 MYR = 19.4575 €
500 MYR   = 97.2876 €
1000 MYR = 194.5752 €

The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.