Convert Brazilian Real to Malaysian Ringgit
Please provide values below to convert Brazilian Real [BRL] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Brazilian Real.
How to Convert Brazilian Real to Malaysian Ringgit
1 BRL = 1.31564021364088 MYR
Example: convert 15 BRL to MYR:
15 BRL = 15 × 1.31564021364088 MYR = 19.7346032046131 MYR
Brazilian Real to Malaysian Ringgit Conversion Table
| Brazilian Real | Malaysian Ringgit |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.