Convert Euro to Malaysian Ringgit
Please provide values below to convert Euro [EUR] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Euro.
How to Convert Euro to Malaysian Ringgit
1 EUR = 0.201517228340502 MYR
Example: convert 15 EUR to MYR:
15 EUR = 15 × 0.201517228340502 MYR = 3.02275842510753 MYR
Euro to Malaysian Ringgit Conversion Table
Euro | Malaysian Ringgit |
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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.
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.