Convert Japanese Yen to Malaysian Ringgit
Please provide values below to convert Japanese Yen [JPY] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Japanese Yen.
How to Convert Japanese Yen to Malaysian Ringgit
1 JPY = 34.7003828520112 MYR
Example: convert 15 JPY to MYR:
15 JPY = 15 × 34.7003828520112 MYR = 520.505742780167 MYR
Japanese Yen to Malaysian Ringgit Conversion Table
| Japanese Yen | Malaysian Ringgit |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.