Convert Liberian Dollar to Malaysian Ringgit
Please provide values below to convert Liberian Dollar [LRD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Liberian Dollar.
How to Convert Liberian Dollar to Malaysian Ringgit
1 LRD = 47.3800160703313 MYR
Example: convert 15 LRD to MYR:
15 LRD = 15 × 47.3800160703313 MYR = 710.70024105497 MYR
Liberian Dollar to Malaysian Ringgit Conversion Table
| Liberian Dollar | Malaysian Ringgit |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.