Convert Malaysian Ringgit to Australian Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Australian Dollar [AUD], or Convert Australian Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Australian Dollar
1 MYR = 2.76706774784201 AUD
Example: convert 15 MYR to AUD:
15 MYR = 15 × 2.76706774784201 AUD = 41.5060162176301 AUD
Malaysian Ringgit to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.