Convert Malaysian Ringgit to Salvadoran Colón
Please provide values below to convert Malaysian Ringgit [MYR] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Salvadoran Colón
1 MYR = 0.484177608072907 SVC
Example: convert 15 MYR to SVC:
15 MYR = 15 × 0.484177608072907 SVC = 7.26266412109361 SVC
Malaysian Ringgit to Salvadoran Colón Conversion Table
| Malaysian Ringgit | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.