Malasaya-currency

Malaysian ringgit:-Do you know what the currency and history of currency of Malasaya? The currency is runget and coin is called sen.The unit of currency is the Malaysian Ringgit indicated as (RM) which is equivalent to 100 sen. Coins are issued in denominations of 1 sen, 5 sen, 10 sen, 20 sen, 50 sen and RM1.00. Currency notes are in RM1, RM2, RM5, RM10, RM20, RM50, RM100, RM500 and RM1,000. The Ringgit is freely convertible. Foreign currency and travelers cheques can be converted to Malaysian Ringgit at banks or authorized money changers throughout the country. As of January 1997, the rate of exchange was approximately US $1.00 = RM $2.50.