Convert United Arab Emirates Dirham to Malaysian Ringgit
Please provide values below to convert United Arab Emirates Dirham [AED] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Malaysian Ringgit
1 AED = 0.867916056151628 MYR
Example: convert 15 AED to MYR:
15 AED = 15 × 0.867916056151628 MYR = 13.0187408422744 MYR
United Arab Emirates Dirham to Malaysian Ringgit Conversion Table
| United Arab Emirates Dirham | Malaysian Ringgit |
|---|
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.