Convert Malaysian Ringgit to Bahamian Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Bahamian Dollar
1 MYR = 4.2314 BSD
Example: convert 15 MYR to BSD:
15 MYR = 15 × 4.2314 BSD = 63.471 BSD
Malaysian Ringgit to Bahamian Dollar Conversion Table
| Malaysian Ringgit | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.