Convert Malaysian Ringgit to Ghanaian Cedi
Please provide values below to convert Malaysian Ringgit [MYR] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Ghanaian Cedi
1 MYR = 0.388994098071301 GHS
Example: convert 15 MYR to GHS:
15 MYR = 15 × 0.388994098071301 GHS = 5.83491147106952 GHS
Malaysian Ringgit to Ghanaian Cedi Conversion Table
| Malaysian Ringgit | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.