Convert Malaysian Ringgit to Indian Rupee
Please provide values below to convert Malaysian Ringgit [MYR] to Indian Rupee [INR], or Convert Indian Rupee to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Indian Rupee
1 MYR = 0.0489817368988266 INR
Example: convert 15 MYR to INR:
15 MYR = 15 × 0.0489817368988266 INR = 0.734726053482399 INR
Malaysian Ringgit to Indian Rupee Conversion Table
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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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.