Convert Malaysian Ringgit to Liberian Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Liberian Dollar [LRD], or Convert Liberian Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Liberian Dollar
1 MYR = 0.021105944719723 LRD
Example: convert 15 MYR to LRD:
15 MYR = 15 × 0.021105944719723 LRD = 0.316589170795845 LRD
Malaysian Ringgit to Liberian Dollar Conversion Table
| Malaysian Ringgit | Liberian 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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.