GK
CURRENCIES OF THE WORLD
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Malaysian rupee
|
|
|
Malaysian rupiah
|
|
|
Malaysian ringgit
|
|
|
Malaysian dollar
|
Detailed explanation-1: -The Malaysian Ringgit is the currency unit of the Malaysian currency with the code MYR. Ringgit have banknotes worth RM100, RM50, RM20, RM10, RM5, RM1 and 50 sen (cent) coins, as well as 20 sen, 10 sen, and 5 sen coins. The Name “Ringgit” derived from the Spanish silver money which was widely used in ancient times.
Detailed explanation-2: -The official currency of Malaysia is the Ringgit. The term Ringgit is derived from the Malay word for “jagged, ‘’ which refers to the serrated edges of Spanish dollars that were used in Malaysia during colonial times. The currency is officially issued by Bank Negara Malaysia (BNM), the central bank of the country.
Detailed explanation-3: -The Malaysian ringgit (/ˈrɪŋɡɪt/; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the currency of Malaysia.