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The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen.The word ringgit means "jagged" in Malay and was originally used to refer to the serrated edges of silver Spanish dollars which circulated widely in the area during the Portuguese colonial era.
Two years after Singapore's independence from Malaysia in 1965, the monetary union between Malaysia, Singapore and Brunei broke down. Singapore issued its first independent coins and notes in 1967. Interchangeability with the Brunei dollar is still maintained.
1 MYR = 0.4144 SGD
Malaysian RinggitSingapore Dollar
