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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.
In 2003, Turkey passed a law that allowed for the removal of six zeroes from the currency, and the creation of the new lira. It was introduced in 2005, replacing the previous lira. The word 'new' will be removed on January 1, 2009.
1 MYR = 0.5816 TRY
Malaysian RinggitTurkish New Lira
