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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.
The rand was introduced in 1961 and takes its name from the Witwatersrand, the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The Rand circulates freely in Namibia, Swaziland and Lesotho.
1 MYR = 2.6532 ZAR
Malaysian RinggitSouth African Rand
