The Malaysian ringgit (plural: ringgit; currency code MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.
History
On June 12, 1967, the Malaysian dollar, issued by the new central bank, Bank Negara Malaysia, replaced the Malaya and British Borneo dollar at par. The new currency retained all denominations of its predecessor except the $10,000 denomination, and also brought over the color schemes of the old dollar. Over the course of the following decades, minor changes were made on the notes and coins issued, from the introduction of the M$1 coin in 1967, to the demonetization of M$500 and M$1000 notes during the 1990s.
The use of the dollar sign "$" (or "M$") was not replaced by "RM" (Ringgit Malaysia) until around 1993, though internationally "MYR" (MY being the country code for Malaysia) is more widely used.
Coins
5 sen : Obverse = bank title, value, year of minting
Reverse = Gasing
10 sen : Obverse = bank title, value, year of minting
Reverse = Congkak
20 sen : Obverse = bank title, value, year of minting
Reverse = Sirih and kapur container
50 sen : Obverse = bank title, value, year of minting
Reverse = Wau
RM1 : Obverse = bank title, "1 RINGGIT", year of minting
Reverse = Keris with a songket background
History
On June 12, 1967, the Malaysian dollar, issued by the new central bank, Bank Negara Malaysia, replaced the Malaya and British Borneo dollar at par. The new currency retained all denominations of its predecessor except the $10,000 denomination, and also brought over the color schemes of the old dollar. Over the course of the following decades, minor changes were made on the notes and coins issued, from the introduction of the M$1 coin in 1967, to the demonetization of M$500 and M$1000 notes during the 1990s.
The use of the dollar sign "$" (or "M$") was not replaced by "RM" (Ringgit Malaysia) until around 1993, though internationally "MYR" (MY being the country code for Malaysia) is more widely used.
Coins
5 sen : Obverse = bank title, value, year of minting
Reverse = Gasing
10 sen : Obverse = bank title, value, year of minting
Reverse = Congkak
20 sen : Obverse = bank title, value, year of minting
Reverse = Sirih and kapur container
50 sen : Obverse = bank title, value, year of minting
Reverse = Wau
RM1 : Obverse = bank title, "1 RINGGIT", year of minting
Reverse = Keris with a songket background
Banknotes
RM1 : Obverse = Tuanku Abdul Rahman
Reverse = Tourism, Mount Kinabalu, Mount Mulu and Wau Bulan kite
RM5 : Obverse = Tuanku Abdul Rahman
Reverse = Multimedia Super Corridor, KLIA and Petronas Twin Towers
RM10 : Obverse = Tuanku Abdul Rahman
Reverse = Transportation, Putra LRT train, Malaysia Airlines Boeing 777 aircraft and MISC ship
RM20 : Obverse = Tuanku Abdul Rahman
Reverse = Bank Negara Malaysia headquarters in Kuala Lumpur
RM50 : Obverse = Tuanku Abdul Rahman with the national flower, hibiscus)
Reverse = Malaysia's first Prime Minister, Tunku Abdul Rahman Putra Al-Haj, oil palm trees
RM100 : Obverse = Tuanku Abdul Rahman
Reverse = Heavy Industrial, Proton car production line and engine
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