Convert Malaysian Ringgit to Hong Kong Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Hong Kong Dollar
1 MYR = 0.539045580779128 HKD
Example: convert 15 MYR to HKD:
15 MYR = 15 × 0.539045580779128 HKD = 8.08568371168692 HKD
Malaysian Ringgit to Hong Kong Dollar Conversion Table
| Malaysian Ringgit | Hong Kong Dollar |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.