Convert Malaysian Ringgit to Iraqi Dinar
Please provide values below to convert Malaysian Ringgit [MYR] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Iraqi Dinar
1 MYR = 0.00323093314975284 IQD
Example: convert 15 MYR to IQD:
15 MYR = 15 × 0.00323093314975284 IQD = 0.0484639972462926 IQD
Malaysian Ringgit to Iraqi Dinar Conversion Table
| Malaysian Ringgit | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.