Convert Salvadoran Colón to Malaysian Ringgit
Please provide values below to convert Salvadoran Colón [SVC] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Salvadoran Colón.
How to Convert Salvadoran Colón to Malaysian Ringgit
1 SVC = 2.06535780120055 MYR
Example: convert 15 SVC to MYR:
15 SVC = 15 × 2.06535780120055 MYR = 30.9803670180082 MYR
Salvadoran Colón to Malaysian Ringgit Conversion Table
| Salvadoran Colón | Malaysian Ringgit |
|---|
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.