Multiple choice general knowledge science & technology

What is the national currency of Malaysia?

  1. Ringgit

  2. Dollar

  3. Riyals

  4. Rupees
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A Correct answer
Explanation

The Malaysian Ringgit (abbreviated as RM or MYR) is the official currency of Malaysia. It is divided into 100 sen and has been Malaysia's currency since 1967, replacing the Malaya and British Borneo dollar. The Ringgit is managed by Bank Negara Malaysia and the name means 'jagged' in Malay, referring to the serrated edges of earlier Spanish silver coins that circulated in the region.

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