Convert Malaysian Ringgit to United Arab Emirates Dirham
Please provide values below to convert Malaysian Ringgit [MYR] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Malaysian Ringgit.
How to Convert Malaysian Ringgit to United Arab Emirates Dirham
1 MYR = 1.15218515997277 AED
Example: convert 15 MYR to AED:
15 MYR = 15 × 1.15218515997277 AED = 17.2827773995916 AED
Malaysian Ringgit to United Arab Emirates Dirham Conversion Table
| Malaysian Ringgit | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.