Convert Malaysian Ringgit to Swiss Franc
Please provide values below to convert Malaysian Ringgit [MYR] to Swiss Franc [CHF], or Convert Swiss Franc to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Swiss Franc
1 MYR = 5.32318530632784 CHF
Example: convert 15 MYR to CHF:
15 MYR = 15 × 5.32318530632784 CHF = 79.8477795949176 CHF
Malaysian Ringgit to Swiss Franc Conversion Table
| Malaysian Ringgit | Swiss Franc |
|---|
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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.