Brazilian Real to Malaysian Ringgit — exchange rate

The Brazilian real (R$) is the national currency of Brazil, issued by the Central bank of this South American country. The currency is also known as BRL. One Brazilian real can be changed for 100 centavos.

These coins are made out of stainless steel, and are decorated with traditional symbols. The Brazilian real replaced the short-term currency cruzeiro real in 1994. The government issued the new currency in spring, 2000. Banknotes were made out of polymer, because plastic is less susceptible to damage from humidity and high temperature. Today, polymer notes make 10% of total funds.

The Malaysian ringgit (RM) is the currency circulating in Malaysia. The currency is not used for payment in other countries. The currency has an international name.

It is abbreviated to MYR. Sen is used as change for the Malaysian ringgit. One MYR equals 100 sen. In 1967, the ringgit has become a unified official currency on the territory of the country. It has replaced another currency which was the Malaya and British Borneo dollar. Up until the 90s of the past century, the currency was defined with the sign of the American dollar. Afterwards, a new symbol – RM – has appeared in order to avoid confusion.