Japanese Yen to Malaysian Ringgit — exchange rate

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the sole official currency in Japan. The currency unit is part of the main world reserve currencies. JPY is an international name used on exchange markets and in currency exchange offices.

Sens are used as change for the Japanese yen. Every JPY has 100 sens. The ¥ currency unit has been issued in 1871. Yen replaced a metallic monetary system of Tokugawa. Every year, the Japanese Mint prints series of commemorative coins dedicated to 47 prefectures. The front is decorated in the same way for all of them, and the back side has sightseeing locations and important natural monuments.

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.