Mexican Peso to Malaysian Ringgit — exchange rate

Country of Circulation: Mexico

Currency Code, Symbol: MXN, $

Denominations of coins in circulation: 50¢, $1, $2, $5, $10, $20

Denominations of banknotes in circulation: $20, $50, $100, $200, $500

History: The Mexican peso (symbol: $, code: MXN, number: 484 ) is the official currency of Mexico. Its notes and coins are not used in other countries. A widespread international name for the currency used on the exchange market and in exchange offices is MXN.Mexican peso can be subdivided into centavos. Every MXN has 100 centavos. The currency first appeared in 1993 and replaced the Mexican reals. Up until 1999 the currency had been called the new Mexican peso. As soon as this currency appeared, it became a catalyzer for a large-scale financial crisis. Real had gone through inflation before, but the consequences of the 1992 crisis become fatal for the old monetary unit.Read More

Country of Circulation: Malaysia

Currency Code, Symbol: MYR, RN

Denominations of coins in circulation: RM2, RM60, RM500, RM600, RM1000

Denominations of banknotes in circulation: RM1, RM5, RM10, RM20, RM50, RM100

History: 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.Read More