New Zealand Dollar to Malaysian Ringgit — exchange rate

Country of Circulation: New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

Currency Code, Symbol: NZD, NZ$

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

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The New Zealand dollar ($) is the national currency of New Zealand, a state in Polynesia. The currency is neither accepted nor issued outside the country. NZD is a simplified term for the global currency exchange.The New Zealand dollar is subdivided into cents. Every NZD has 100 cents. The currency has been introduced in 1967. Its predecessor was the New Zealand pound. Initially, banknotes were made out of paper. The modern notes are made out of a polymer plastic. It is more durable and humidity-resistant in New Zealand’s climate.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