Convert Malaysian Ringgit to Kyrgystani Som
Please provide values below to convert Malaysian Ringgit [MYR] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Kyrgystani Som
1 MYR = 0.0484711995344639 KGS
Example: convert 15 MYR to KGS:
15 MYR = 15 × 0.0484711995344639 KGS = 0.727067993016958 KGS
Malaysian Ringgit to Kyrgystani Som Conversion Table
Malaysian Ringgit | Kyrgystani Som |
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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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.