Convert Malaysian Ringgit to Rwandan Franc
Please provide values below to convert Malaysian Ringgit [MYR] to Rwandan Franc [RWF], or Convert Rwandan Franc to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Rwandan Franc
1 MYR = 0.00292350590221531 RWF
Example: convert 15 MYR to RWF:
15 MYR = 15 × 0.00292350590221531 RWF = 0.0438525885332297 RWF
Malaysian Ringgit to Rwandan Franc Conversion Table
| Malaysian Ringgit | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.