Convert Malaysian Ringgit to Algerian Dinar
Please provide values below to convert Malaysian Ringgit [MYR] to Algerian Dinar [DZD], or Convert Algerian Dinar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Algerian Dinar
1 MYR = 0.0325490054299624 DZD
Example: convert 15 MYR to DZD:
15 MYR = 15 × 0.0325490054299624 DZD = 0.488235081449436 DZD
Malaysian Ringgit to Algerian Dinar Conversion Table
Malaysian Ringgit | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.