Convert Malaysian Ringgit to Falkland Islands Pound
Please provide values below to convert Malaysian Ringgit [MYR] to Falkland Islands Pound [FKP], or Convert Falkland Islands Pound to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Falkland Islands Pound
1 MYR = 5.71579089558287 FKP
Example: convert 15 MYR to FKP:
15 MYR = 15 × 5.71579089558287 FKP = 85.7368634337431 FKP
Malaysian Ringgit to Falkland Islands Pound Conversion Table
Malaysian Ringgit | Falkland Islands Pound |
---|
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.
Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.