Malaysian ringgit

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Malaysian ringgit Ringgit Malaysia (Rumi) ريڠڬيت مليسيا (Jawi Malay)
50 ringgit
ISO 4217 Code	MYR
User(s)	Malaysia
Inflation	2.1%[1]
Source	The World Factbook, 2007 est.
Subunit
1/100	sen
Symbol	RM
Coins	5, 10, 20, 50 sen
Banknotes	RM1, RM5, RM10, RM50, RM100
Central bank	Bank Negara Malaysia
Website	www.bnm.gov.my
Mint	Royal Mint of Malaysia
Website	royalmintmalaysia.com or www.royalmint.com.my

The ringgit (formerly, and now unofficially, known as the Malaysian dollar), is the currency of Malaysia. It is divided into 100 sen (cents) and its currency code is MYR (Malaysian Ringgit). The ringgit is issued by the Bank Negara Malaysia.

Kijang Emas

Three denominations of gold bullion coins, the "Kijang Emas" (the kijang, a species of deer, being part of Bank Negara Malaysia's logo) are also issued, at the face value of RM 50, RM 100 and RM 200. It was launched on July 17, 2001 by Bank Negara Malaysia and was minted by the Royal Mint of Malaysia. The purchase and reselling price of Kijang Emas is determined by the prevailing international gold market price.

[edit] Banknotes

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Bank Negara Malaysia first issued Malaysian dollar banknotes in June 1967 in $1, $5, $10, $50 and $100 denominations. The $1000 denomination was first issued in 1968. Malaysian banknotes have always carried the image of Tuanku Abdul Rahman, the first Yang di-Pertuan Agong of Malaysia.

ATMs normally dispense RM50 notes, or more rarely, RM10 notes in combination with RM50 notes.

Malaysian banknotes have long followed a colour code originating from colonial times. In the lower denominations this pattern is followed by Singapore and Brunei, and when Bank Negara first introduced the RM2 note it copied the lilac of the Singapore $2 note.

• RM1 - blue
• RM2 - lilac (no longer in circulation)
• RM5 - green
• RM10 - red
• RM20 - brown/white (no longer in circulation)
• RM50 - blue/grey
• RM100 - violet
• RM500 - orange (no longer in circulation)
• RM1000 - blue/green (no longer in circulation)