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  The Malaysian currency was originally called Malaysian Dollar but was later changed to Malaysian Ringgit (RM) to avoid confusion with US Dollar, Australian Dollar, Canadian Dollar, New Zealand Dollar, New Taiwan Dollar, Singapore Dollar, Hongkong Dollar and Brunei Dollar.
But some of the older generation are still calling it dollar, so do be more specific in such situations by asking,"US or Malaysian?" to avoid embrassment.
Please note that the abbreviation for Malaysian Ringgit is RM and not MR, this is because in Malays it is called Ringgit Malaysia.
The current exchange rate is USD1.00 =RM3.1880.
Below is the list of currency rates.
Please use this only as a guide, because market fluctuations are not taken into consideration here :
 
 

 
Exchange Rates
  Foreign Currency   Ringgit Malaysia  
      Selling   Buying  
  1 US Dollar   3.2720   3.2070  
  1 Australian Dollar   3.1540   3.0730  
  1 Brunei Dollar   2.4030   2.3560  
  1 Canadian Dollar   3.3020   3.2370  
  1 EURO   5.1680   5.0650  
  1 New Zealand Dollar   2.5900   2.5180  
  1 Papua N Guinea Kina   1.2750   1.1540  
  1 Singapore Dollar   2.4025   2.3560  
  1 Sterling Pound   6.4870   6.3580  
  1 Swiss Franc   3.1980   3.1340  
  100 UAE DIRHAM   90.4100   86.3600  
  100 Bangladesh Taka   5.0000   4.6200  
  100 Chinese Renminbi   N/A   N/A  
  100 Danish Krone   71.3300   65.8400  
  100 Hongkong Dollar   42.5600   40.4800  
  100 Indian Rupee   7.9300   7.3200  
  100 Indonesian Rupiah   0.0365   0.0320  
  100 Japanese Yen   3.1660   3.1030  
  100 New Taiwan Dollar   N/A   N/A  
  100 Norwegian Krone   67.2800   62.1000  
  100 Pakistan Rupee   4.9000   4.6200  
  100 Philippine Peso   7.6400   7.2200  
  100 Qatar Rial   91.1900   86.7400  
  100 Saudi Riyal   88.5300   84.2100  
  100 South African Rand   42.9500   41.2600  
  100 Sri Lankan Rupee   3.1000   2.9200  
  100 Swedish Krone   57.3900   52.4400  
  100 Thai Baht   10.800   9.2600  
  (Last updated on:   28 May 2008)
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