Ringgit
Encyclopedia
Ringgit mostly refers to the Malaysian ringgit
, which is the local currency in Malaysia, but it can also refer to the Brunei dollar
or Singapore dollar
in the Malay language. The word ringgit was originally used to refer to the serrated edges of Spanish silver dollars
widely circulated in the area before the introduction of their own currency.
Malaysian ringgit
The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen...
, which is the local currency in Malaysia, but it can also refer to the Brunei dollar
Brunei dollar
The ringgit Brunei or the Brunei dollar , has been the currency of the Sultanate of Brunei since 1967...
or Singapore dollar
Singapore dollar
The Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...
in the Malay language. The word ringgit was originally used to refer to the serrated edges of Spanish silver dollars
Spanish dollar
The Spanish dollar is a silver coin, of approximately 38 mm diameter, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform in 1497. Its purpose was to correspond to the German thaler...
widely circulated in the area before the introduction of their own currency.