Convert Malaysian Ringgit to Bulgarian Lev
Please provide values below to convert Malaysian Ringgit [MYR] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Bulgarian Lev
1 MYR = 2.53741904533461 BGN
Example: convert 15 MYR to BGN:
15 MYR = 15 × 2.53741904533461 BGN = 38.0612856800192 BGN
Malaysian Ringgit to Bulgarian Lev Conversion Table
| Malaysian Ringgit | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.