Convert Malaysian Ringgit to Costa Rican Colón
Please provide values below to convert Malaysian Ringgit [MYR] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Costa Rican Colón
1 MYR = 0.00839030774111675 CRC
Example: convert 15 MYR to CRC:
15 MYR = 15 × 0.00839030774111675 CRC = 0.125854616116751 CRC
Malaysian Ringgit to Costa Rican Colón Conversion Table
| Malaysian Ringgit | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.