Convert Malaysian Ringgit to Qatari Rial
Please provide values below to convert Malaysian Ringgit [MYR] to Qatari Rial [QAR], or Convert Qatari Rial to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Qatari Rial
1 MYR = 1.16247252747253 QAR
Example: convert 15 MYR to QAR:
15 MYR = 15 × 1.16247252747253 QAR = 17.4370879120879 QAR
Malaysian Ringgit to Qatari Rial Conversion Table
| Malaysian Ringgit | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.