Malaysian Currency facts and figures

FACTOID # 1: ‘Dollar’ is the most common currency name, followed by ‘franc,’ ‘pound,’ ‘dinar,’ ‘peso,’ and ‘rupee.’

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Southeast Asia > Malaysia > Currency

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Currency	ringgit
ISO code	MYR 458
DEFINITION: ISO is the International Standards Organisation ISO has specified 3 letter codes for most, if not all currencies in the world. Although the standard can be purchased from ISO's web site, the codes are often published by data vendors and in market literature.
SOURCE: Pacific Exchange Rate Services
Official exchange rate > LCU per US$, period average	3.79
DEFINITION: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).		View time series
SOURCE: Pacific Exchange Rate Services
PPP conversion factor to official exchange rate ratio	0.47		[72nd of 169]
DEFINITION: Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.		View time series
SOURCE: World Development Indicators database
Real effective exchange rate index	95.18 %		[60th of 96]
DEFINITION: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. 2000 = 100		View time series
SOURCE: World Development Indicators database
Regime	m.float
SOURCE: World Development Indicators database
S&P/EMDB indexes > annual % change	34.62 annual % change		[24th of 58]
DEFINITION: S&P/EMDB indexes measure the U.S. dollar price change in the stock markets covered by the S&P/IFCI and S&P/IFCG country indexes.		View time series
SOURCE: Pacific Exchange Rate Services
Subdivision	100		[179th of 192]
DEFINITION: The unit, and the number of those units, into which a nation's primary official unit of currency is most commonly divided.
SOURCE: World Development Indicators database
Symbol	RM
SOURCE: Pacific Exchange Rate Services
Terms of trade since 1995	90.42		[83rd of 117]
DEFINITION: Net barter terms of trade (1995 = 100). Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 1995.
SOURCE: Pacific Exchange Rate Services