Ringgit (Malay for "jagged") mostly refers to the Malaysian ringgit, which is the local currency in Malaysia, but it can also refer to the Singapore dollar and Brunei 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. The Malay language, also known locally as Bahasa Melayu, is an Austronesian language spoken by the Malay people who reside in the Malay peninsula, southern Thailand, Philippines, Singapore, central eastern Sumatra, the Riau islands, and parts of the coast of Borneo. ... The ringgit (unofficially known as the Malaysian dollar), is the official monetary unit of Malaysia. ... SGD redirects here. ... The Brunei dollar (ISO 4217: BND) is pegged to the Singapore dollar at a 1:1 trade ratio. ... The Spanish dollar or peso (literally, weight) is a silver coin that was minted in the Spanish Empire after a Spanish currency reform in 1497. ...