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All you want to know about
Malaysia
History
The Ringgit, unofficially called the Malaysian Dollar, has been Malaysia’s
official currency since 1975.
Pre-Ringgit
In 1967 when the central bank “Bank Negara Malaysia”
introduced the Ringgit currency that was originally stated as the
Malaysian dollar.
The advent of the Ringgit
In 1968 it was the first bank note to feature the image of
Tuanku Abdul Rahman. The first Malaysian Governor of Bank Negara
Malaysia.
Official adoption
Soon after in 1975, the Malay names “ringgit” and “sen”
were officially adopted as the official names. However, the currency
symbol of “RM” was only introduced much later in 1993 to replace the
dollar sign or “$”.
Asian Financial Crisis 1997
When the AFC hit Malaysia in 1997, there was a huge
influx of ringgit taken out of the country to be traded for the RM500
and RM1000 notes.
Future Changes
In 2004, Bank Negara issued a new RM10 note with
additional security features including the holographic strip previously
only seen on the RM50 and RM100 notes. In early 2008, the Bank
released a newly designed RM50 bank note.
Language of Malaysia
Bahasa Melayu (official), English, Chinese
dialects (Cantonese, Mandarin, Hokkien,
Hakka, Hainan, Foochow), Tamil, Telugu,
Malayalam, Panjabi and Thai.
Regulatory authority of Malaysia
•Bank Negara Malaysia (BNM)
•Securities Commission Malaysia (SC)
•Labuan Financial Services Authority (Labuan
FSA)
Conversion rate
Flag of Malaysia
The flag of Malaysia, also known as the, is composed of
a field of 14 alternating red and white stripes along the
fly and a blue canton bearing a crescent and a 14-point
star known as the Bintang Persekutuan. The 14 stripes,
of equal width, represent the equal status in the
federation of the 13 member states and the federal
government, while the 14 points of the star represent
the unity between these entities. Adopted on: 26 May
1950
Currency
The Malaysian ringgit is the currency of
Malaysia. The Malaysian ringgit third
series coinage and fourth series banknote
designs announced in 2011 by Bank
Negara Malaysia.
Denominations
Denominations
Subunit
1/100 Sen
Symbol RM
Banknotes RM1, RM5, RM10, RM20, RM50, RM100
Coins 5, 10, 20, 50 sen
Symbol
The currency for Malaysia is Malaysian ringgit
(MYR). The Malaysian
ringgit (ringgit), symbol: RM; currency
code: MYR; formerly the Malaysian dollar) is
the currency of Malaysia. It is divided into
100 sen (cents). The ringgit is issued by the Bank
Negara Malaysia.
Continent of Malaysia
Located in the continent of Asia, Malaysia covers
328,657 square kilometers of land and 1,190
square kilometers of water, making it the 67th
largest nation in the world with a total area of
329,847 square kilometers.
Personality
The face we all see on the Malaysian Ringgit is
that of Tengku Abdul Rahman. (Born August 24,
1895, Sri Menanti, Malaya [now Malaysia]—died
April 1, 1960, Kuala Lumpur) He is the first
Malaysian Prime Minister after independence
from the British. He is the first supreme chief of
state of the Federation of Malaya.
Economic System
Malaysia has adopting mixed economic systems. Mixed
economic system is an economy where there is more
government intervention than in a free market
economy. The element of a mixed economy is basically
to include a variety of freedoms such as to possess
means of production like farm, factories, stores, to
participate in managerial decision in cooperative and
participatory economics, to travel, to buy the items for
personal use, for resale etc.
Currency of Malaysian ringgit
Fake Currency of Malaysian ringgit
Thank you

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All you want to know about malaysia

  • 1. All you want to know about Malaysia
  • 2. History The Ringgit, unofficially called the Malaysian Dollar, has been Malaysia’s official currency since 1975. Pre-Ringgit In 1967 when the central bank “Bank Negara Malaysia” introduced the Ringgit currency that was originally stated as the Malaysian dollar. The advent of the Ringgit In 1968 it was the first bank note to feature the image of Tuanku Abdul Rahman. The first Malaysian Governor of Bank Negara Malaysia.
  • 3. Official adoption Soon after in 1975, the Malay names “ringgit” and “sen” were officially adopted as the official names. However, the currency symbol of “RM” was only introduced much later in 1993 to replace the dollar sign or “$”. Asian Financial Crisis 1997 When the AFC hit Malaysia in 1997, there was a huge influx of ringgit taken out of the country to be traded for the RM500 and RM1000 notes. Future Changes In 2004, Bank Negara issued a new RM10 note with additional security features including the holographic strip previously only seen on the RM50 and RM100 notes. In early 2008, the Bank released a newly designed RM50 bank note.
  • 4. Language of Malaysia Bahasa Melayu (official), English, Chinese dialects (Cantonese, Mandarin, Hokkien, Hakka, Hainan, Foochow), Tamil, Telugu, Malayalam, Panjabi and Thai.
  • 5. Regulatory authority of Malaysia •Bank Negara Malaysia (BNM) •Securities Commission Malaysia (SC) •Labuan Financial Services Authority (Labuan FSA)
  • 7. Flag of Malaysia The flag of Malaysia, also known as the, is composed of a field of 14 alternating red and white stripes along the fly and a blue canton bearing a crescent and a 14-point star known as the Bintang Persekutuan. The 14 stripes, of equal width, represent the equal status in the federation of the 13 member states and the federal government, while the 14 points of the star represent the unity between these entities. Adopted on: 26 May 1950
  • 8. Currency The Malaysian ringgit is the currency of Malaysia. The Malaysian ringgit third series coinage and fourth series banknote designs announced in 2011 by Bank Negara Malaysia.
  • 9. Denominations Denominations Subunit 1/100 Sen Symbol RM Banknotes RM1, RM5, RM10, RM20, RM50, RM100 Coins 5, 10, 20, 50 sen
  • 10. Symbol The currency for Malaysia is Malaysian ringgit (MYR). The Malaysian ringgit (ringgit), symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.
  • 11. Continent of Malaysia Located in the continent of Asia, Malaysia covers 328,657 square kilometers of land and 1,190 square kilometers of water, making it the 67th largest nation in the world with a total area of 329,847 square kilometers.
  • 12. Personality The face we all see on the Malaysian Ringgit is that of Tengku Abdul Rahman. (Born August 24, 1895, Sri Menanti, Malaya [now Malaysia]—died April 1, 1960, Kuala Lumpur) He is the first Malaysian Prime Minister after independence from the British. He is the first supreme chief of state of the Federation of Malaya.
  • 13. Economic System Malaysia has adopting mixed economic systems. Mixed economic system is an economy where there is more government intervention than in a free market economy. The element of a mixed economy is basically to include a variety of freedoms such as to possess means of production like farm, factories, stores, to participate in managerial decision in cooperative and participatory economics, to travel, to buy the items for personal use, for resale etc.
  • 15. Fake Currency of Malaysian ringgit