Pound Sterling to Malaysian Ringgit

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the official currency of Great Britain also used in the British Crown dependencies of Man, Jersey and Guernsey. Also in circulation on the Island of St. Helena, the Island of Ascension, Tristan da Cugna Island, the Falklands and in Gibraltar.

One pound is subdivided into one hundred pence. The abbreviation UKL - United Kingdom Libra is also sometimes used. The name derives from antique silver coins. However, there are other versions of the origin of the concept of "sterling”.

The Malaysian ringgit (symbol: RM, codes: MYR and 458) is the official currency of Malaysia. One ringgit is subdivided into 100 sens (cents). The name of the currency is translated from Malay as "jagged.

" The banknotes depict the first head of the independent Malaysia King Tuanku Abdul Rahman. The contemporary currency replaced the Malaysian dollar, which was in use from 1967 through 1976. The currency shows low inflation - 1.1% as of autumn 2019. Until 1973 Brunei and Singaporean money were accepted in the country.