Malaysian Ringgit to Norwegian Krone

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.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.