Malaysian Ringgit in Argentine Peso

MYR Malaysian Ringgit

Country of application:
Malaysia

Coin denominations in circulation:
1, 5, 10, 20, 50 sen, 1 ringgit.

Denominations of banknotes in circulation:
1, 2, 5, 10, 50 and 100 ringgits.

History reference:
The national currency of Malaysia is represented by a monetary unit called the Malaysian ringgit. The Malaysian Ringgit is used officially by Malaysia and unofficially in the border regions of Indone...sia, the Philippines, Thailand, and parts of Ho Chi Minh City, Vietnam. The Malaysian dollar replaced the Malayan dollar and the British Borneo dollar in June 1967 at par. This new currency was officially called "dollars" and "cents" until August 1975, when the official name was changed to "ringgit" and "sen". In inland areas, non-cash means of payment are poorly distributed, it is better to use cash Malaysian currency. It is better to deal with Malaysian banks or licensed Malaysian exchange offices and take plenty of Malaysian cash with you. Especially when it comes to traveling to small towns or rural areas. The import of foreign currency is not limited. Export of the national currency of Malaysia - up to 5000 ringgits, foreign also up to 5000 Malaysian ringgits, in the corresponding equivalent.

ARS Argentine Peso

Country of application:
Argentina

Coin denominations in circulation:
10, 20, 50, 100, 200, 500, 1000 pesos.

Denominations of banknotes in circulation:
1, 2, 5, 10 pesos.

History reference:
Currency abbreviation or currency symbol for the Argentine nuevo peso (ARS), the currency for Argentina. The Argentine song Nuevo was first seen in 1992 when it replaced the australium in the convers...ion of 1 peso to 10,000 australia. Other names for the currency include peso convertible and nuevo peso convertible. The Argentine Nuevo Peso was pegged to the US dollar from 1 peso to one dollar form from 1992 to 2001. In 2002, the peso floated and devalued by about 75%, helping to improve export competitiveness. The export boom led to a massive influx of US dollars into the Argentine economy, which led to the stabilization of the national currency. Some time later, the Central Bank announced support for a strategy to keep the exchange rate between 2.90 and 3.10 pesos to the US dollar in order to maintain export competitiveness. When necessary, the Central Bank prints pesos and buys dollars on the free market (sometimes in large quantities, in the order of 10 to 100 million US dollars a day) to protect the peso from inflation, 27,000 million US dollars have accumulated in the vaults of the Central Bank, despite spending $9,810 million in payment to the IMF in January 2006.