Malaysian Ringgit in Saudi Arabian Riyal

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.

SAR Saudi Arabian Riyal

Country of application:
Saudi Arabia

Coin denominations in circulation:
1, 5, 10, 25, 50 halals, 1, 2 rials.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Saudi riyal (riyal) has been the national currency and money of the Kingdom of Saudi Arabia since 1928, even before the creation of a single state. Independent minting of coins on the territory o...f Hijaz (the coastal western region of the Arabian Peninsula with the main Islamic centers - Mecca and Medina) began rather late - at the beginning of the 19th century. These were copper mahmoudis and silver rupees, which were minted by the sheriffs of Mecca, nominally dependent on the Sultan of the Ottoman Empire. In 1916, with the support of the British and Arab nationalists, the sheriff of Mecca, Hussein ibn Ali al-Hashimi, declared himself king of the Hijaz. He also began minting his own coins in Mecca. In addition to the minting of coins of the Ottoman type (kirsh, para and dinars), under Hussein, all silver rials-thalers were countermarked. They were minted with the word "HIJAZ" in Arabic script.