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About this currency pair
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.
Malaysian Ringgit (MYR) — the currency of Malaysia
The ringgit was introduced after the end of the shared Malaya and British Borneo dollar system and is now Malaysia’s main currency. The Malaysian Ringgit is used in Malaysia and is commonly seen in retail prices, travel spending, ecommerce, remittances and business payments across Asia-linked transactions. It is relevant for regional trade, manufacturing supply chains, travel, online shopping, technology exports and cross-border payments in Asia. For conversion pages, MYR is useful when translating local prices into major reference currencies or comparing historical and current market values.