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Ringgit: meaning, definitions and examples

๐Ÿ’ธ
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ringgit

 

[ rษชล‹ษกษชt ]

Noun
Context #1 | Noun

currency unit

The ringgit is the official currency of Malaysia, abbreviated as MYR. It is subdivided into 100 sen. The term 'ringgit' originally referred to the serrated edges of silver Spanish dollars that circulated in the region.

Synonyms

MYR, malaysian currency

Examples of usage

  • The price of the car is 80,000 ringgit.
  • I exchanged dollars for ringgit before my trip to Malaysia.
  • The financial report indicated an increase in the ringgit's value against the dollar.
  • Food prices in Malaysia are generally affordable, with meals costing around 10 ringgit.

Translations

Translations of the word "ringgit" in other languages:

๐Ÿ‡ต๐Ÿ‡น ringgit

๐Ÿ‡ฎ๐Ÿ‡ณ เคฐเคฟเค‚เค—เคฟเคค

๐Ÿ‡ฉ๐Ÿ‡ช Ringgit

๐Ÿ‡ฎ๐Ÿ‡ฉ ringgit

๐Ÿ‡บ๐Ÿ‡ฆ ั€ะธะฝะณะณั–ั‚

๐Ÿ‡ต๐Ÿ‡ฑ ringgit

๐Ÿ‡ฏ๐Ÿ‡ต ใƒชใƒณใ‚ฎใƒƒใƒˆ

๐Ÿ‡ซ๐Ÿ‡ท ringgit

๐Ÿ‡ช๐Ÿ‡ธ ringgit

๐Ÿ‡น๐Ÿ‡ท ringgit

๐Ÿ‡ฐ๐Ÿ‡ท ๋ง๊นƒ

๐Ÿ‡ธ๐Ÿ‡ฆ ุฑูŠู†ุบูŠุช

๐Ÿ‡จ๐Ÿ‡ฟ ringgit

๐Ÿ‡ธ๐Ÿ‡ฐ ringgit

๐Ÿ‡จ๐Ÿ‡ณ ๆž—ๅ‰็‰น

๐Ÿ‡ธ๐Ÿ‡ฎ ringgit

๐Ÿ‡ฎ๐Ÿ‡ธ ringgit

๐Ÿ‡ฐ๐Ÿ‡ฟ ั€ะธะฝะณะณั–ั‚

๐Ÿ‡ฌ๐Ÿ‡ช แƒ แƒ˜แƒœแƒ’แƒ˜แƒขแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ ringgit

๐Ÿ‡ฒ๐Ÿ‡ฝ ringgit

Etymology

The word 'ringgit' comes from the Malay language, meaning 'jagged' or 'serrated'. Its use as a reference to the Spanish dollar (real de a ocho) represents a historical monetary standard used in the region during the colonial period. The adoption of the ringgit as the official currency of Malaysia occurred in 1975, when it replaced the Malaysian dollar. The ringgit has since evolved, with several series of banknotes and coins being issued, reflecting valuable elements of Malaysian culture and history. The introduction of the currency was an important step towards establishing Malaysia's economic independence and facilitating trade both locally and internationally. The market fluctuates due to various global economic factors, but the ringgit remains a significant part of Malaysian identity and economy.

Word Frequency Rank

Ranking #36,139, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.