I. Malaysian ringgit
Malaysia Kyrgyzstan is the legal tender of Malaysia and the currency of some countries. MYR is the international standard code of ISO 42 17, the currency symbol is RM, and the official Chinese unit of Malaysia is Ji Ling. It was issued by the National Bank of Malaysia on July 2 1 2005, announcing the cancellation of the fixed exchange rate system of Kyrgyzstan against the US dollar implemented by Malaysia seven years ago and replacing it with a managed floating exchange rate mechanism, thus enabling Malaysia to decouple Kyrgyzstan from the US dollar. Malaysia will float according to the exchange rate of a basket of currencies, that is, the Malaysian ringgit can float freely within this range. In the event of violent fluctuations, the Bank of Malaysia can immediately intervene. The government of West Asia officially stipulated that its currency name was ringgit. In Malay, ringgit originally meant "teeth". Because Spanish silver coins were very popular in Southeast Asia before, there was a tooth shape around Spanish silver coins, so it was named. On the other hand, the word "ringgit" comes from the pronunciation of Long Yin in southern Fujian.
Second, the field of circulation
Kyrgyzstan is the legal tender of Malaysia, and local banks or international (foreign) banks can be found in all towns in Malaysia. All banks have foreign exchange business. Generally speaking, these banks are located in main blocks, shopping centers or important entry and exit ports. All banking services, such as foreign currency, traveler's checks, money orders, wire transfers and entrustment commitments, can be handled in any bank. In Malaysia, Kuala Lumpur International Airport (KLIA), banks, foreign exchange offices and ATMs can be seen everywhere. In addition, it also circulates in some countries, such as Indonesia, Vietnam, Thailand and parts of the Philippines.
Foreigners living in Malaysia can open an account in a bank and use various convenient services of the bank. They can also open personal foreign exchange accounts. When foreigners open an account in a bank, they can use various conveniences provided by the bank, such as checks and ATM cards. ATMs are very convenient to use in Malaysia.