MYR to TWD - Currency converter
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Currency Pair MYR/TWD: Malaysian Ringgit and Taiwanese Dollar
The currency pair MYR/TWD represents the exchange rate between the Malaysian Ringgit (MYR) and the Taiwanese Dollar (TWD). To better understand this currency pair and its dynamics, let's take a closer look at the two currencies involved.
Malaysian Ringgit (MYR)
The Malaysian Ringgit, often abbreviated as MYR, is the official currency of Malaysia. It was introduced in 1967, replacing the former Malayan Dollar. One ringgit is divided into 100 sen. The Malaysian central bank, Bank Negara Malaysia, is responsible for the issuance and regulation of the currency. MYR is an important currency in Southeast Asia and is actively used in international trade, especially in relation to the export of commodities such as palm oil and rubber.
Taiwanese Dollar (TWD)
The Taiwanese Dollar, abbreviated as TWD, is the official currency of Taiwan. It was introduced in 1949 to replace the former Taiwanese Yen. One Taiwanese dollar is divided into 100 cents. The Central Bank of the Republic of China (Taiwan) is responsible for the issuance and regulation of TWD. Taiwan is a significant player in the technology and electronics industry, making TWD an important currency in the global market.
Convert MYR to TWD
To convert between MYR and TWD, or any other currency, you can use our convenient currency converter. Here's how it works:
- Enter the amount you want to convert.
- Select the base currency (e.g. MYR).
- Choose the target currency (e.g. TWD).
- The conversion will then take place automatically.
A chart showing historical exchange rates for the currency pair MYR/TWD will be presented along with the conversion, giving you an overview of how the rate has changed over time.
More Currency Pairs
Our currency converter is not limited to only MYR and TWD. You can easily convert between different currencies on the same page. This makes it convenient for you to get the information you need, no matter which currencies you are interested in.
