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History
Malaysian ringgit
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The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen. The ringgit is issued by the Central Bank of Malaysia.
Malaysian ringgit third-series coinage and fourth-series banknote designs, announced in 2012 by Central Bank of Malaysia
Malaysian ringgit third-series coinage and fourth-series banknote designs, announced in 2012 by Central Bank of Malaysia
18th-century Spanish dollar with milled edges (jagged or "beringgit")
18th-century Spanish dollar with milled edges (jagged or "beringgit")
Image: LIMA RINGGIT OBSERVE VIEW (1967)
Image: LIMA RINGGIT OBSERVE VIEW (1967)
Currency
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A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies.
Cowry shells being used as money by an Arab trader
Cowry shells being used as money by an Arab trader
The world's oldest coin, created in the ancient Kingdom of Lydia
The world's oldest coin, created in the ancient Kingdom of Lydia
Song dynasty Jiaozi, the world's earliest paper money
Song dynasty Jiaozi, the world's earliest paper money
A list of exchange rates for various base currencies given by a money changer in Thailand, with the Thailand Baht as the counter (or quote) currency.
A list of exchange rates for various base currencies given by a money changer in Thailand, with the Thailand Baht as the counter (or quote) currency. Note the Korean currency code should be KRW.