What is the official currency of Malaysia?

Answer and explanation

Correct answer: C. Malaysian Ringgit (MYR)

  1. Step 1: The word 'ringgit' is an archaic Malay term meaning 'jagged', originally referring to the serrated edges of Spanish silver dollars circulated in the region.
  2. Step 2: It is issued by Bank Negara Malaysia and symbolized as RM.
Answer
Malaysian Ringgit (MYR)
Why not the others: 'Indonesian Rupiah' is the currency of Indonesia; 'Philippine Peso' is the currency of the Philippines; 'Brunei Dollar' is the currency of Brunei (pegged 1:1 with the Singapore Dollar).

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