The currency in Malaysia is the Malaysian Ringgit, abbreviated as MYR. The Ringgit is subdivided into 100 sen, and it has been in use since 1975, replacing the Malayan dollar. The currency symbol for the Malaysian Ringgit is "RM." The value of the Ringgit can fluctuate against other currencies in the foreign exchange market, influenced by various factors such as economic performance, inflation rates, and global market trends. The design of the Ringgit incorporates depictions of Malaysian culture, heritage, and significant national figures, reflecting the country's identity.