Indian Rupee

Indian Rupee

The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The rupee is named after the silver coin, rupiya, first issued by Sultan Sher Shah Suri in the 16th century and later continued by the Mughal Empire. In 2010, a new rupee symbol '₹', was officially adopted. It was derived from the combination of the Devanagari consonant "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. The first series of coins with the new rupee symbol started in circulation on 8 July 2011. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid. A newly redesigned series of ₹500 banknote, in addition to a new denomination of ₹2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of ₹1000, ₹100 and ₹50 in the coming months.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation.In July 2018, the Reserve Bank Of India released the ₹100 banknote.

Malaysian Ringgit

Malaysian Ringgit

The Malaysian ringgit (; plural: ringgit; symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.

17 Indian Rupee to Malaysian Ringgit exchange rates chart

17 INR to MYR exchange rates graph
17 INR to MYR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

17 INR to MYR exchange rates table

Exchange INR to MYR
17 Indian Rupee = 0.988 Malaysian Ringgit
34 Indian Rupee = 1.975 Malaysian Ringgit
85 Indian Rupee = 4.938 Malaysian Ringgit
170 Indian Rupee = 9.875 Malaysian Ringgit
Exchange Indian Rupee to Malaysian Ringgit
17 Indian Rupee to Malaysian Ringgit Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best INR/MYR rate at Weizmann Forex in New Delhi

17 INR to MYR exchange rates at Weizmann Forex in New Delhi
17 Indian Rupee = 0.915 Malaysian Ringgit
Weizmann Forex
Weizmann Forex

The Weizmann Group comprises these key enterprises: Weizmann Forex Ltd. – Foreign Exchange, Remittance, Insurance, Tours, Travel. Weizmann Ltd. – Textile Processing and Exports. For more information please visit www.weizmann.co.in Weizmann International Ltd. – Textile Exports. For more information please visit www.weizmann.co.in Karma Energy Ltd. – Development of Renewable Energy Projects, mainly Wind and Small Hydro. For more information please visit www.karmaenergy.co Greenweiz...

Best INR/MYR rate at Merchantrade Asia in Kuala Lumpur

17 INR to MYR exchange rates at Merchantrade Asia in Kuala Lumpur
17 Indian Rupee = 0.977 Malaysian Ringgit
Merchantrade Asia
Merchantrade Asia

Merchantrade Money Exchange is the largest money exchange network offering competitive rates, 365 days a year. We have 84 outlets and over 400 agent locations – duty-free zones, travel agents, luxury hotels and major shopping malls across the country. We constantly acquire new partners and are expanding to new locations to serve our customers better. Kl Sentral DH5, Departure Hall, Level 1, KL City Air Terminal, KL Sentral Station, Kuala Lumpur 50470, Malaysia Operating Hours Mon - Sun 9:00...

Best INR/MYR rate at Jalinan Duta in Kuala Lumpur

17 INR to MYR exchange rates at Jalinan Duta in Kuala Lumpur
17 Indian Rupee = 97.750 Malaysian Ringgit
Jalinan Duta
Jalinan Duta

Our Services We provide a wide range of foreign currency exchange and related services for both private and corporate clients. Since 2001, Jalinan Duta Sdn Bhd has established itself as a successful and respected currency exchange company. Our Commitment The company is committed to excellence. We aim to provide our clients with outstanding personalized service and value for their money, from the smallest cash transaction to large corporate transaction. Our Values Our standards and our values...

Best INR/MYR rate at MaxMoney in Kuala Lumpur

17 INR to MYR exchange rates at MaxMoney in Kuala Lumpur
17 Indian Rupee = 96.900 Malaysian Ringgit
MaxMoney
MaxMoney

With more than 30 years in business, we are the best and most innovative money service business in Malaysia, enabling both individual and business customers to exchange and transfer anytime anywhere. MaxMoney is the first Malaysian company to obtain a full-fledged Money Service Business (MSB) License, regulated by Bank Negara Malaysia. We cover more than 100 foreign currencies, catering to 190 countries across the continents. No matter which currency they choose, our customers will always...

Best INR/MYR rate at SF Forex in Chennai

17 INR to MYR exchange rates at SF Forex in Chennai
17 Indian Rupee = 1.118 Malaysian Ringgit
SF Forex
SF Forex

Profile The business of Sugal Finance Ltd., has its genesis in a Sole Proprietorship from by the name "Sugal Finance", established in the year 1989. On 19.02.1990. the Company was incorporated in the name of Sugal Finance Credit and Investment Private Ltd., on 17.03.1993, the name of the Company was changed to Sugal Finance Private Ltd., on 11.05.1993, the Company was converted from Private Limited to a Public Limited Company, and on 07.10.2003 the Company was converted from Public Limited to...

17 INR to MYR exchange rates news

Rupee tumbles 53 paise to 70.21 against USD on crude woes

At the Interbank Foreign Exchange (forex) Tuesday, the rupee opened on a sluggish note at 69.83.

6 days indicative negative
Sensex ends 106 points lower over declining banking stocks

Sensex ends 106 points lower over declining banking stocks

7 days indicative negative
Decoupling From Global Pessimism

Frank-Jürgen Richter - The Indian economy has the potential to remain decoupled from the global economic pessimism, but for that to happen, bold and sustained policy moves are required. It will be interesting to see if this government can buck the trend, , indian economy, Global Pessimism

13 days indicative positive
SOPA says India Dec soymeal export dn 24% on mo to around 200,000 tn

SOPA says India Dec soymeal export dn 24% on mo to around 200,000 tn

13 days conditional neutral
What's behind the Malaysia-Singapore dispute?

Malaysia News - Read more at AsiaOne

2 days indicative negative
'Speedy Gonzales' deal: CEO, ex-Tourism M'sia official in court as MACC seeks remand
'Speedy Gonzales' deal: CEO, ex-Tourism M'sia official in court as MACC seeks remand

PUTRAJAYA: A former top official of Tourism Malaysia has been arrested by the Malaysian Anti-Corruption Commission (MACC) over funds from the agency involving millions of ringgit.

8 days subjunctive negative
BSP alerts public vs fake peso bills
BSP alerts public vs fake peso bills

Manila Standard | Defining The News

9 days indicative negative

17 INR to MYR currency converter