the basic monetary unit of Malaysia
Origin of ringgitMalay, literally , jagged: from the serrated edge of the original coins
Origin of ringgitMalay from earlier Malay piece of eight from ringgit serrated, jagged, milled (the piece of eight being called ringgit in Malay because of its milled edge, as opposed to the smooth edge of the Spanish real which also circulated as currency in Southeast Asia during the colonial era)
(plural ringgit or ringgits)
- The currency of Malaysia
From Malay ringgit (“jagged").
ringgit - Investment & Finance Definition
The currency unit of Malaysia, comprised of 100 sen.