Convert Malaysian Ringgit to Israeli New Shekel

Convert Malaysian Ringgit (MYR) to Israeli New Shekel (ILS) using daily updated exchange rates.

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Malaysian Ringgit (MYR)
Israeli New Shekel (ILS)

Exchange Rate

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About Malaysian Ringgit

The Malaysian Ringgit (MYR) is the official currency of Malaysia. The word "ringgit" means "jagged" in Malay, describing the milled or serrated edges of old Spanish silver dollars that once circulated in the region. Bank Negara Malaysia manages monetary policy. Malaysia has one of Southeast Asia's most diversified and developed economies, with major exports including electronics, petroleum products, palm oil, rubber, and liquefied natural gas. Malaysia is the world's second largest producer of palm oil.

About Israeli New Shekel

The Israeli New Shekel (ILS) has been the official currency of Israel since 1986, replacing the old shekel at a rate of 1,000 to 1. The shekel is one of the oldest monetary units in human history, mentioned throughout the Hebrew Bible as a weight of silver. The Bank of Israel manages monetary policy with a free-floating exchange rate. Israel has a highly developed, technology-driven economy - often called the "Start-Up Nation" - with significant exports of software, semiconductors, pharmaceuticals, and diamond cutting and polishing. The new shekel is divided into 100 agorot.

Quick Reference Table

Malaysian Ringgit (MYR)Israeli New Shekel (ILS)
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).

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