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Ringgit mostly refers to the
Malaysian ringgitThe Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen...
, which is the local currency in
Malaysia, but it can also refer to the
Brunei dollarThe ringgit Brunei or the Brunei dollar , has been the currency of the Sultanate of Brunei since 1967...
or
Singapore dollarThe Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...
in the Malay language. The word
ringgit was originally used to refer to the serrated edges of
Spanish silver dollarsThe Spanish dollar is a silver coin, of approximately 38 mm diameter, worth eight reales, that was minted in the Spanish Empire after a Spanish currency reform in 1497. Its purpose was to correspond to the German thaler...
widely circulated in the area before the introduction of their own currency.