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Since 1976, the official currency of Malaysia is Malaysian ringgit. Up to this point in the period between 1899 and 1967 in the country as official currency acted Malaysian dollar. Malaysian ringgit issued by a governmental Bank. Local commercial banks are controlled by foreign companies and companies in the country. Some provincial areas of the country, located far from the Central part of Malaysia, still use the old money Malay dollars. The residents of these areas count the dollar to the ringgit and back, which often generates a lot of misunderstandings.

The symbol of the ringgit RM. One ringgit is 100 cents. In circulation are banknotes in denominations of 1, 5, 10, 20, 50, 100 Ringgits of various modifications. On all banknotes shows the portrait of the first Supreme ruler of Malaysia Tuanku Abdul Rahman.

One ringgit has a size of 121 x 65mm. Right on the front way is a portrait of Tuanku Abdul Rahman. On the other side is a depiction of the coastal landscape and mountains. The banknote protected by a watermark in the form of a portrait of Tuanku Abdul Rahman. Security thread is located in the centre of the bill. The dominant color of the banknote — blue, dark blue and purple.

In may 2011, Bank Negara Malaysia has announced that it will present a new series of banknotes, replacing the existing design which was in circulation about 15 years. Banknote of 50 MYR from the new series already went into circulation on 15 July 2009. Design the rest of the new banknotes was presented on 21 December 2011 and it is expected that they will be put into circulation in the second half of 2012. Banknotes of the new series will circulate alongside the existing. The banknote series currently used will be gradually eliminated. Denominations of all banknotes of the new series will retain the portrait of the Prime Minister of Malaysia Tuanku Abdul Rahman.

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