The currency of Malaysia is the Malaysian ringgit (MYR) . It is divided into 100 sen (formerly cents) . The ringgit is issued by the Central Bank of Malaysia. The banknotes of the Malaysian ringgit come in denominations of RM100, RM50, RM20, RM10, RM5, and RM1. The coins come in denominations of 5, 10, 20, and 50 sen. The currency code for the Malaysian ringgit is MYR. When in Malaysia, the symbol RM is used to show prices.