MYR to SCR Exchange Rate - Convert Malaysian Ringgit to Seychelles Rupee

Converting from Malaysian Ringgit (MYR) to Seychelles Rupee (SCR)

What is Malaysian Ringgit (MYR)

The Malaysian Ringgit, abbreviated as MYR, is the official currency of Malaysia. It has been in use since 1967, replacing the Malaya and British Borneo dollar. The symbol for the Ringgit is RM, which stands for "Ringgit Malaysia." The currency is subdivided into 100 sen (cents).

The Malaysian economy is one of the most developed in Southeast Asia, and the Ringgit reflects this stability. It is issued by Bank Negara Malaysia, the country’s central bank, which plays a crucial role in maintaining its value and stability. The Ringgit is a relatively young currency compared to many others, but it has shown resilience and strength over the years.

Exchange rates fluctuate based on various factors, including economic indicators, political stability, and market demand. As of October 2023, the Malaysian Ringgit's value may vary against other currencies, making it essential for individuals and businesses to stay updated on the latest exchange rates when dealing with foreign transactions.

What is Seychelles Rupee (SCR)

The Seychelles Rupee, known by its symbol SCR, is the currency used in the Seychelles, an archipelago in the Indian Ocean. The SCR was introduced in 1914 to replace the Seychelles dollar and has since become the backbone of the island nation's economy. Like the MYR, the Seychelles Rupee is also subdivided into 100 cents.

The central bank responsible for issuing and regulating the Seychelles Rupee is the Central Bank of Seychelles. The currency is pivotal for domestic and international trade, tourism, and investment in the region. The economy of Seychelles relies heavily on tourism, which can influence the demand and value of its currency against others, including the Malaysian Ringgit.

Understanding the exchange rate between MYR and SCR is essential for travelers, businesses, and investors. The exchange rate between these two currencies can fluctuate significantly based on economic conditions, global markets, and local factors. As such, knowing how to convert Malaysian Ringgit to Seychelles Rupee, and vice versa, helps in making informed financial decisions.

When converting MYR to SCR, one must consider the current exchange rate:

SCR = MYR × Exchange Rate (MYR to SCR)

This formula allows individuals to calculate the amount they would receive in Seychelles Rupees when converting a specific amount of Malaysian Ringgit.

In conclusion, both the Malaysian Ringgit and the Seychelles Rupee play vital roles in their respective economies. Understanding how to convert between these currencies is essential for travelers and businesses, ensuring they are well-prepared for any financial transactions involving either currency.

Malaysian Ringgit to Seychelles Rupee conversion table

MYR to SCR conversion table

Malaysian Ringgit (MYR)Seychelles Rupee (SCR)
1 MYR3.27207357629 SCR
2 MYR6.54414715258 SCR
3 MYR9.81622072887 SCR
4 MYR13.08829430515 SCR
5 MYR16.36036788144 SCR
6 MYR19.63244145773 SCR
7 MYR22.90451503402 SCR
8 MYR26.17658861031 SCR
9 MYR29.4486621866 SCR
10 MYR32.72073576289 SCR
100 MYR327.20735762886 SCR
200 MYR654.41471525772 SCR
300 MYR981.62207288658 SCR
400 MYR1 308.82943051543 SCR
500 MYR1 636.03678814429 SCR
600 MYR1 963.24414577315 SCR
700 MYR2 290.45150340201 SCR
800 MYR2 617.65886103087 SCR
900 MYR2 944.86621865973 SCR
1 000 MYR3 272.07357628859 SCR
2 000 MYR6 544.14715257717 SCR
5 000 MYR16 360.36788144294 SCR
10 000 MYR32 720.73576288587 SCR
20 000 MYR65 441.47152577174 SCR
50 000 MYR163 603.67881442936 SCR
100 000 MYR327 207.35762885872 SCR
Last updated April 3, 2025 at 07:55 AM