ring·​git | \ ˈriŋ-git How to pronounce ringgit (audio) \
plural ringgits or ringgit

Definition of ringgit

the basic monetary unit of Malaysia — see Money Table

Examples of ringgit in a Sentence

Recent Examples on the Web The annual property tax on this home is about 1,300 ringgit ($300), Ms. Tan said. New York Times, "House Hunting in Malaysia: A Restored Rowhouse in Penang," 15 Apr. 2020 The Malaysian ringgit slumped to the lowest in almost six months amid the political turmoil, trading 0.8% down at 4.2242 per dollar as of 3:02 pm local time. Time, "Malaysia's 94-Year-Old Prime Minister Abruptly Submits Resignation Amid Political Turmoil," 24 Feb. 2020 Police also seized jewelry and hundreds of handbags and other valuables estimated at more than 1.1 billion ringgit ($273 million) from properties linked to Najib. Washington Post, "Malaysia ex-PM use ‘elaborate’ plan to loot fund: prosecutor," 28 Aug. 2019 Three local films broke the 30 million ringgits ($7.2 million) barrier for the first time in 2018, with Syamsul Yusof’s horror title Munafik 2 becoming the highest-grossing Malaysian film of all time with a total gross over over $9 million. Mathew Scott, The Hollywood Reporter, "Malaysian Film Industry Looks to Cast Off Shadow of 1MDB Scandal," 24 July 2019 Police also seized jewelry and hundreds of handbags and other valuables estimated at more than 1.1 billion ringgit ($273 million) from properties linked to Najib. Fox News, "Malaysia anti-graft agency arrests former leader Najib Razak," 19 Sep. 2018 Anwar opposed the currency peg imposed by Mahathir to stem a plunge in the ringgit. Haslinda Amin, Bloomberg.com, "Najib Must Face Malaysia Justice, Anwar Says," 18 May 2018 The Malaysian ringgit plummeted 35 percent, reserves dwindled and the stock market crashed and lost half its value. Bloomberg.com, "Bloomberg," 14 May 2018 Malaysia's currency, the ringgit, dipped soon after the election results were known. Elaine Kurtenbach And Eileen Ng, Fox News, "Opposition election win in Malaysia ups economic uncertainty," 11 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'ringgit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of ringgit

1894, in the meaning defined at sense 2

History and Etymology for ringgit

Malay, literally, serration, coin with milled edge

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The first known use of ringgit was in 1894

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Cite this Entry

“Ringgit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/ringgit. Accessed 24 Nov. 2020.

More from Merriam-Webster on ringgit

Britannica.com: Encyclopedia article about ringgit

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