As the capital of Malaysia, the official currency of Kuala Lumpur is the ringgit. The Malaysia Ringgit is abbreviated as MR. The ringgit became the official currency of the Federated States of Malaysia in the 1970s.
Prior to the 1970s, the currency in the country was the Malaysian dollar. Foreign currencies are freely exchanged in Kuala Lumpur. The capital city is the largest urban center in the country, and it is its financial hub. The population of Malaysia is about 27 million people. Bahasa Malaysia is the national language of the nation, although English is widely spoken throughout the country.