Malaysian Ringgit (MYR) Exchange Rates – Malaysia Exchange Rates

The Malaysian Ringgit (MYR) is the official currency of Malaysia, a nation known for its vibrant culture and economic growth. The MYR symbolizes economic strength and stability in Malaysia, and its exchange rate holds significant importance in both local and international financial transactions.

Malaysian Ringgit (MYR) Exchange Rates

CurrencyNameRate (1 MYR)
AUDAustralian Dollar0.35666
BRLBrazilian Real1.2747
CADCanadian Dollar0.3486
CHFSwiss Franc0.19901
CNYChinese Renminbi Yuan1.7222
CZKCzech Koruna5.2472
DKKDanish Krone1.6093
EUREuro0.21536
GBPBritish Pound0.18759
HKDHong Kong Dollar1.9755
HUFHungarian Forint81.23
IDRIndonesian Rupiah4311.5
ILSIsraeli New Shekel0.76903
INRIndian Rupee23.427
ISKIcelandic Króna30.859
JPYJapanese Yen40.149
KRWSouth Korean Won374.09
MXNMexican Peso4.3757
NOKNorwegian Krone2.394
NZDNew Zealand Dollar0.43145
PHPPhilippine Peso15.0941
PLNPolish Złoty0.91388
RONRomanian Leu1.0965
SEKSwedish Krona2.3336
SGDSingapore Dollar0.32129
THBThai Baht8.0958
TRYTurkish Lira11.2665
USDUnited States Dollar0.25221
ZARSouth African Rand4.1433

Malaysia Location on Map

MYR Exchange Rates in Perspective:

Malaysia follows a managed floating exchange rate system, where the MYR’s value is influenced by factors like economic performance, inflation, and trade relationships with neighboring countries and global partners.

MYR vs. US Dollar (USD): The MYR to USD exchange rate is essential for Malaysia’s international trade, as many transactions, including exports of electronics and palm oil, are priced in USD.

MYR vs. Singapore Dollar (SGD): Given Malaysia’s proximity to Singapore and strong economic ties, the MYR to SGD rate is important for trade and investment activities between the two nations.

MYR vs. Chinese Yuan (CNY): Malaysia’s growing economic cooperation with China makes the MYR to CNY rate relevant for bilateral trade and investment activities between the two nations.

MYR vs. Japanese Yen (JPY): Fluctuations in the MYR to JPY rate can impact businesses and travelers engaged in trade and tourism between Malaysia and Japan.

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