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 Dollar0.36113
BGNBulgarian Lev0.40016
BRLBrazilian Real1.2702
CADCanadian Dollar0.33183
CHFSwiss Franc0.19077
CNYChinese Renminbi Yuan1.6859
CZKCzech Koruna4.9717
DKKDanish Krone1.5278
EUREuro0.2046
GBPBritish Pound0.17819
HKDHong Kong Dollar1.8419
HUFHungarian Forint79.896
IDRIndonesian Rupiah3926.55
ILSIsraeli New Sheqel0.77099
INRIndian Rupee20.996
ISKIcelandic Króna28.972
JPYJapanese Yen36.104
KRWSouth Korean Won336.34
MXNMexican Peso4.3491
NOKNorwegian Krone2.3893
NZDNew Zealand Dollar0.41146
PHPPhilippine Peso13.7942
PLNPolish Złoty0.87112
RONRomanian Leu1.042
SEKSwedish Krona2.2523
SGDSingapore Dollar0.30711
THBThai Baht7.7408
TRYTurkish Lira9.8995
USDUnited States Dollar0.23669
ZARSouth African Rand4.0741

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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