Malaysian ringgit

The Malaysian ringgit is the currency of Malaysia (MY)
1 MYR = 0.326 AUD
1 AUD = 3.069 MYR
1 MYR = 77.768 ARS
1 ARS = 0.013 MYR
1 MYR = 610.869 BIF
1 BIF = 0.002 MYR
1 MYR = 0.081 BHD
1 BHD = 12.384 MYR
1 MYR = 1.484 BOB
1 BOB = 0.674 MYR
1 MYR = 0.364 AZN
1 AZN = 2.746 MYR
1 MYR = 17.889 BTN
1 BTN = 0.056 MYR
1 MYR = 113.334 CRC
1 CRC = 0.009 MYR
1 MYR = 4.830 CZK
1 CZK = 0.207 MYR
1 MYR = 1.520 CNY
1 CNY = 0.658 MYR
1 MYR = 1.481 DKK
1 DKK = 0.675 MYR
1 MYR = 11.968 ETB
1 ETB = 0.084 MYR
1 MYR = 1845.257 GNF
1 GNF = 0.001 MYR
1 MYR = 1.497 HRK
1 HRK = 0.668 MYR
1 MYR = 3321.881 IDR
1 IDR = 0.000 MYR
1 MYR = 33.302 JMD
1 JMD = 0.030 MYR
1 MYR = 19.132 KGS
1 KGS = 0.052 MYR
1 MYR = 0.388 BAM
1 BAM = 2.576 MYR
1 MYR = 0.387 ANG
1 ANG = 2.584 MYR
1 MYR = 2.925 BWP
1 BWP = 0.342 MYR
1 MYR = 0.288 BND
1 BND = 3.477 MYR
1 MYR = 585.676 CDF
1 CDF = 0.002 MYR
1 MYR = 0.433 BZD
1 BZD = 2.310 MYR
1 MYR = 7057.834 BYR
1 BYR = 0.000 MYR
1 MYR = 0.389 BGN
1 BGN = 2.573 MYR
1 MYR = 0.291 CAD
1 CAD = 3.439 MYR
1 MYR = 28.810 DZD
1 DZD = 0.035 MYR
1 MYR = 3.213 ERN
1 ERN = 0.311 MYR
1 MYR = 6.619 EGP
1 EGP = 0.151 MYR
1 MYR = 0.479 FJD
1 FJD = 2.087 MYR
1 MYR = 0.170 GBP
1 GBP = 5.876 MYR
1 MYR = 0.170 FKP
1 FKP = 5.876 MYR
1 MYR = 1.681 GTQ
1 GTQ = 0.595 MYR
1 MYR = 1.673 HKD
1 HKD = 0.598 MYR
1 MYR = 75.733 HUF
1 HUF = 0.013 MYR
1 MYR = 281.309 IQD
1 IQD = 0.004 MYR
1 MYR = 9055.371 IRR
1 IRR = 0.000 MYR
1 MYR = 97.783 KMF
1 KMF = 0.010 MYR
1 MYR = 281.799 KRW
1 KRW = 0.004 MYR
1 MYR = 20.169 ALL
1 ALL = 0.050 MYR
1 MYR = 23.622 BDT
1 BDT = 0.042 MYR
1 MYR = 0.386 AWG
1 AWG = 2.590 MYR
1 MYR = 1.056 BRL
1 BRL = 0.947 MYR
1 MYR = 0.001 BCH
1 BCH = 1176.241 MYR
1 MYR = 0.000 BTC
1 BTC = 202978.261 MYR
1 MYR = 0.787 AED
1 AED = 1.271 MYR
1 MYR = 178.164 AOA
1 AOA = 0.006 MYR
1 MYR = 0.214 BSD
1 BSD = 4.669 MYR
1 MYR = 187.497 CLP
1 CLP = 0.005 MYR
1 MYR = 0.707 BYN
1 BYN = 1.414 MYR
1 MYR = 864.284 COP
1 COP = 0.001 MYR
1 MYR = 5.516 CUP
1 CUP = 0.181 MYR
1 MYR = 0.000 ETH
1 ETH = 10562.217 MYR
1 MYR = 0.199 EUR
1 EUR = 5.033 MYR
1 MYR = 5.299 HNL
1 HNL = 0.189 MYR
1 MYR = 14.421 GMD
1 GMD = 0.069 MYR
1 MYR = 0.170 GIP
1 GIP = 5.876 MYR
1 MYR = 28.403 HTG
1 HTG = 0.035 MYR
1 MYR = 0.152 JOD
1 JOD = 6.581 MYR
1 MYR = 31.573 JPY
1 JPY = 0.032 MYR
1 MYR = 14.890 AFN
1 AFN = 0.067 MYR
1 MYR = 0.428 BBD
1 BBD = 2.334 MYR
1 MYR = 0.214 BMD
1 BMD = 4.669 MYR
1 MYR = 86.537 AMD
1 AMD = 0.012 MYR
1 MYR = 0.187 CHF
1 CHF = 5.337 MYR
1 MYR = 38.233 DJF
1 DJF = 0.026 MYR
1 MYR = 12.212 DOP
1 DOP = 0.082 MYR
1 MYR = 21.885 CVE
1 CVE = 0.046 MYR
1 MYR = 0.576 GEL
1 GEL = 1.736 MYR
1 MYR = 2.575 GHS
1 GHS = 0.388 MYR
1 MYR = 44.924 GYD
1 GYD = 0.022 MYR
1 MYR = 0.793 ILS
1 ILS = 1.260 MYR
1 MYR = 17.853 INR
1 INR = 0.056 MYR
1 MYR = 29.825 ISK
1 ISK = 0.034 MYR
1 MYR = 883.044 KHR
1 KHR = 0.001 MYR
1 MYR = 32.848 KES
1 KES = 0.030 MYR
1 MYR = 0.066 KWD
1 KWD = 15.127 MYR
1 MYR = 99.028 KZT
1 KZT = 0.010 MYR
1 MYR = 70.449 LKR
1 LKR = 0.014 MYR
1 MYR = 2.169 MAD
1 MAD = 0.461 MYR
1 MYR = 450.929 MMK
1 MMK = 0.002 MYR
1 MYR = 738.995 MNT
1 MNT = 0.001 MYR
1 MYR = 9.446 MUR
1 MUR = 0.106 MYR
1 MYR = 84.796 MRO
1 MRO = 0.012 MYR
1 MYR = 3.290 MVR
1 MVR = 0.304 MYR
1 MYR = 361.476 MWK
1 MWK = 0.003 MYR
1 MYR = 0.348 NZD
1 NZD = 2.872 MYR
1 MYR = 28.622 NPR
1 NPR = 0.035 MYR
1 MYR = 11.855 PHP
1 PHP = 0.084 MYR
1 MYR = 61.092 PKR
1 PKR = 0.016 MYR
1 MYR = 267.375 RWF
1 RWF = 0.004 MYR
1 MYR = 0.003 LTC
1 LTC = 343.525 MYR
1 MYR = 3.714 MXN
1 MXN = 0.269 MYR
1 MYR = 7.860 NIO
1 NIO = 0.127 MYR
1 MYR = 0.987 RON
1 RON = 1.013 MYR
1 MYR = 192.781 KPW
1 KPW = 0.005 MYR
1 MYR = 0.179 KYD
1 KYD = 5.588 MYR
1 MYR = 3227.418 LBP
1 LBP = 0.000 MYR
1 MYR = 1.035 LYD
1 LYD = 0.966 MYR
1 MYR = 4447.788 LAK
1 LAK = 0.000 MYR
1 MYR = 981.699 MGA
1 MGA = 0.001 MYR
1 MYR = 40.296 LRD
1 LRD = 0.025 MYR
1 MYR = 12.230 MKD
1 MKD = 0.082 MYR
1 MYR = 4.057 LSL
1 LSL = 0.246 MYR
1 MYR = 1.729 MOP
1 MOP = 0.578 MYR
1 MYR = 3.796 MDL
1 MDL = 0.263 MYR
1 MYR = 4.066 NAD
1 NAD = 0.246 MYR
1 MYR = 1.000 MYR
1 MYR = 1.000 MYR
1 MYR = 0.082 OMR
1 OMR = 12.126 MYR
1 MYR = 169.523 NGN
1 NGN = 0.006 MYR
1 MYR = 0.811 PGK
1 PGK = 1.233 MYR
1 MYR = 0.214 PAB
1 PAB = 4.669 MYR
1 MYR = 0.806 PEN
1 PEN = 1.241 MYR
1 MYR = 2.344 NOK
1 NOK = 0.427 MYR
1 MYR = 0.862 PLN
1 PLN = 1.160 MYR
1 MYR = 1587.641 PYG
1 PYG = 0.001 MYR
1 MYR = 0.783 QAR
1 QAR = 1.277 MYR
1 MYR = 1.815 SBD
1 SBD = 0.551 MYR
1 MYR = 0.803 SAR
1 SAR = 1.245 MYR
1 MYR = 0.287 SGD
1 SGD = 3.481 MYR
1 MYR = 4491.700 SLL
1 SLL = 0.000 MYR
1 MYR = 7.538 THB
1 THB = 0.133 MYR
1 MYR = 6.747 TWD
1 TWD = 0.148 MYR
1 MYR = 7.879 UAH
1 UAH = 0.127 MYR
1 MYR = 814.971 UGX
1 UGX = 0.001 MYR
1 MYR = 8.097 SRD
1 SRD = 0.124 MYR
1 MYR = 4772.796 STD
1 STD = 0.000 MYR
1 MYR = 6.197 TRY
1 TRY = 0.161 MYR
1 MYR = 1.455 TTD
1 TTD = 0.687 MYR
1 MYR = 0.507 TOP
1 TOP = 1.972 MYR
1 MYR = 2639.070 UZS
1 UZS = 0.000 MYR
1 MYR = 53.621 YER
1 YER = 0.019 MYR
1 MYR = 4.064 ZAR
1 ZAR = 0.246 MYR
1 MYR = 23.273 RSD
1 RSD = 0.043 MYR
1 MYR = 19.816 RUB
1 RUB = 0.050 MYR
1 MYR = 122.720 SOS
1 SOS = 0.008 MYR
1 MYR = 1.879 SVC
1 SVC = 0.532 MYR
1 MYR = 538.188 SYP
1 SYP = 0.002 MYR
1 MYR = 4.056 SZL
1 SZL = 0.247 MYR
1 MYR = 0.670 TND
1 TND = 1.493 MYR
1 MYR = 8.380 UYU
1 UYU = 0.119 MYR
1 MYR = 5200.321 VND
1 VND = 0.000 MYR
1 MYR = 25.430 VUV
1 VUV = 0.039 MYR
1 MYR = 0.600 WST
1 WST = 1.667 MYR
1 MYR = 130.337 XAF
1 XAF = 0.008 MYR
1 MYR = 0.579 XCD
1 XCD = 1.727 MYR
1 MYR = 2.791 SCR
1 SCR = 0.358 MYR
1 MYR = 2.243 SEK
1 SEK = 0.446 MYR
1 MYR = 0.170 SHP
1 SHP = 5.876 MYR
1 MYR = 536.575 TZS
1 TZS = 0.002 MYR
1 MYR = 0.214 USD
1 USD = 4.669 MYR
1 MYR = 23.710 XPF
1 XPF = 0.042 MYR
1 MYR = 130.337 XOF
1 XOF = 0.008 MYR

Evolution of the MYR Exchange Rate

The Malaysian ringgit (MYR) has experienced various changes in its exchange rate over time. Historically, the MYR was pegged to the US dollar at a fixed rate until the Asian financial crisis in the late 1990s. After that, Malaysia removed the peg and transitioned to a managed floating exchange rate regime. Since then, the MYR has been influenced by various factors such as domestic economic conditions, global market trends, and central bank interventions.

Variations in the MYR Exchange Rate

The MYR exchange rate has shown fluctuations against major currencies like the US dollar, euro, and Japanese yen. Factors affecting these variations include changes in global oil prices, commodity prices, political events, and economic indicators. For instance, during periods of economic growth and stability, the MYR tends to strengthen, while during periods of economic uncertainty or external shocks, it may depreciate.

Significance of MYR in the Global Economy

The MYR plays a crucial role in the global economy, particularly in Southeast Asia. Malaysia is a major exporter of commodities and manufactured goods, making the MYR's exchange rate important for international trade. Additionally, Malaysia attracts foreign investment, and fluctuations in the MYR exchange rate can affect investor sentiment and the country's competitiveness in attracting capital.

Shocks Experienced by MYR and Correlation with Other Currencies

The MYR has been exposed to several shocks, including the Asian financial crisis, global financial crises, and oil price fluctuations. These shocks impacted the MYR exchange rate, leading to depreciation or appreciation. The MYR has shown correlation with other currencies, especially those of regional economies, due to bilateral trade and financial linkages. However, it also has some correlation with major global currencies due to interconnected global financial markets.