Malaysian ringgit

The Malaysian ringgit is the currency of Malaysia (MY)
1 MYR = 0.324 AUD
1 AUD = 3.085 MYR
1 MYR = 181.422 ARS
1 ARS = 0.006 MYR
1 MYR = 611.181 BIF
1 BIF = 0.002 MYR
1 MYR = 0.081 BHD
1 BHD = 12.410 MYR
1 MYR = 1.477 BOB
1 BOB = 0.677 MYR
1 MYR = 0.363 AZN
1 AZN = 2.751 MYR
1 MYR = 17.693 BTN
1 BTN = 0.057 MYR
1 MYR = 109.334 CRC
1 CRC = 0.009 MYR
1 MYR = 4.955 CZK
1 CZK = 0.202 MYR
1 MYR = 1.535 CNY
1 CNY = 0.651 MYR
1 MYR = 1.461 DKK
1 DKK = 0.684 MYR
1 MYR = 12.135 ETB
1 ETB = 0.082 MYR
1 MYR = 1837.118 GNF
1 GNF = 0.001 MYR
1 MYR = 1.476 HRK
1 HRK = 0.677 MYR
1 MYR = 3322.523 IDR
1 IDR = 0.000 MYR
1 MYR = 33.176 JMD
1 JMD = 0.030 MYR
1 MYR = 19.119 KGS
1 KGS = 0.052 MYR
1 MYR = 0.382 BAM
1 BAM = 2.615 MYR
1 MYR = 0.385 ANG
1 ANG = 2.596 MYR
1 MYR = 2.901 BWP
1 BWP = 0.345 MYR
1 MYR = 0.284 BND
1 BND = 3.516 MYR
1 MYR = 593.125 CDF
1 CDF = 0.002 MYR
1 MYR = 0.431 BZD
1 BZD = 2.321 MYR
1 MYR = 6980.096 BYR
1 BYR = 0.000 MYR
1 MYR = 0.382 BGN
1 BGN = 2.614 MYR
1 MYR = 0.289 CAD
1 CAD = 3.463 MYR
1 MYR = 28.744 DZD
1 DZD = 0.035 MYR
1 MYR = 3.207 ERN
1 ERN = 0.312 MYR
1 MYR = 10.433 EGP
1 EGP = 0.096 MYR
1 MYR = 0.477 FJD
1 FJD = 2.095 MYR
1 MYR = 0.168 GBP
1 GBP = 5.969 MYR
1 MYR = 0.168 FKP
1 FKP = 5.969 MYR
1 MYR = 1.669 GTQ
1 GTQ = 0.599 MYR
1 MYR = 1.673 HKD
1 HKD = 0.598 MYR
1 MYR = 78.089 HUF
1 HUF = 0.013 MYR
1 MYR = 279.991 IQD
1 IQD = 0.004 MYR
1 MYR = 8987.173 IRR
1 IRR = 0.000 MYR
1 MYR = 96.323 KMF
1 KMF = 0.010 MYR
1 MYR = 280.644 KRW
1 KRW = 0.004 MYR
1 MYR = 20.322 ALL
1 ALL = 0.049 MYR
1 MYR = 23.457 BDT
1 BDT = 0.043 MYR
1 MYR = 0.385 AWG
1 AWG = 2.599 MYR
1 MYR = 1.065 BRL
1 BRL = 0.939 MYR
1 MYR = 0.000 BCH
1 BCH = 2000.642 MYR
1 MYR = 0.000 BTC
1 BTC = 334107.143 MYR
1 MYR = 0.785 AED
1 AED = 1.274 MYR
1 MYR = 178.315 AOA
1 AOA = 0.006 MYR
1 MYR = 0.214 BSD
1 BSD = 4.678 MYR
1 MYR = 206.020 CLP
1 CLP = 0.005 MYR
1 MYR = 0.699 BYN
1 BYN = 1.430 MYR
1 MYR = 836.485 COP
1 COP = 0.001 MYR
1 MYR = 5.505 CUP
1 CUP = 0.182 MYR
1 MYR = 0.000 ETH
1 ETH = 18785.141 MYR
1 MYR = 0.196 EUR
1 EUR = 5.104 MYR
1 MYR = 5.278 HNL
1 HNL = 0.189 MYR
1 MYR = 14.532 GMD
1 GMD = 0.069 MYR
1 MYR = 0.168 GIP
1 GIP = 5.969 MYR
1 MYR = 28.338 HTG
1 HTG = 0.035 MYR
1 MYR = 0.152 JOD
1 JOD = 6.598 MYR
1 MYR = 31.598 JPY
1 JPY = 0.032 MYR
1 MYR = 15.162 AFN
1 AFN = 0.066 MYR
1 MYR = 0.428 BBD
1 BBD = 2.339 MYR
1 MYR = 0.214 BMD
1 BMD = 4.678 MYR
1 MYR = 86.091 AMD
1 AMD = 0.012 MYR
1 MYR = 0.188 CHF
1 CHF = 5.322 MYR
1 MYR = 38.061 DJF
1 DJF = 0.026 MYR
1 MYR = 12.632 DOP
1 DOP = 0.079 MYR
1 MYR = 21.554 CVE
1 CVE = 0.046 MYR
1 MYR = 0.568 GEL
1 GEL = 1.762 MYR
1 MYR = 2.740 GHS
1 GHS = 0.365 MYR
1 MYR = 44.763 GYD
1 GYD = 0.022 MYR
1 MYR = 0.782 ILS
1 ILS = 1.278 MYR
1 MYR = 17.699 INR
1 INR = 0.057 MYR
1 MYR = 29.137 ISK
1 ISK = 0.034 MYR
1 MYR = 865.601 KHR
1 KHR = 0.001 MYR
1 MYR = 29.717 KES
1 KES = 0.034 MYR
1 MYR = 0.066 KWD
1 KWD = 15.227 MYR
1 MYR = 95.917 KZT
1 KZT = 0.010 MYR
1 MYR = 65.655 LKR
1 LKR = 0.015 MYR
1 MYR = 2.145 MAD
1 MAD = 0.466 MYR
1 MYR = 448.853 MMK
1 MMK = 0.002 MYR
1 MYR = 737.573 MNT
1 MNT = 0.001 MYR
1 MYR = 9.789 MUR
1 MUR = 0.102 MYR
1 MYR = 84.988 MRO
1 MRO = 0.012 MYR
1 MYR = 3.292 MVR
1 MVR = 0.304 MYR
1 MYR = 359.782 MWK
1 MWK = 0.003 MYR
1 MYR = 0.348 NZD
1 NZD = 2.875 MYR
1 MYR = 28.308 NPR
1 NPR = 0.035 MYR
1 MYR = 11.846 PHP
1 PHP = 0.084 MYR
1 MYR = 59.664 PKR
1 PKR = 0.017 MYR
1 MYR = 274.324 RWF
1 RWF = 0.004 MYR
1 MYR = 0.002 LTC
1 LTC = 454.038 MYR
1 MYR = 3.599 MXN
1 MXN = 0.278 MYR
1 MYR = 7.866 NIO
1 NIO = 0.127 MYR
1 MYR = 0.973 RON
1 RON = 1.027 MYR
1 MYR = 192.410 KPW
1 KPW = 0.005 MYR
1 MYR = 0.178 KYD
1 KYD = 5.614 MYR
1 MYR = 19139.904 LBP
1 LBP = 0.000 MYR
1 MYR = 1.027 LYD
1 LYD = 0.973 MYR
1 MYR = 4460.631 LAK
1 LAK = 0.000 MYR
1 MYR = 961.984 MGA
1 MGA = 0.001 MYR
1 MYR = 40.962 LRD
1 LRD = 0.024 MYR
1 MYR = 12.072 MKD
1 MKD = 0.083 MYR
1 MYR = 3.970 LSL
1 LSL = 0.252 MYR
1 MYR = 1.722 MOP
1 MOP = 0.581 MYR
1 MYR = 3.752 MDL
1 MDL = 0.267 MYR
1 MYR = 3.970 NAD
1 NAD = 0.252 MYR
1 MYR = 1.000 MYR
1 MYR = 1.000 MYR
1 MYR = 0.082 OMR
1 OMR = 12.150 MYR
1 MYR = 336.759 NGN
1 NGN = 0.003 MYR
1 MYR = 0.816 PGK
1 PGK = 1.225 MYR
1 MYR = 0.214 PAB
1 PAB = 4.678 MYR
1 MYR = 0.789 PEN
1 PEN = 1.268 MYR
1 MYR = 2.249 NOK
1 NOK = 0.445 MYR
1 MYR = 0.840 PLN
1 PLN = 1.190 MYR
1 MYR = 1558.200 PYG
1 PYG = 0.001 MYR
1 MYR = 0.779 QAR
1 QAR = 1.283 MYR
1 MYR = 1.804 SBD
1 SBD = 0.554 MYR
1 MYR = 0.802 SAR
1 SAR = 1.247 MYR
1 MYR = 0.285 SGD
1 SGD = 3.509 MYR
1 MYR = 4483.057 SLL
1 SLL = 0.000 MYR
1 MYR = 7.640 THB
1 THB = 0.131 MYR
1 MYR = 6.728 TWD
1 TWD = 0.149 MYR
1 MYR = 8.230 UAH
1 UAH = 0.122 MYR
1 MYR = 835.292 UGX
1 UGX = 0.001 MYR
1 MYR = 7.560 SRD
1 SRD = 0.132 MYR
1 MYR = 4763.613 STD
1 STD = 0.000 MYR
1 MYR = 6.852 TRY
1 TRY = 0.146 MYR
1 MYR = 1.452 TTD
1 TTD = 0.689 MYR
1 MYR = 0.505 TOP
1 TOP = 1.981 MYR
1 MYR = 2678.931 UZS
1 UZS = 0.000 MYR
1 MYR = 53.511 YER
1 YER = 0.019 MYR
1 MYR = 4.002 ZAR
1 ZAR = 0.250 MYR
1 MYR = 22.967 RSD
1 RSD = 0.044 MYR
1 MYR = 19.524 RUB
1 RUB = 0.051 MYR
1 MYR = 122.157 SOS
1 SOS = 0.008 MYR
1 MYR = 1.870 SVC
1 SVC = 0.535 MYR
1 MYR = 537.152 SYP
1 SYP = 0.002 MYR
1 MYR = 3.969 SZL
1 SZL = 0.252 MYR
1 MYR = 0.662 TND
1 TND = 1.511 MYR
1 MYR = 8.301 UYU
1 UYU = 0.120 MYR
1 MYR = 5270.294 VND
1 VND = 0.000 MYR
1 MYR = 25.381 VUV
1 VUV = 0.039 MYR
1 MYR = 0.599 WST
1 WST = 1.671 MYR
1 MYR = 128.526 XAF
1 XAF = 0.008 MYR
1 MYR = 0.578 XCD
1 XCD = 1.731 MYR
1 MYR = 2.871 SCR
1 SCR = 0.348 MYR
1 MYR = 2.192 SEK
1 SEK = 0.456 MYR
1 MYR = 0.168 SHP
1 SHP = 5.969 MYR
1 MYR = 545.028 TZS
1 TZS = 0.002 MYR
1 MYR = 0.214 USD
1 USD = 4.678 MYR
1 MYR = 23.382 XPF
1 XPF = 0.043 MYR
1 MYR = 128.526 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.