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Malaysian ringgit (MYR) Market Update, Forecast & Key Drivers

Latest Malaysian ringgit news, forecasts and analysis. See what’s driving MYR exchange rates right now, including central-bank policy, global risk sentiment and major economic events.

 

MYR Market Update

15 Apr 2026 • 00:32 GMT

MYR/USD 0.2531

The Malaysian ringgit remains relatively stable against the US dollar, trading near 14-day highs around 0.2531. This level is close to its three-month average, reflecting steady momentum supported by Malaysia’s resilient economy and positive investor sentiment. The currency has traded within a narrow range, indicating limited volatility so far.

Recent positive developments in Malaysia’s economic outlook, including moderate growth forecasts and supportive government initiatives, continue to underpin the ringgit’s strength. Additionally, external factors such as the US dollar’s recent pullback amid easing geopolitical tensions and declining safe-haven demand have provided further support.

While the US dollar experienced a brief rebound earlier this month, its recent decline has helped the ringgit maintain its gains. Market focus remains on US Treasury yields and global geopolitical developments, which could influence currency movements moving forward.

Overall, the ringgit’s prospects appear stable, with current levels reflecting a cautious but positive outlook in the context of global market conditions.

📊 Quick forecast view

🔴 Mild downside

0.2520 – 0.2570

🌍 Global risk sentiment

🟢 Uptrend

 

US dollar to Malaysian ringgit - USD/MYR Trend

 
USD to MYR is at 14-day lows near 3.9505, near its 3-month average, having traded in a quite stable 4.4% range from 3.8860 to 4.0575
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1 USD =
3.9550We compare provider deals to this wholesale mid-market rate. Read more
MYR
 
1d−0.6%
 
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Top MYR Rates


Malaysian ringgit to US dollar
MYRUSD 90 day chart
MYR to USD
0.2528
1d+0.6%

Malaysian ringgit to Singapore dollar
MYRSGD 90 day chart
MYR to SGD
0.3215
1d+0.4%

Malaysian ringgit to New Taiwan dollar
MYRTWD 90 day chart
MYR to TWD
7.9949
1d+0.2%

Malaysian ringgit to Australian dollar
MYRAUD 90 day chart
MYR to AUD
0.3530
1d+0.2%

Malaysian ringgit to Hong Kong dollar
MYRHKD 90 day chart
MYR to HKD
1.9807
1d+0.7%

Malaysian ringgit to Indian rupee
MYRINR 90 day chart
MYR to INR
23.59
1d−0.8%

Malaysian ringgit to Chinese yuan
MYRCNY 90 day chart
MYR to CNY
1.7240
1d+0.4%

Malaysian ringgit to Philippine peso
MYRPHP 90 day chart
MYR to PHP
15.19
1d+0.4%

A-Z


Malaysian ringgit to Australian dollar
MYRAUD 90 day chart
MYR to AUD
0.3530
1d+0.2%

Malaysian ringgit to Chinese yuan
MYRCNY 90 day chart
MYR to CNY
1.7240
1d+0.4%

Malaysian ringgit to Euro
MYREUR 90 day chart
MYR to EUR
0.2144
1d+0.3%

Malaysian ringgit to British pound
MYRGBP 90 day chart
MYR to GBP
0.1863
1d+0.2%

Malaysian ringgit to Hong Kong dollar
MYRHKD 90 day chart
MYR to HKD
1.9807
1d+0.7%

Malaysian ringgit to Indian rupee
MYRINR 90 day chart
MYR to INR
23.59
1d−0.8%

Malaysian ringgit to Japanese yen
MYRJPY 90 day chart
MYR to JPY
40.21
1d+0.2%

Malaysian ringgit to Singapore dollar
MYRSGD 90 day chart
MYR to SGD
0.3215
1d+0.4%

Malaysian ringgit to Thai baht
MYRTHB 90 day chart
MYR to THB
8.1037
1d+0.4%

Malaysian ringgit to New Taiwan dollar
MYRTWD 90 day chart
MYR to TWD
7.9949
1d+0.2%

Malaysian ringgit to US dollar
MYRUSD 90 day chart
MYR to USD
0.2528
1d+0.6%

Malaysian ringgit to Vietnamese dong
MYRVND 90 day chart
MYR to VND
6,657.3
1d+0.6%