Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    Malaysian Ringgit MYR Forecasts 2021

    Forecasts for the Malaysian ringgit change all the time, affected by news events such as the Coronavirus and relative sentiment towards the Malaysian economy. This continually updated article reviews MYR bank forecasts and popular cross-rate trends.

    Updated: Oct 10, 2021  
     

    1 MYR = 0.2397 USD
    Sell MYR  →  Buy USD
    MYR to USD at 0.2397 is 0.5% above its 90-day average, range 0.2358-0.2418.
    |
      1 USD = 4.1715 MYR
     
    30-DAYHIGH1d

    Malaysian ringgit Outlook

    The Malaysian ringgit has fallen below 24 cents as a firmer US dollar kept Asian currencies subdued while escalating woes at indebted developer China Evergrande switched markets to safe haven mode.

    MYR/USD wasChangePeriod
    0.2396
    04 Oct 2021
    0% 2 Weeks
    0.2367
    20 Jul 2021
    1.3% 90 Days
    0.2410
    18 Oct 2020
    0.5% 1 Year
    0.2396
    19 Oct 2016
    0% 5 Years
    0.3179
    21 Oct 2011
    24.6% 10 Years
    0.2632
    23 Oct 2001
    8.9% 20 Years
    MYR/USD change over periods to 18-Oct-2021

     

    MYR in the markets

    Early signs of raised US interest rates will likely again lead to an exodus of cash from emerging markets and be negative for MYR.

    You can also read our full Foreign Exchange Guide to Malaysia.

     

    Loading rates...

    ProviderAmountsRateCost
       
       
       
       
     

    MYR Foreign Transfers – Compare and Save

     

    What is a good Malaysian ringgit exchange rate?

    Whether the ringgit will rise or drop in the future is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate’s relative value is to look at the rate’s history against a range of currencies and in particular against the currency you are interested in exchanging.

    MYR to USD – Compare and Save

    MYR/SGD wasChangePeriod
    0.3251
    04 Oct 2021
    0.5% 2 Weeks
    0.3234
    20 Jul 2021
    0% 90 Days
    0.3273
    18 Oct 2020
    1.2% 1 Year
    0.3321
    19 Oct 2016
    2.6% 5 Years
    0.4049
    21 Oct 2011
    20.1% 10 Years
    0.4806
    23 Oct 2001
    32.7% 20 Years
    MYR/SGD change over periods to 18-Oct-2021

    MYR to SGD – Compare and Save

    MYR/AUD wasChangePeriod
    0.3286
    04 Oct 2021
    1.6% 2 Weeks
    0.3226
    20 Jul 2021
    0.2% 90 Days
    0.3398
    18 Oct 2020
    4.8% 1 Year
    0.3102
    19 Oct 2016
    4.3% 5 Years
    0.3079
    21 Oct 2011
    5% 10 Years
    0.5178
    23 Oct 2001
    37.5% 20 Years
    MYR/AUD change over periods to 18-Oct-2021

    MYR to AUD – Compare and Save

     

     
    Posted under: #Forecasts #MYR

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.