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        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  BER Research BER Research
         

        1 MYR = 0.2386 USD
        Sell MYR  →  Buy USD
        MYR to USD at 0.2386 is near average of its 90-day range 0.2359-0.2415.
        |
          1 USD = 4.1915 MYR
         
        14-DAY▼LOW

        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
        0.2389
        12 Jan 2022
        		0.1% ▼2 Weeks
        0.2410
        28 Oct 2021
        		1% ▼90 Days
        0.2470
        26 Jan 2021
        		3.4% ▼1 Year
        0.2256
        27 Jan 2017
        		5.8% ▲5 Years
        0.3289
        29 Jan 2012
        		27.5% ▼10 Years
        0.2632
        31 Jan 2002
        		9.3% ▼20 Years
        MYR/USD change over periods to 26-Jan-2022

         

        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.

         

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        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
        0.3217
        12 Jan 2022
        		0.1% ▼2 Weeks
        0.3239
        28 Oct 2021
        		0.7% ▼90 Days
        0.3272
        26 Jan 2021
        		1.7% ▼1 Year
        0.3230
        27 Jan 2017
        		0.5% ▼5 Years
        0.4119
        29 Jan 2012
        		21.9% ▼10 Years
        0.4830
        31 Jan 2002
        		33.4% ▼20 Years
        MYR/SGD change over periods to 26-Jan-2022

        MYR to SGD – Compare and Save

        MYR/AUD wasChangePeriod
        0.3281
        12 Jan 2022
        		2.2% ▲2 Weeks
        0.3200
        28 Oct 2021
        		4.8% ▲90 Days
        0.3186
        26 Jan 2021
        		5.2% ▲1 Year
        0.2989
        27 Jan 2017
        		12.2% ▲5 Years
        0.3085
        29 Jan 2012
        		8.7% ▲10 Years
        0.5184
        31 Jan 2002
        		35.3% ▼20 Years
        MYR/AUD change over periods to 26-Jan-2022

        MYR to AUD – Compare and Save

         

         

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        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.