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Malaysian ringgit Markets

MYR Currency Update - Our review of Malaysian ringgit forecasts and news plus charts and historic rates. Check MYR Trends over various time periods.

 

The Malaysian Ringgit (MYR) has demonstrated a resilient performance recently, supported by a confluence of favorable economic indicators and external monetary policies. Analysts note that the U.S. Federal Reserve's rate-cutting cycle, initiated in September 2025, has led to a weakening of the U.S. dollar, subsequently providing a boost to the MYR. This dynamic has positioned the MYR to achieve 30-day highs near 0.2377 against the USD, slightly above its three-month average while remaining within a stable trading range.

Investor confidence in the MYR is further bolstered by Malaysia's strong economic fundamentals, including consistent GDP growth and influxes of foreign direct investment. Economists highlight Malaysia's impressive trade performance, as the country recorded a trade surplus of MYR 16.1 billion in August 2025, attributed to increased exports and diversification into emerging markets.

Bank Negara Malaysia has opted to maintain the Overnight Policy Rate at 3.00%, reflecting a cautious monetary policy stance amid ongoing external uncertainties. This stability is evident in other currency pairs, with the MYR trading at 7-day highs against the EUR at 0.2040, 1.1% above its three-month average against the GBP at 0.1781, and achieving 2.9% above its three-month average against the JPY at 36.27.

Despite these positive developments for the MYR, fluctuations in global oil prices — currently at 65.62 USD per barrel, 1.4% below the three-month average — remain critical, as Malaysia is a significant oil exporter. The recent volatility in oil prices, with a notable range of 20.4%, may influence MYR's future performance.

Overall, the combination of supportive domestic economic factors and external monetary influences has placed the MYR on an upward trajectory, and market participants are keenly monitoring both domestic policies and global market conditions that could further shape its outlook.

 

US dollar to Malaysian ringgit - USD/MYR Trend

 
USD to MYR is at 14-day lows near 4.2088, just below its 3-month average, having traded in a very stable 2.1% range from 4.1885 to 4.2775
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MYR
 
14dLows
1d−0.4%
 
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Top MYR Rates


Malaysian ringgit to US dollar
MYRUSD 90 day chart

MYR to USD is at 30-day highs near 0.2377, just above its 3-month average, having traded in a very stable 2.1% range from 0.2338 to 0.2387
MYR to USD
0.2382
30dHighs
1d+0.4%

Malaysian ringgit to Singapore dollar
MYRSGD 90 day chart

MYR to SGD is at 14-day highs near 0.3081, just 0.9% above its 3-month average of 0.3052, having traded in a very stable 2.3% range from 0.3013 to 0.3083
MYR to SGD
0.3089
14dHighs
1d+0.3%

Malaysian ringgit to New Taiwan dollar
MYRTWD 90 day chart

MYR to TWD at 7.2741 is 1.2% above its 3-month average of 7.1892, having traded in a quite stable 5.2% range from 6.9454 to 7.3031
MYR to TWD
7.2996
90dHighs
1d−0.4%

Malaysian ringgit to Australian dollar
MYRAUD 90 day chart

MYR to AUD at 0.3624 is near its 3-month average, having traded in a very stable 3.7% range from 0.3556 to 0.3687
MYR to AUD
0.3636
1d+0.2%

Malaysian ringgit to Hong Kong dollar
MYRHKD 90 day chart

MYR to HKD is at 14-day highs near 1.8456, near its 3-month average, having traded in a stable 1.7% range from 1.8350 to 1.8657
MYR to HKD
1.8511
14dHighs
1d+0.3%

Malaysian ringgit to Indian rupee
MYRINR 90 day chart

MYR to INR is at 7-day highs near 20.96, just 0.5% above its 3-month average of 20.85, having traded in a very stable 3.7% range from 20.38 to 21.14
MYR to INR
21.04
1d+0.8%

Malaysian ringgit to Chinese yuan
MYRCNY 90 day chart

MYR to CNY is at 14-day highs near 1.6894, near its 3-month average, having traded in a stable 1.3% range from 1.6840 to 1.7053
MYR to CNY
1.6918
14dHighs
1d+0.2%

Malaysian ringgit to Philippine peso
MYRPHP 90 day chart

MYR to PHP at 13.96 is 2.4% above its 3-month average of 13.63, having traded in a quite stable 4.6% range from 13.36 to 13.97
MYR to PHP
14.11
1d+0.4%

A-Z


Malaysian ringgit to Australian dollar
MYRAUD 90 day chart

MYR to AUD at 0.3624 is near its 3-month average, having traded in a very stable 3.7% range from 0.3556 to 0.3687
MYR to AUD
0.3636
1d+0.2%

Malaysian ringgit to Chinese yuan
MYRCNY 90 day chart

MYR to CNY is at 14-day highs near 1.6894, near its 3-month average, having traded in a stable 1.3% range from 1.6840 to 1.7053
MYR to CNY
1.6918
14dHighs
1d+0.2%

Malaysian ringgit to Euro
MYREUR 90 day chart

MYR to EUR is at 7-day highs near 0.2040, just 0.5% above its 3-month average of 0.2029, having traded in a very stable 3.2% range from 0.2004 to 0.2069
MYR to EUR
0.2049
1d+0.2%

Malaysian ringgit to British pound
MYRGBP 90 day chart

MYR to GBP at 0.1781 is 1.1% above its 3-month average of 0.1762, having traded in a very stable 2.3% range from 0.1743 to 0.1783
MYR to GBP
0.1795
1d+0.2%

Malaysian ringgit to Hong Kong dollar
MYRHKD 90 day chart

MYR to HKD is at 14-day highs near 1.8456, near its 3-month average, having traded in a stable 1.7% range from 1.8350 to 1.8657
MYR to HKD
1.8511
14dHighs
1d+0.3%

Malaysian ringgit to Indian rupee
MYRINR 90 day chart

MYR to INR is at 7-day highs near 20.96, just 0.5% above its 3-month average of 20.85, having traded in a very stable 3.7% range from 20.38 to 21.14
MYR to INR
21.04
1d+0.8%

Malaysian ringgit to Japanese yen
MYRJPY 90 day chart

MYR to JPY at 36.27 is 2.9% above its 3-month average of 35.25, having traded in a quite stable 5.5% range from 34.43 to 36.32
MYR to JPY
36.29
1d+0.2%

Malaysian ringgit to Singapore dollar
MYRSGD 90 day chart

MYR to SGD is at 14-day highs near 0.3081, just 0.9% above its 3-month average of 0.3052, having traded in a very stable 2.3% range from 0.3013 to 0.3083
MYR to SGD
0.3089
14dHighs
1d+0.3%

Malaysian ringgit to Thai baht
MYRTHB 90 day chart

MYR to THB at 7.7548 is 1.3% above its 3-month average of 7.6589, having traded in a very stable 3.5% range from 7.5130 to 7.7738
MYR to THB
7.7352
1d+0.4%

Malaysian ringgit to New Taiwan dollar
MYRTWD 90 day chart

MYR to TWD at 7.2741 is 1.2% above its 3-month average of 7.1892, having traded in a quite stable 5.2% range from 6.9454 to 7.3031
MYR to TWD
7.2996
90dHighs
1d−0.4%

Malaysian ringgit to US dollar
MYRUSD 90 day chart

MYR to USD is at 30-day highs near 0.2377, just above its 3-month average, having traded in a very stable 2.1% range from 0.2338 to 0.2387
MYR to USD
0.2382
30dHighs
1d+0.4%

Malaysian ringgit to Vietnamese dong
MYRVND 90 day chart

MYR to VND is at 14-day highs near 6250, just above its 3-month average, having traded in a very stable 2.7% range from 6130 to 6297
MYR to VND
6,271.9
14dHighs
1d+0.4%