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MYR to CNY - Compare Rates

Malaysian Ringgit to Chinese Yuan exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest interbank rate (wholesale):

1 MYR = 1.6452 CNY

Sell MYR / Buy CNY 


MYR/CNY - Trend & Alerts

MYR/CNY at 1.6452 is near its 90-DAY average, range 1.6343 - 1.664 .
🔔 Today MYR/CNY is UP 0.6%
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Alert:1-DAY0.6% |
 
 

Comparing MYR CNY Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Malaysian Ringgit to Chinese Yuan - Quick Conversions

MYR CNY
RM 1 ¥ 1.6452
RM 5 ¥ 8.2260
RM 10 ¥ 16.45
RM 20 ¥ 32.90
RM 50 ¥ 82.26
RM 100 ¥ 164.52
RM 250 ¥ 411.30
RM 500 ¥ 822.60
RM 1,000 ¥ 1,645
RM 2,000 ¥ 3,290
RM 5,000 ¥ 8,226
RM 10,000 ¥ 16,452
RM 50,000 ¥ 82,260
RM 100,000 ¥ 164,520
More amounts
MYR CNY
RM 0.6078 ¥ 1
RM 3.0390 ¥ 5
RM 6.0780 ¥ 10
RM 12.16 ¥ 20
RM 30.39 ¥ 50
RM 60.78 ¥ 100
RM 151.95 ¥ 250
RM 303.90 ¥ 500
RM 607.80 ¥ 1,000
RM 1,216 ¥ 2,000
RM 3,039 ¥ 5,000
RM 6,078 ¥ 10,000
RM 30,390 ¥ 50,000
RM 60,780 ¥ 100,000
More amounts

To calculate other MYR/CNY FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate MYR to CNY .

Country Guides - Chinese Yuan

 
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Malaysian Ringgit - Chinese Yuan Forecasting

When determining the best time to make a foreign exchange transaction, in this case the MYR vs CNY, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

The Malaysian ringgit is up around 2.5% against the US dollar for 2020 (in August) and is gaining favour from bank commentators such as HSBC due to the attraction of the carry trade - the ability to earn higher interest when holding MYR versus other major currencies.

Read more in the article MYR Forecasts.

 

Chinese Yuan (CNY)

Westpac see 10% growth in China next year with a corresponding positive impact on the iron ore price and commodity linked currencies such as AUD. NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

In early August the offshore yuan surged to a decade high of 7.05 per US dollar, breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks.

Trade tensions have ramped up again since May when President Trump announced higher tariffs on Chinese goods, after China retaliated with tariffs of its own, and then after Trump placed Huawei on the "entity list," thereby making it impossible for the tech giant to do business with US firms.

 

How to get Best MYR to CNY Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

Will MYR rise or fall against CNY?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Malaysian Ringgit vs Chinese Yuan current value is to look the MYR/CNY historic rate and change over a range of periods.

The following table looks at the change in the MYR to CNY exchange rate over periods from the previous week back to the last 10 years.

MYR/CNY ratePeriod
08 Sep 2020 : 1.64271 Week
16 Aug 2020 : 1.658630 Days
17 Jun 2020 : 1.655390 Days
16 Sep 2019 : 1.69571 Year
17 Sep 2015 : 1.50445 Years
18 Sep 2010 : 2.167410 Years

MYR/CNY 10 year historic rates

 

When is the best time to exchange MYR to CNY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts