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Best MYR to CNY Exchange Rates Compared Live

The best MYR to CNY exchange rate is 1.5274. Compare foreign transfer and currency exchange rates, find better rates & deals.

MYR-CNY Best Exchange Rate Calculator
 

Comparing MYR-CNY exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Malaysian ringgit (MYR) to Chinese yuan (CNY) rates from different sources before making a conversion.

The above Ringgit to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest MYR-CNY mid-rate (see below) and the possible savings of using another provider.

 
 

MYR to CNY Market Data

Malaysian ringgit (MYR) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 MYR =
1.5274We compare provider deals to this wholesale mid-market rate. Read more
CNY
-0.1%
📈1W
MYR to CNY at 1.5269 is just 0.6% above its 3-month average of 1.5171, having traded in a very stable 3.8% range from 1.4885 to 1.5448
|
Sell MYR   â†’   Buy CNY
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  1 CNY = 0.6547 MYR
DateMYR/CNYChangePeriod
13 Mar 2024
1.5332
0.4% â–¼2 Week
28 Dec 2023
1.5427
1% â–¼3 Month
28 Mar 2023
1.5588
2% â–¼1 Year
29 Mar 2019
1.6441
7.1% â–¼5 Year
30 Mar 2014
1.8984
19.6% â–¼10 Year
01 Apr 2004
2.1781
29.9% â–¼20 Year
MYR/CNY historic rates & change to 27-Mar-2024
 

What are equivalent amounts of MYR and CNY?

Here are some popular conversion amounts for MYR to CNY (Malaysian ringgit to Chinese yuan)*.

MYR CNY
RM 1 ¥ 1.5274
RM 5 ¥ 7.6370
RM 10 ¥ 15.27
RM 20 ¥ 30.55
RM 50 ¥ 76.37
RM 100 ¥ 152.74
RM 250 ¥ 381.85
RM 500 ¥ 763.70
RM 1,000 ¥ 1,527
RM 2,000 ¥ 3,055
RM 5,000 ¥ 7,637
RM 10,000 ¥ 15,274
RM 20,000 ¥ 30,548
RM 50,000 ¥ 76,370
RM 100,000 ¥ 152,740
MYR CNY
RM 0.6547 ¥ 1
RM 3.2735 ¥ 5
RM 6.5470 ¥ 10
RM 13.09 ¥ 20
RM 32.74 ¥ 50
RM 65.47 ¥ 100
RM 163.68 ¥ 250
RM 327.35 ¥ 500
RM 654.70 ¥ 1,000
RM 1,309 ¥ 2,000
RM 3,274 ¥ 5,000
RM 6,547 ¥ 10,000
RM 13,094 ¥ 20,000
RM 32,735 ¥ 50,000
RM 65,470 ¥ 100,000

More amounts

*Converted at the current MYRCNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for MYR to CNY

 

FX analysts have varied outlooks for the Malaysian Ringgit (MYR) against the Chinese Yuan (CNY) based on recent forecasts and currency market updates. While some analysts expect the MYR to weaken further against a robust USD, others believe the MYR could experience intermittent bounces. Hong Leong Bank analysts hold a neutral-to-bearish view for the MYR, cautioning that sustained USD strength may negatively impact the Malaysian currency. Societe Generale anticipates the USD/MYR pair trending higher, potentially reaching towards 4.95, signaling a bearish outlook. Additionally, Maybank foresees the MYR remaining under pressure in the near term.

Read our full review of recent MYR to CNY forecasts.

 

How to get a good MYR to CNY exchange rate

There are several ways to save on exchange rates when converting Malaysian ringgit to Chinese yuan:

  1. Shop around for the best MYR/CNY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the MYR/CNY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and CNY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Chinese yuan with Malaysian ringgit, then it's better for the MYR/CNY exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Malaysian ringgit rise against the Chinese yuan?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MYR/CNY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to China - a practical currency and money guide to travel, living and doing business in China with the Chinese yuan.

 
 
 

Currency Country Guides

ChinaChina (CNY)MalaysiaMalaysia (MYR)
 

How is the Expat life in China?

The expat life in China can vary greatly depending on a number of factors, including one's location, job, and personal circumstances.

Read more at our China (CNY) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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