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Malaysian ringgit (MYR) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
1.6750 – 1.7220
⚖️ Interest-rate differentials
⚪ Range-bound
Currently, MYR/CNY is trading close to its 60-day lows around 1.7222, holding near the lower end of its three-month range. The dominant driver remains the rate differential, with the pair's recent position...
Currently, MYR/USD is trading close to 60-day lows around 0.2492, holding near recent support levels. The pair remains supported by risk-averse flows into USD due to safe-haven demand and inflation concerns in the US.
Currently, USD/CNY is trading close to its 30-day highs near 6.9119, just below the 3-month average, supported by risk-off flows and safe-haven demand. Over the next few sessions, the pair may remain supported...
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-CNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OCBC Bank MYR to CNY exchange rate is 1.6544. This is -3.5% compared to the latest MYR-CNY mid-market rate 1.7144.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above OCBC Bank - Ringgit to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OCBC Bank and other foreign exchange providers against the latest MYR-CNY mid-rate and the possible savings of using various providers.
Looking at the full MYR to CNY - Send Money comparison table the provider with the best MYR to CNY exchange rate is Wise at 1.7041, -0.6% from the latest mid-market rate 1.7144.
Among the banks the CIMB Bank rate is 1.6613 at -3.1% the OCBC Bank rate is 1.6544 at -3.5% and the Maybank rate is 1.6544 at -3.5% compared to the mid-rate 1.7144.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: