Malaysian Ringgit

Malaysian Ringgit

The Malaysian ringgit (; plural: ringgit; symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

4 Malaysian Ringgit to US Dollar exchange rates chart

4 MYR to USD exchange rates graph
4 MYR to USD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

4 MYR to USD exchange rates table

Exchange MYR to USD
4 Malaysian Ringgit = 0.960 US Dollar
8 Malaysian Ringgit = 1.921 US Dollar
20 Malaysian Ringgit = 4.802 US Dollar
40 Malaysian Ringgit = 9.605 US Dollar
Exchange Malaysian Ringgit to US Dollar
4 Malaysian Ringgit to US Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best MYR/USD rate at Jalinan Duta in Kuala Lumpur

4 MYR to USD exchange rates at Jalinan Duta in Kuala Lumpur
4 Malaysian Ringgit = 0.955 US Dollar
Jalinan Duta
Jalinan Duta

Our Services We provide a wide range of foreign currency exchange and related services for both private and corporate clients. Since 2001, Jalinan Duta Sdn Bhd has established itself as a successful and respected currency exchange company. Our Commitment The company is committed to excellence. We aim to provide our clients with outstanding personalized service and value for their money, from the smallest cash transaction to large corporate transaction. Our Values Our standards and our values...

Best MYR/USD rate at Merchantrade Asia in Kuala Lumpur

4 MYR to USD exchange rates at Merchantrade Asia in Kuala Lumpur
4 Malaysian Ringgit = 0.956 US Dollar
Merchantrade Asia
Merchantrade Asia

Merchantrade Money Exchange is the largest money exchange network offering competitive rates, 365 days a year. We have 84 outlets and over 400 agent locations – duty-free zones, travel agents, luxury hotels and major shopping malls across the country. We constantly acquire new partners and are expanding to new locations to serve our customers better. Kl Sentral DH5, Departure Hall, Level 1, KL City Air Terminal, KL Sentral Station, Kuala Lumpur 50470, Malaysia Operating Hours Mon - Sun 9:00...

Best MYR/USD rate at MaxMoney in Kuala Lumpur

4 MYR to USD exchange rates at MaxMoney in Kuala Lumpur
4 Malaysian Ringgit = 0.955 US Dollar
MaxMoney
MaxMoney

With more than 30 years in business, we are the best and most innovative money service business in Malaysia, enabling both individual and business customers to exchange and transfer anytime anywhere. MaxMoney is the first Malaysian company to obtain a full-fledged Money Service Business (MSB) License, regulated by Bank Negara Malaysia. We cover more than 100 foreign currencies, catering to 190 countries across the continents. No matter which currency they choose, our customers will always...

Best MYR/USD rate at LA Currency in Los Angeles

4 MYR to USD exchange rates at LA Currency in Los Angeles
4 Malaysian Ringgit = 0.897 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

4 MYR to USD exchange rates news

Former Malaysian PM's wife Rosmah and her former aide Rizal to face new charges on Thursday

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Rosmah Mansor, the wife of Malaysia's former prime minister Najib Razak, will face fresh charges in court on Thursday (Nov 15), together with her former aide Rizal Mansor.. Read more at straitstimes.com.

conditional neutral
GDP data to influence ringgit next week
GDP data to influence ringgit next week

KUALA LUMPUR: The ringgit movement next week will be influenced by the development in the US monetary policy and Malaysia's gross domestic product (GDP) data, a dealer said.

conditional neutral
Rosmah to face new charges

Malaysia News - Read more at AsiaOne

conditional neutral
Asian currencies fall on global worries, dollar strength

Indian rupee weakens 0.6 pct, leads losses; Jump in oil prices puts pressure on rupee, rupiah and peso; India's inflation data due later in day

indicative neutral
There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

indicative neutral
The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

conditional positive
Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

indicative negative
Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

indicative negative

4 MYR to USD currency converter