Malaysian Ringgit(MYR) Latest Exchange Rate_Malaysian Ringgit Exchange Rates

Malaysian Ringgit (MYR) Latest Exchange Rate

Last Updated: 2025-09-29 00:45:36

Bank	Spot Exchange Buy Rate	Spot Cash Buy Rate	Spot Exchange Sell Rate	Spot Cash Sell Rate	Mid Rate
Bank of China	168.4100	--	169.9300	--	168.8900
Industrial and Commercial Bank of China	168.5400	168.5400	169.5700	169.5700	--
Bank of Communications	--	168.3600	--	169.7000	--
Shanghai Pudong Development Bank	168.3600	163.5900	170.3600	--	169.0000

Malaysian Ringgit Reference Rate

Currency	Reference Rate (100MYR/CNY)
MYR Malaysian Ringgit	168.07458333333

Explanation of Exchange Rates

The exchange rate, also known as the foreign exchange rate, is the ratio or price at which one currency can be exchanged for another; or the price of one currency expressed in terms of another currency.

All exchange rates on this site are for 100 foreign currency units to RMB.

Spot Exchange Buy Rate: The price at which a bank buys foreign currency bills from customers.
Spot Cash Buy Rate: The price at which a bank directly buys foreign currency cash from customers. Cash can be withdrawn.
Spot Exchange and Cash Sell Rate: The price at which customers buy foreign currency and foreign currency cash from the bank.

Typically: Spot Cash Buy Rate < Spot Exchange Buy Rate < Spot Exchange Sell Rate ≤ Spot Cash Sell Rate