Ringgit to US Dollar Exchange Rate Today

Tuesday, 16-Jul-24 05:11:21 UTC


1 MYR to USD = 0.21 USD

The Most Popular Conversions from MYR to USD

  • 5 MYR to USD = 1.07 USD
  • 10 MYR to USD = 2.14 USD
  • 25 MYR to USD = 5.35 USD
  • 50 MYR to USD = 10.69 USD
  • 100 MYR to USD = 21.38 USD
  • 250 MYR to USD = 53.45 USD

Perhaps you were looking for the reverse exchange rate of USD to MYR?

MYR to USD chart (historical graph)

FAQ about Ringgit to US Dollars conversions

How much is 1 Ringgit in US Dollars?

One Ringgit is equal to 0.21 US Dollars.

How much is 100 Ringgit in US Dollars?

The value of 100 MYR is 21.38 USD.

How much is 1000 Ringgit in US Dollars?

The value of 1000 MYR is 213.80 USD.

Use our Ringgit to US Dollar calculator to calculate other currency amounts.

Is Malaysian ringgit getting stronger?

No, it's exactly the opposite. The Malaysian ringgit recently took a hit, dropping to its lowest point against the US dollar since the Asian financial crisis. It's been labeled the worst-performing currency in Asia for the year, just behind the yen, as reported by Bloomberg. This fall is chalked up to a mix of issues, including sluggish exports and a temporary pause in interest rate hikes.

So, why the recent dip? Well, two big players in this game. First off, the significant nosedive in oil prices played a crucial role, making the ringgit more vulnerable. Adding to the mix, the release of the USA's consistently high inflation data has made matters worse. And to top it off, the news that the US Federal Reserve won't likely be cutting rates in the first quarter of 2024 has piled on more trouble. These are the major factors pulling the ringgit down, painting a complicated picture of economic challenges and external pressures.

All Ringgit Exchange Rates