Malaysian Ringgit (RM) to US Dollar ($) Conversion

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From
Result
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Exchange Rate - Base Currency ( MYR )
CurrencyAmountVariation (%)
MYR Flag MYR
1-
USD Flag USD
0.2451
-0.1623%
EUR Flag EUR
0.2138
-0.1711%
GBP Flag GBP
0.1819
-0.2016%
JPY Flag JPY
39.793
-0.1228%
CAD Flag CAD
0.344
-0.2579%
BRL Flag BRL
1.2491
+0.0276%
CNY Flag CNY
1.659
-0.1402%
AUD Flag AUD
0.3508
-0.1528%
CHF Flag CHF
0.1979
-0.2077%

Updated: July 17, 2026

Malaysian Ringgit

The Malaysian Ringgit (MYR) is the official currency of Malaysia, managed by Bank Negara Malaysia. "Ringgit" means "jagged" in Malay, referring to the serrated edges of Spanish silver dollars that once circulated in the region. Malaysia is a significant producer and exporter of electronics, palm oil, petroleum, and rubber. The MYR was briefly pegged to the USD at 3.80 from 1998 to 2005 following the Asian financial crisis, before transitioning to a managed float.

US Dollar

The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.

Frequently Asked Questions (FAQ)

How many US Dollar are in 1 Malaysian Ringgit?

1 Malaysian Ringgit (RM) is exactly 1 US Dollar ($).

How do I convert Malaysian Ringgit to US Dollar?

Multiply the value in Malaysian Ringgit by 1 to get the result in US Dollar. Or use the converter above — type any number and see the result instantly.

Convert Malaysian Ringgit (RM) to other units of Currency