1 MYR = 1.628 CNY
1 CNY = 0.614 MYR
(Mid-market exchange rate)
Last updated Nov 02, 2024 15:44 GMT
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Below is the live and historical Malaysian Ringgit to Chinese Yuan Renminbi (RMB) rate chart so you can see today's rate - and how the rates have changed over time.
1 MYR = 1.628 CNY
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 1.636 | 1.668 | 1.703 | 1.703 | 1.668 |
Low | 1.623 | 1.623 | 1.597 | 1.5 | 1.623 |
Average | 1.629 | 1.644 | 1.644 | 1.561 | 1.644 |
Volatility | 0.8% | 2.77% | 6.64% | 13.53% | 2.77% |
1 MYR is worth 1.628 CNY today
At the current exchange rate of 1.628 , a sum of 1,000 Malaysian Ringgit is worth 1,628 Chinese Yuan Renminbi (RMB).
The Malaysian Ringgit is currently stronger than the Chinese Yuan Renminbi (RMB) given that 1 MYR is equal to 1.628 CNY. Conversely, 1 CNY is worth 0.614 MYR.
Today, to buy 1,000 Malaysian Ringgit, you need 1,628 Chinese Yuan Renminbi (RMB). On the same date last year, you needed 1,540 Chinese Yuan Renminbi (RMB) for 1,000 Malaysian Ringgit. This change indicates that the Malaysian Ringgit has become stronger against the Chinese Yuan Renminbi (RMB) by 5.65% over the past year.
The pair experienced high volatility of 13.53%.
High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.
Today's MYR to CNY exchange rate (1.628) is higher compared to yesterday's rate (1.626).
1 MYR | 1.62800 CNY |
5 MYR | 8.14000 CNY |
10 MYR | 16.28000 CNY |
20 MYR | 32.56000 CNY |
25 MYR | 40.70000 CNY |
50 MYR | 81.40000 CNY |
100 MYR | 162.80000 CNY |
250 MYR | 407.00000 CNY |
500 MYR | 814.00000 CNY |
1,000 MYR | 1,628.00000 CNY |
2,000 MYR | 3,256.00000 CNY |
5,000 MYR | 8,140.00000 CNY |
10,000 MYR | 16,280.00000 CNY |
1 CNY | 0.61425 MYR |
5 CNY | 3.07125 MYR |
10 CNY | 6.14251 MYR |
20 CNY | 12.28501 MYR |
25 CNY | 15.35627 MYR |
50 CNY | 30.71253 MYR |
100 CNY | 61.42506 MYR |
250 CNY | 153.56265 MYR |
500 CNY | 307.12531 MYR |
1,000 CNY | 614.25061 MYR |
2,000 CNY | 1,228.50123 MYR |
5,000 CNY | 3,071.25307 MYR |
10,000 CNY | 6,142.50614 MYR |
The currency code for Malaysian Ringgit is MYR.
The MYR currency symbol is RM.
Minor unit: 1/100 = Sen
MYR rank by most traded currencies: 32
Avg proportion of daily world trade volume: 0.10%
MYR rank by strongest currencies (buying power): 40
The Malaysian Ringgit is the currency of 1 countries:
Malaysia
The currency code for Chinese Yuan Renminbi (RMB) is CNY.
The CNY currency symbol is 元.
Minor unit: 1/10 = Jiao
CNY rank by most traded currencies: 5
Avg proportion of daily world trade volume: 3.50%
CNY rank by strongest currencies (buying power): 46
The Chinese Yuan Renminbi (RMB) is the currency of 1 countries:
China
Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Malaysian Ringgit to Chinese Yuan Renminbi (RMB), to send a payment, for a trip overseas, when shopping online or to hold a balance in Chinese Yuan Renminbi (RMB).
You can convert Malaysian Ringgit to Chinese Yuan Renminbi (RMB) either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Chinese Yuan Renminbi (RMB) in cash. Or, you can choose to convert digitally, to send a payment overseas for example.
If you're exchanging money in a physical location you'll usually need to take the following steps:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best MYR to CNY exchange rate for your specific transaction.
Get to know the MYR/CNY mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the MYR/CNY mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.
Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Malaysian Ringgit and Chinese Yuan Renminbi (RMB). This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.
You'll be able to exchange Chinese Yuan Renminbi (RMB) to Malaysian Ringgit in the same way as you'd exchange Malaysian Ringgit to Chinese Yuan Renminbi (RMB). If you have Chinese Yuan Renminbi (RMB) in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Chinese Yuan Renminbi (RMB). Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.
On the other hand, if you hold Malaysian Ringgit in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.
You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.
A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.
MYR | USD | SGD | AUD | INR | EUR | GBP | CAD | PHP | |
---|---|---|---|---|---|---|---|---|---|
To MYR | - | 4.37800 | 3.30129 | 2.87175 | 0.05207 | 4.74291 | 5.65638 | 3.13756 | 0.07492 |
To USD | 0.22842 | - | 0.75406 | 0.65595 | 0.01189 | 1.08335 | 1.29200 | 0.71667 | 0.01711 |
To SGD | 0.30291 | 1.32615 | - | 0.86989 | 0.01577 | 1.43668 | 1.71339 | 0.95041 | 0.02269 |
To AUD | 0.34822 | 1.52451 | 1.14957 | - | 0.01813 | 1.65157 | 1.96966 | 1.09256 | 0.02609 |
To INR | 19.20630 | 84.08530 | 63.40560 | 55.15580 | - | 91.09380 | 108.63800 | 60.26110 | 1.43895 |
To EUR | 0.21084 | 0.92305 | 0.69605 | 0.60548 | 0.01098 | - | 1.19252 | 0.66153 | 0.01580 |
To GBP | 0.17679 | 0.77399 | 0.58364 | 0.50770 | 0.00920 | 0.83856 | - | 0.55470 | 0.01325 |
To CAD | 0.31872 | 1.39535 | 1.05218 | 0.91528 | 0.01659 | 1.51165 | 1.80279 | - | 0.02388 |
To PHP | 13.34750 | 58.43530 | 44.06390 | 38.33060 | 0.69495 | 63.30590 | 75.49840 | 41.87860 | - |
The Malaysian Ringgit to Chinese Yuan Renminbi (RMB) exchange rate today is 1.628 . Use this guide to learn more about exchanging MYR to CNY in the easiest and best value way for your specific needs.
The MYR to CNY rate today is 1.628 . That means that 1,000 Malaysian Ringgit would be worth 1,628 Chinese Yuan Renminbi (RMB).
Exchange MYR to CNY in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including MYR to CNY.
If you want to send money from Malaysia - or anywhere else in the world - to China, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to China - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Chinese Yuan Renminbi (RMB) and Malaysian Ringgit on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.
Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.
Get the live Malaysian Ringgit to Chinese Yuan Renminbi (RMB) exchange rate with our handy tools, to help you compare your options.
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