CNY/MYR: what to know
The CNY/MYR rate shows how much MYR you get for 1 CNY. Right now, 1 CNY buys 0.6120 MYR at the mid-market rate. In the other direction, 1 MYR is worth 1.6340 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while MYR responds to commodity prices and regional demand.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.