MYR/CNY: what to know
The MYR/CNY rate shows how much CNY you get for 1 MYR. Right now, 1 MYR buys 1.6345 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.6118 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while CNY responds to PBoC decisions and Chinese growth.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
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.