MYR/HKD: what to know
The MYR/HKD rate shows how much HKD you get for 1 MYR. Right now, 1 MYR buys 1.9200 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.5208 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while HKD responds to its peg to the US dollar.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
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.