ZAR/MYR: what to know
The ZAR/MYR rate shows how much MYR you get for 1 ZAR. Right now, 1 ZAR buys 0.2466 MYR at the mid-market rate. In the other direction, 1 MYR is worth 4.0553 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while MYR responds to commodity prices and regional demand.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. 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.