About this pair
BTC/MYR: what to know
The BTC/MYR rate shows how much MYR you get for 1 BTC. Right now, 1 BTC buys 315,120.67 MYR at the mid-market rate. In the other direction, 1 MYR is worth 0.00000317339 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while MYR responds to commodity prices and regional demand.
The supply is capped at 21 million coins. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.