About this pair
CHF/MYR: what to know
The CHF/MYR rate shows how much MYR you get for 1 CHF. Right now, 1 CHF buys 5.0643 MYR at the mid-market rate. In the other direction, 1 MYR is worth 0.1975 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while MYR responds to commodity prices and regional demand.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
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.