MYR/BCH: what to know
The MYR/BCH rate shows how much BCH you get for 1 MYR. Right now, 1 MYR buys 0.00109724 BCH at the mid-market rate. In the other direction, 1 BCH is worth 911.3806 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while BCH responds to crypto-market sentiment.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
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.