About this pair
MYR/CHF: what to know
The MYR/CHF rate shows how much CHF you get for 1 MYR. Right now, 1 MYR buys 0.2006 CHF at the mid-market rate. In the other direction, 1 CHF is worth 4.9851 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while CHF responds to safe-haven demand and SNB policy.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
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.