About this pair
MYR/CLP: what to know
The MYR/CLP rate shows how much CLP you get for 1 MYR. Right now, 1 MYR buys 233.2485 CLP at the mid-market rate. In the other direction, 1 CLP is worth 0.00428727 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while CLP responds to the price of copper.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos.
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.