About this pair
MYR/LTC: what to know
The MYR/LTC rate shows how much LTC you get for 1 MYR. Right now, 1 MYR buys 0.00458362 LTC at the mid-market rate. In the other direction, 1 LTC is worth 218.1680 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while LTC 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. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
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.