About this pair
MYR/UAH: what to know
The MYR/UAH rate shows how much UAH you get for 1 MYR. Right now, 1 MYR buys 10.9186 UAH at the mid-market rate. In the other direction, 1 UAH is worth 0.0916 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while UAH responds to the economic situation and international support.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
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.