About this pair
MYR/VND: what to know
The MYR/VND rate shows how much VND you get for 1 MYR. Right now, 1 MYR buys 6,339.57 VND at the mid-market rate. In the other direction, 1 VND is worth 0.000157739 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while VND responds to exports and central-bank policy.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Vietnamese Dong (VND) is issued by State Bank of Vietnam. The đồng has very high denominations — notes go up to 500,000.
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.