About this pair
RUB/MYR: what to know
The RUB/MYR rate shows how much MYR you get for 1 RUB. Right now, 1 RUB buys 0.0483 MYR at the mid-market rate. In the other direction, 1 MYR is worth 20.6984 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while MYR responds to commodity prices and regional demand.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
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.