HKD/MYR exchange rate analysis over the past 90 days
Hong Kong Dollar to Malaysian Ringgit exchange rate: Over the last 90 days, the Hong Kong Dollar weakened by -0.93% against the Malaysian Ringgit, declining from RM0.5740 to RM0.5687 per Hong Kong Dollar. This trend reflects the evolving economic dynamics between the Hong Kong and the Malaysia. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Hong Kong and Malaysia.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Hong Kong and Malaysia.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Hong Kong or Malaysia.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Hong Kong relative to the Malaysia.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
Hong Kong Dollar Currency
Country: Hong Kong
Symbol: HK$
ISO Code: HKD
Bank: Hong Kong Monetary Authority
Interesting fact about Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.
Malaysian Ringgit Currency
Country: Malaysia
Symbol: RM
ISO Code: MYR
Bank: Bank Negara Malaysia
Interesting fact about Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia. It was introduced in 1967 to replace the Malaysian dollar. The Ringgit plays a crucial role in promoting trade and investment in Malaysia, as well as facilitating daily transactions for the population. It is controlled by the central bank, Bank Negara Malaysia, to maintain stability and ensure economic growth.
HK$1 Hong Kong Dollar | RM 0.57 Malaysian Ringgits |
HK$10 Hong Kong Dollars | RM 5.69 Malaysian Ringgits |
HK$20 Hong Kong Dollars | RM 11.37 Malaysian Ringgits |
HK$30 Hong Kong Dollars | RM 17.06 Malaysian Ringgits |
HK$40 Hong Kong Dollars | RM 22.75 Malaysian Ringgits |
HK$50 Hong Kong Dollars | RM 28.43 Malaysian Ringgits |
HK$60 Hong Kong Dollars | RM 34.12 Malaysian Ringgits |
HK$70 Hong Kong Dollars | RM 39.81 Malaysian Ringgits |
HK$80 Hong Kong Dollars | RM 45.5 Malaysian Ringgits |
HK$90 Hong Kong Dollars | RM 51.18 Malaysian Ringgits |
HK$100 Hong Kong Dollars | RM 56.87 Malaysian Ringgits |
HK$200 Hong Kong Dollars | RM 113.74 Malaysian Ringgits |
HK$300 Hong Kong Dollars | RM 170.61 Malaysian Ringgits |
HK$400 Hong Kong Dollars | RM 227.48 Malaysian Ringgits |
HK$500 Hong Kong Dollars | RM 284.35 Malaysian Ringgits |
HK$600 Hong Kong Dollars | RM 341.22 Malaysian Ringgits |
HK$700 Hong Kong Dollars | RM 398.09 Malaysian Ringgits |
HK$800 Hong Kong Dollars | RM 454.96 Malaysian Ringgits |
HK$900 Hong Kong Dollars | RM 511.83 Malaysian Ringgits |
HK$1000 Hong Kong Dollars | RM 568.7 Malaysian Ringgits |
HK$2000 Hong Kong Dollars | RM 1137.4 Malaysian Ringgits |
HK$3000 Hong Kong Dollars | RM 1706.09 Malaysian Ringgits |
HK$4000 Hong Kong Dollars | RM 2274.79 Malaysian Ringgits |
HK$5000 Hong Kong Dollars | RM 2843.49 Malaysian Ringgits |
RM1 Malaysian Ringgit | HK$ 1.76 Hong Kong Dollars |
RM10 Malaysian Ringgits | HK$ 17.58 Hong Kong Dollars |
RM20 Malaysian Ringgits | HK$ 35.17 Hong Kong Dollars |
RM30 Malaysian Ringgits | HK$ 52.75 Hong Kong Dollars |
RM40 Malaysian Ringgits | HK$ 70.34 Hong Kong Dollars |
RM50 Malaysian Ringgits | HK$ 87.92 Hong Kong Dollars |
RM60 Malaysian Ringgits | HK$ 105.5 Hong Kong Dollars |
RM70 Malaysian Ringgits | HK$ 123.09 Hong Kong Dollars |
RM80 Malaysian Ringgits | HK$ 140.67 Hong Kong Dollars |
RM90 Malaysian Ringgits | HK$ 158.26 Hong Kong Dollars |
RM100 Malaysian Ringgits | HK$ 175.84 Hong Kong Dollars |
RM200 Malaysian Ringgits | HK$ 351.68 Hong Kong Dollars |
RM300 Malaysian Ringgits | HK$ 527.52 Hong Kong Dollars |
RM400 Malaysian Ringgits | HK$ 703.36 Hong Kong Dollars |
RM500 Malaysian Ringgits | HK$ 879.2 Hong Kong Dollars |
RM600 Malaysian Ringgits | HK$ 1055.04 Hong Kong Dollars |
RM700 Malaysian Ringgits | HK$ 1230.88 Hong Kong Dollars |
RM800 Malaysian Ringgits | HK$ 1406.72 Hong Kong Dollars |
RM900 Malaysian Ringgits | HK$ 1582.56 Hong Kong Dollars |
RM1000 Malaysian Ringgits | HK$ 1758.4 Hong Kong Dollars |
RM2000 Malaysian Ringgits | HK$ 3516.81 Hong Kong Dollars |
RM3000 Malaysian Ringgits | HK$ 5275.21 Hong Kong Dollars |
RM4000 Malaysian Ringgits | HK$ 7033.61 Hong Kong Dollars |
RM5000 Malaysian Ringgits | HK$ 8792.02 Hong Kong Dollars |