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Currency.Wiki
Updated 2 minutes ago
 MYR =
    HKD
 Malaysian Ringgit =  Hong Kong Dollars
Trending: RM exchange rates for the last 24 hours
  • MYR/USD 0.225989 0.00217491
  • MYR/EUR 0.215255 0.00042166
  • MYR/JPY 33.831073 -0.80858636
  • MYR/GBP 0.178379 -0.00023606
  • MYR/CHF 0.202976 0.00298007
  • MYR/MXN 4.590181 0.01800084
  • MYR/INR 19.542452 0.64398510
  • MYR/BRL 1.288836 -0.00950762
  • MYR/CNY 1.639774 0.01869075

MYR/HKD exchange rate analysis over the past 90 days

Malaysian Ringgit to Hong Kong Dollar exchange rate: Over the last 90 days, the Malaysian Ringgit strengthened by 0.85% against the Hong Kong Dollar, moving from HK$1.7423 to HK$1.7573 per Malaysian Ringgit. This trend reflects the evolving economic dynamics between the Malaysia and the Hong Kong. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Malaysia and Hong Kong.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Malaysia and Hong Kong.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Malaysia or Hong Kong.
  • Global Influences: Broader economic or geopolitical events that can impact both the Malaysia and the Hong Kong.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

RM

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$

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.

Quick Conversion Guide

Frequently Asked Questions

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The Malaysian Ringgit to Hong Kong Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MYR to HKD is HK$1.76.
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Yes, our site provides historical charts that show the trends and fluctuations in the Malaysian Ringgit to Hong Kong Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.