MYR to CAD Exchange Rate

As of 2026-10-26, 1 MYR = 0.34320 CAD (mid-market). Over the past 30 days it has ranged from 0.34256 to 0.34921.

MYR: Bank Negara Malaysia removed the ringgit's fixed rate against the US dollar on 21 July 2005, introducing what BNM then termed a managed float monitored against a basket of the currencies of Malaysia's major trading partners. BNM's current policy statement describes this arrangement as a flexible exchange rate regime under which the ringgit is market determined; the central bank does not target or advocate any specific level, and it intervenes to ensure orderly market conditions and prevent sudden or large swings. CAD: The Canadian dollar floats freely: the Bank of Canada states that the flexible exchange rate, or floating dollar, permits an independent monetary policy aimed at its 2% inflation-control target, and that the dollar's value is not fixed to any other currency or to gold. The dollar has floated continuously since 31 May 1970.