MYR to USD Exchange Rate

As of 2026-10-26, 1 MYR = 0.24465 USD (mid-market). Over the past 30 days it has ranged from 0.24441 to 0.24522.

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. USD: The US dollar floats freely: its value is determined in foreign exchange markets, and neither the U.S. Treasury nor the Federal Reserve targets a level for the exchange rate.