Malaysia: USD exchange rate

The currency chart for Malaysia shows historical data for the Malaysian Ringgits per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Malaysian Ringgits per USD. Depreciation implies that goods from Malaysia become cheaper to export and it becomes cheaper for foreigners to visit Malaysia.

The series for Malaysia are available from January 2000 to September 2024. For that period, the average exchange rate for Malaysia was 3.7917 Malaysian Ringgits per USD with a minimum of 2.9851 Malaysian Ringgits per USD in August 2011 and a maximum of 4.7657 Malaysian Ringgits per USD in February 2024. The most recent available data point is 4.2634 Malaysian Ringgits per USD, a change of -3.36% from the previous data point of 4.4115 Malaysian Ringgits per USD and a change of -8.94% from a year ago when the level was 4.6818 Malaysian Ringgits per USD.

Currency values in Malaysia and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.