The Malaysian dollar continues to advance, once surpassing 4.22 and pushing towards 4.17.
The Federal Reserve slowed down the rate hike, which led to a weaker US dollar, and the Malaysian dollar continued to move higher against the US dollar for three days. The MYR was trading at 3.2244 against the SGD this morning.
According to money changers in the Selangor area, USD 1 can be exchanged for RM4.18 or RM4.219 to USD 1. SGD 1 can be exchanged for RM3.182 or RM3.218 to USD 1.
If you are planning to exchange Japanese yen, the current exchange rate is RM32.78 for 1,000 yen or RM33.49 for 1,000 yen. The exchange rate for Thai Baht is RM12.94 for 100 Baht or RM13.09 for 100 Baht.
In addition, RM62.67 is exchanged for 100 Chinese Yuan and RM14.64 is exchanged for 100 New Taiwan Dollars.
Note! The exchange rates offered by each money changer will vary. If you are looking to convert from RM to foreign currency, then you need to look at We Sell, and vice versa for We Buy from foreign currency to RM.
