Malaysian Currency

Find out the Malaysian currency exchange rate. Look at the following tables for at-a-glance comparison of Malaysian Ringgit (MYR) conversions.

View of the Petronas Twin Towers in Malaysia

There are tables of Malaysian exchange rate conversions for currencies in countries in the following areas:

• Key Trading Partners
• All Countries

Malaysia Currency

The currency used in Malaysia is the Malaysian Ringgit.

A quick look down the tables will allow you to compare currencies. The tables show you one column with the local currency value of one Malaysian Ringgit (MYR) and one column with the value of one unit of the local currency in Malaysian Ringgits.

Flag of Malaysia with the Twin Towers in Kuala Lumpur

Key Trading Partners with Malaysia (Export and Import)

According the World Factbook, there were approximately $247.0 billion worth of exports from Malaysia in 2012, the majority of which consisted of semiconductors and electronic equipment, palm oil, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals, and solar panels.

Exports:

$247.0 billion (2012 est.)
$227.6 billion (2011 est.)

Imports to the country were valued at approximately $181.6 billion in 2012; mainly electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, and chemicals.

Imports:
$181.6 billion (2012 est.)
$179.2 billion (2011 est.)

The following list shows the most important trading partners with Malaysia for both exports and imports by percentage value.

Exports - partners:

• Singapore 13.6%, China 12.6%, Japan 11.8%, US 8.7%, Thailand 5.4%, Hong Kong 4.3%, India 4.2%, Australia 4.1% (2012)
  
  

Imports - partners:

• China 15.1%, Singapore 13.3%, Japan 10.3%, US 8.1%, Thailand 6%, Indonesia 5.1%, South Korea 4.1% (2012)

Source: CIA World Factbook

Table of Key Trading Partners and Major
Markets against the Malaysian Ringgit (MYR)

Table of All Countries against the Malaysian Ringgit

Malaysian Exchange Rate - quick converters

More information can be found on the Malaysia exchange rate page.

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