Currency.Wiki

1 Malaysian Ringgit to Indian Rupee

Updated 7 minutes ago
Convert 1 MYR:INR
 MYR =
    INR
 Malaysian Ringgit =  Indian Rupees
Trending: RM exchange rates for the last 24 hours
  • MYR/USD 0.213333 0.00412827
  • MYR/EUR 0.196085 0.00209094
  • MYR/JPY 33.210660 1.79946711
  • MYR/GBP 0.167913 0.00201774
  • MYR/CHF 0.193923 0.00966896
  • MYR/MXN 3.543167 -0.02331999
  • MYR/INR 17.770780 0.40381682
  • MYR/BRL 1.088981 0.04958026
  • MYR/CNY 1.540949 0.05175444

MYR/INR exchange rate analysis over the past 90 days

Malaysian Ringgit to Indian Rupee exchange rate: Over the last 90 days, the Malaysian Ringgit strengthened by 2.27% against the Indian Rupee, moving from Rs17.3670 to Rs17.7708 per Malaysian Ringgit. This trend reflects the evolving economic dynamics between the Malaysia and the India. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Malaysia and India.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Malaysia and India.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Malaysia or India.
  • Global Influences: Broader economic or geopolitical events that can impact both the Malaysia and the India.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

myr/inr Historical Chart

RM
Malaysian Ringgit Currency

Country: Malaysia

Symbol: RM

ISO Code: MYR

Bank: Bank Negara Malaysia

Interesting fact about Malaysian Ringgit

The Malaysian Ringgit (MYR) is the official currency of Malaysia. It was introduced in 1967 to replace the Malaysian dollar. The Ringgit plays a crucial role in promoting trade and investment in Malaysia, as well as facilitating daily transactions for the population. It is controlled by the central bank, Bank Negara Malaysia, to maintain stability and ensure economic growth.

Rs
Indian Rupee Currency

Country: India

Symbol: Rs

ISO Code: INR

Bank: Reserve Bank of India

Interesting fact about Indian Rupee

The Indian Rupee (INR) is the official currency of India. It has a rich history dating back to ancient times, but the modern iteration of the currency was established in 1947 when India gained independence. The Rupee is an essential part of the Indian economy, being widely accepted as legal tender. It plays a significant role in international trade, domestic transactions, and as a store of value for the Indian population.

Quick Conversion Guide

Frequently Asked Questions

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The Malaysian Ringgit to Indian Rupee exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MYR to INR is Rs17.77.
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Yes, our site provides historical charts that show the trends and fluctuations in the Malaysian Ringgit to Indian Rupee exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.