1 USD to MYR Exchange Rate Today
Current Exchange Rate
As of the current date, the exchange rate of 1 USD (United States Dollar) to MYR (Malaysian Ringgit) is:
1 USD = 4.19 MYR
Please note that exchange rates can fluctuate constantly and may change rapidly due to market conditions. The exchange rate provided is an approximate value and may not reflect the exact rate at the time of reading.
Exchange Rate History
To give you a better understanding of the exchange rate trend, here's a brief history of the 1 USD to MYR exchange rate for the past few months:
| Date | 1 USD = MYR |
|---|---|
| 1 month ago | 4.13 MYR |
| 3 months ago | 4.07 MYR |
| 6 months ago | 4.21 MYR |
As shown in the table, the exchange rate has been relatively stable over the past few months, with some minor fluctuations.
Why Does the Exchange Rate Matter?
The exchange rate is crucial for various reasons:
International Trade
The exchange rate affects the prices of imported and exported goods. A favorable exchange rate can boost international trade, while an unfavorable rate can lead to trade deficits.
Tourism and Travel
The exchange rate influences the cost of travel and tourism. A strong exchange rate can make international travel more affordable, while a weak rate can make it more expensive.
Investment and Finance
The exchange rate impacts investment decisions and financial transactions. A stable exchange rate can attract foreign investments, while a volatile rate can deter investors.
Conclusion
In conclusion, the current exchange rate of 1 USD to MYR is 4.19 MYR. Understanding the exchange rate and its fluctuations is essential for individuals and businesses involved in international trade, tourism, and finance.
