Exchange Rate in Malaysia
The exchange rate in Malaysia ended 2024 at MYR 4.47 per USD, compared to the MYR 4.59 year-end value in 2023 and the figure MYR 3.5 a decade earlier. For more exchange rate information, visit our dedicated page.
Malaysia Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Malaysia from 2014 to 2024.
Source: Macrobond.
Malaysia Exchange Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Exchange Rate (MYR per USD, eop) | 4.02 | 4.17 | 4.41 | 4.60 | 4.47 |
| Exchange Rate (MYR per USD, aop) | 4.20 | 4.14 | 4.40 | 4.56 | 4.58 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Malaysian exchange rate projections for the next ten years from a panel of 23 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Malaysian exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian exchange rate projections.
Want to get access to the full dataset of Malaysian exchange rate forecasts? Send an email to info@focus-economics.com.