1 MYR to CNY - Convert Malaysian Ringgit to Chinese Yuan

Looking at the 30-day window, the MYR/CNY pair traded in a range of 1.6738 to 1.7736. The monthly average was 1.7326 with 1.63% volatility. The relatively low volatility indicates stable trading conditions for the MYR/CNY currency pair.

The current mid-market exchange rate is 1 MYR = 1.6938 CNY, updated as of June 7, 2026, 4:17 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Malaysian Ringgit to Chinese Yuan Exchange Rate

The MYR/CNY exchange rate tells you how many Chinese Yuan (CNY) you receive for every Malaysian Ringgit (MYR). At the current mid-market rate of 1 MYR = 1.6938 CNY, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the MYR/CNY Conversion

Converting Malaysian Ringgit to Chinese Yuan involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Sending Money from MYR to CNY

International money transfers from Malaysian Ringgit to Chinese Yuan can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Mid-Market Rate Explained

The mid-market rate of 1 MYR = 1.6938 CNY shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: CNY to MYR

The reverse exchange rate is 1 CNY = 0.590388 MYR. This is useful if you are starting with Chinese Yuan and want to know how much Malaysian Ringgit you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CNY to MYR converter for the reverse direction.