Malaysian Ringgit (MYR) to PKR Exchange Rate

Today's Malaysian Ringgit Rate Analysis in Pakistan

As of today, the open market buying rate for Malaysian Ringgit (MYR) stands at 66.55 PKR, while the selling rate is 70 PKR. The spread (difference between buying and selling) is currently 3.45 PKR, which indicates the dealer's profit margin and market volatility.

Why is the MYR Rate Important?

Malaysian Ringgit is a key currency for international trade and travel. Fluctuations in the MYR rate often reflect broader global economic trends.

When is the Best Time to Exchange MYR?

If you are looking to sell MYR (convert to PKR), look for market peaks usually driven by high import demand or debt repayments. If you are buying MYR (for travel or savings), mid-month periods often see slightly stable rates compared to the start of the month.

Where to Get the Best Exchange Rate?

• Exchange Companies: Authorized dealers (like Ravi, Paracha, etc.) usually offer the best open market rates.
• Banks: Banks generally deal in Interbank rates, which may be lower than the open market for selling cash.

Quick Conversion Table (MYR to PKR)