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RED to MYR Converter and calculator

RED/MYR: 1 RED = 0.003661 MYR. The price of converting 1 Red The Mal (RED) to Malaysian Ringgit (MYR) is 0.003661 MYR today.
RED
RED
MYR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RED to MYR real-time exchange rates, making it easy to convert Red The Mal (RED) to Malaysian Ringgit (MYR). The conversion result is based on real-time data. The conversion result shows that 1 RED is currently valued at 0.003661 MYR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RED is currently valued at 0.003661 MYR, which means buying 5 RED would cost 0.01830 MYR. Similarly, RM1 MYR can be converted to 273.15 RED, and RM50 MYR can be converted to 1,365.76 RED, excluding any platform or gas fees.

Convert RED to MYR

Convert MYR to RED

Red The Mal
Malaysian Ringgit
1 RED
0.003661  MYR
Exchange 1 RED for 0.003661 MYR
2 RED
0.007322  MYR
Exchange 2 RED for 0.007322 MYR
5 RED
0.01830  MYR
Exchange 5 RED for 0.01830 MYR
10 RED
0.03661  MYR
Exchange 10 RED for 0.03661 MYR
20 RED
0.07322  MYR
Exchange 20 RED for 0.07322 MYR
50 RED
0.1830  MYR
Exchange 50 RED for 0.1830 MYR
100 RED
0.3661  MYR
Exchange 100 RED for 0.3661 MYR
200 RED
0.7322  MYR
Exchange 200 RED for 0.7322 MYR
500 RED
1.83  MYR
Exchange 500 RED for 1.83 MYR
1000 RED
3.66  MYR
Exchange 1000 RED for 3.66 MYR
5000 RED
18.3  MYR
Exchange 5000 RED for 18.3 MYR
10000 RED
36.61  MYR
Exchange 10000 RED for 36.61 MYR
In the table above, you'll find a comprehensive RED to MYR converter that shows the value of Red The Mal in Malaysian Ringgit across commonly used conversion amounts. The list covers conversions from 1 RED to MYR, all the way up to 10000 RED, providing a clear view of their respective values.
Malaysian Ringgit
Red The Mal
1 MYR
273.15 RED
Exchange 1 MYR for 273.15 RED
10 MYR
2,731.52 RED
Exchange 10 MYR for 2,731.52 RED
50 MYR
13,657.6 RED
Exchange 50 MYR for 13,657.6 RED
100 MYR
27,315.2 RED
Exchange 100 MYR for 27,315.2 RED
200 MYR
54,630.41 RED
Exchange 200 MYR for 54,630.41 RED
500 MYR
136,576.02 RED
Exchange 500 MYR for 136,576.02 RED
1000 MYR
273,152.04 RED
Exchange 1000 MYR for 273,152.04 RED
2000 MYR
546,304.08 RED
Exchange 2000 MYR for 546,304.08 RED
5000 MYR
1,365,760.21 RED
Exchange 5000 MYR for 1,365,760.21 RED
10000 MYR
2,731,520.42 RED
Exchange 10000 MYR for 2,731,520.42 RED
50000 MYR
13,657,602.12 RED
Exchange 50000 MYR for 13,657,602.12 RED
100000 MYR
27,315,204.24 RED
Exchange 100000 MYR for 27,315,204.24 RED
In the table above, you'll find a comprehensive MYR to RED converter that shows the value of Malaysian Ringgit in Red The Mal across commonly used conversion amounts. The list covers conversions from 1 MYR to RED, all the way up to 100000 MYR, providing a clear view of their respective values.

RED to MYR chart

RED/MYR: 1 RED = 0.003661 MYR; 2025/07/27 19:01:12
In the past 1D, Red The Mal has changed +1.95% to MYR. Based on the trend and price charts, Red The Mal(RED) has changed +1.95% to MYR while Malaysian Ringgit(MYR) has changed % to RED in the last 24 hours.
1D7D1M3M1YAll

RED to MYR conversion data: Volatility and price changes of Red The Mal in MYR

The highest Red The Mal price in MYR over the past 7 days was 0.003907 MYR while the lowest Red The Mal price in MYR over the past 7 days was 0.003493 MYR. The relative change between the highs and lows in Red The Mal price in MYR over the last 7 days indicates a volatility of %. You can view additional volatility data and RED to MYR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.003747 MYR
0.003907 MYR
0.003907 MYR
0.006909 MYR
Low
0.003613 MYR
0.003493 MYR
0.003271 MYR
0.002336 MYR
Average
0 MYR
0 MYR
0 MYR
0 MYR
Volatility
%
%
%
%
Change
+1.95%
+5.44%
+6.18%
+14.28%

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Buy RED (or USDT) for MYR (Malaysian Ringgit) offers
Bitget P2P trading does not currently support direct buying of RED with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy RED with USDT via Bitget spot market.
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Low to high
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Red The Mal information

RED to MYR market statistics

RED/MYR:
RM0.003661
RED 24h volume:
--
RED market cap:
--
RED circulating supply:
0 RED

Current RED to MYR exchange rate

Red The Mal to Malaysian Ringgit is rising this week.
Red The Mal's current market price is RM0.003661 per RED, with a total market cap of RM0 MYR based on a circulating supply of -- RED. The trading volume of Red The Mal has changed by 0.00% (RM0 MYR) in the last 24 hours. Last trading day, RED's trading volume was RM0.

More info about Red The Mal on Bitget

Malaysian Ringgit information

About the Malaysian Ringgit (MYR)

What Is the Malaysian Ringgit (MYR)?

The Malaysian Ringgit, abbreviated as MYR and often represented by the symbol "RM," is the official currency of Malaysia. RM stands for "Ringgit Malaysia." The term "Ringgit" means "jagged" in Malay, originally referring to the serrated edges of silver Spanish dollars. The Ringgit is divided into 100 smaller units known as sen. The Malaysian Ringgit is the sole legal tender in Malaysia, and it is used for all transactions within the country.

The Malaysian Ringgit is issued by the Central Bank of Malaysia, known as Bank Negara Malaysia. Established on January 26, 1959, under the Central Bank of Malaysia Act 1958, Bank Negara Malaysia is the sole authority responsible for issuing currency in Malaysia. In addition to currency issuance, the central bank also manages monetary policy, financial stability, and the overall financial system infrastructure in the country.

What Is the History of MYR?

The Ringgit has a rich history, tracing back to the times when Malaysia was a part of European colonial powers. Initially, the Spanish dollars were used, later replaced by the Indian Rupee in 1837, and then reintroduced 30 years later. The Straits Dollar took over in 1903, pegged at two shillings to the British Pound. The Malaysian Ringgit was introduced in 1967, replacing the Dollar Malaya, which was also used by Singapore and Brunei.

Notes and Coins of MYR

The first series of coins and banknotes were issued in 1967. Over the years, various denominations have been used, including 1, 5, 10, 20, and 50 sen coins, and RM1, RM5, RM10, RM20, RM50, RM100 banknotes. The RM500 and RM1000 notes were discontinued in 1999 due to the Asian Financial Crisis.

Is MYR Pegged to the US Dollar?

The Malaysian Ringgit (MYR), issued by Bank Negara Malaysia, is not pegged to the US Dollar. Historically, during the Asian Financial Crisis in 1998, Malaysia had pegged the Ringgit to the US Dollar at a rate of 3.8 MYR to 1 USD to stabilize its economy. However, this peg was removed on July 21, 2005, following a similar decision by China regarding the Renminbi. Since then, the Ringgit has been operating under a managed float system, where its value is determined by market forces of supply and demand, with occasional interventions by the central bank to ensure stability. This transition reflects a move towards aligning the Ringgit's value more closely with Malaysia's economic fundamentals and market dynamics.

What Is the Price History of MYR?

The Malaysian Ringgit (MYR) has experienced a dynamic price history, significantly influenced by regional and global economic events. Before 1998, the Ringgit's value fluctuated in response to domestic and international economic conditions. The Asian Financial Crisis of 1997-1998 dramatically impacted the Ringgit, leading Malaysia to peg it to the US Dollar at 3.8 MYR to 1 USD in 1998 for stability. This peg was removed in 2005, transitioning the Ringgit to a managed float system where its value is determined by market forces, though occasionally stabilized by interventions from Bank Negara Malaysia. Since then, the Ringgit's valuation has been influenced by various factors, including global oil prices, Malaysia's economic policies, US-China trade tensions, and domestic political scenarios, reflecting its sensitivity to both internal and external economic dynamics. As of January 2024, the Malaysian Ringgit is trading at a rate of 1 MYR = 0.22 US dollars.

Bitget crypto-to-fiat exchange data shows that the most popular Red The Mal currency pair is the RED to MYR, with for Red The Mal's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

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How to convert RED to MYR

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RED to MYR Conversion tables

The exchange rate of Red The Mal is increasing.
The exchange rate of 1 RED to Malaysian Ringgit has changed by +5.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.95%, reaching a high of 0.003747 MYR and a low of 0.003613 MYR . One month ago, the value of 1 RED was RM0.003446 MYR , which represents a +6.18% change from its current value. Over the last year, Red The Mal has changed by
-RM
0.04403MYR
, resulting in a change of -92.28% in its value.
24 hours ago1 month ago1 year ago
Amount 19:01 today 24 hours ago 24h change
0.5 RED
RM0.001830RM0.001795
+1.95%
1 RED
RM0.003661RM0.003590
+1.95%
5 RED
RM0.01830RM0.01795
+1.95%
10 RED
RM0.03661RM0.03590
+1.95%
50 RED
RM0.1830RM0.1795
+1.95%
100 RED
RM0.3661RM0.3590
+1.95%
500 RED
RM1.83RM1.8
+1.95%
1000 RED
RM3.66RM3.59
+1.95%

RED to MYR FAQ

How much is 1 Red The Mal in MYR?
Right now, the price of 1 Red The Mal (RED) in Malaysian Ringgit (MYR) is RM0.003661.
How much RED can I buy for 1 MYR?
Based on the current exchange rate, you can get 273.15 RED for 1 MYR.
How do I calculate or convert RED to MYR?
You can use our RED to MYR calculator at the top of this page to convert any amount of RED to MYR. We've also included quick-reference tables for the most popular conversions. For example, 5 MYR is equivalent to 1,365.76 RED, while 5 RED will cost around 0.01830MYR.
What is the highest price of RED/MYR in history?
The all-time high price of 1 RED in MYR is RM0.2769. It remains to be seen if the value of 1 RED/MYR will exceed the current all-time high.
What is the price trend of Red The Mal in MYR?
Over the past 7 days, the exchange rate of Red The Mal (RED) has gone up by 5.44%.   Over the last month, the exchange rate of Red The Mal (RED) has gone up by 6.18% against Malaysian Ringgit (MYR).

What factors influence the conversion rate of RED to MYR?

There are many factors that affect the relationship between Red The Mal and Malaysian Ringgit, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RED/MYR. When there is positive news in the market about the widespread adoption of RED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RED/MYR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RED/MYR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RED/MYR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Red The Mal and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Red The Mal currency pairs: RED to US Dollar (USD), RED to Euro (EUR), RED to Pound Sterling (GBP), RED to Canadian Dollar (CAD), RED to Indian Rupee (INR), RED to Pakistani Rupee (PKR), RED to Brazilian Real (BRL), RED to…
The price of Red The Mal in the US is $0.0008672 USD. Additionally, Red The Mal’s price is €0.0007380 EUR in the eurozone, £0.0006404 GBP in the UK, C$0.001188 CAD in Canada, ₹0.07502 INR in India, ₨0.2459 PKR in Pakistan, R$0.004826 BRL in Brazil, and more.
The most popular Red The Mal currency pair is the RED to Malaysian Ringgit(MYR). The price of 1 Red The Mal (RED) in Malaysian Ringgit (MYR) is RM0.003661.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.