The USDMYR decreased 0.0100 or 0.21% to 4.7675 on Friday April 26 from 4.7775 in the previous trading session. Historically, the Malaysian Ringgit reached an all time high of 4.88 in January of 1998.
The Malaysian Ringgit is expected to trade at 4.77 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.89 in 12 months time.