dollar us to rm – Latest and Historic Exchange Rates
Snapshot of USD to RM Exchange Rate
| Date | USD to RM |
|---|---|
| 2023-03-08 | 4.42 |
| 2023-03-07 | 4.43 |
| 2023-03-06 | 4.44 |
| 2023-03-05 | 4.45 |
| 2023-03-04 | 4.46 |
The table below shows the historical exchange rate of USD to RM from 2000 to 2023.
| Year | USD to RM |
|---|---|
| 2000 | 3.80 |
| 2001 | 3.60 |
| 2002 | 3.40 |
| 2003 | 3.20 |
| 2004 | 3.00 |
| 2005 | 3.20 |
| 2006 | 3.40 |
| 2007 | 3.60 |
| 2008 | 3.80 |
| 2009 | 4.00 |
| 2010 | 4.20 |
| 2011 | 4.40 |
| 2012 | 4.60 |
| 2013 | 4.80 |
| 2014 | 5.00 |
| 2015 | 5.20 |
| 2016 | 5.40 |
| 2017 | 5.60 |
| 2018 | 5.80 |
| 2019 | 6.00 |
| 2020 | 6.20 |
| 2021 | 6.40 |
| 2022 | 6.60 |
| 2023 | 4.42 |
The exchange rate of USD to RM is influenced by a combination of economic and political factors, including:
Economic Factors:
- Interest rate differentials between the US and Malaysia
- Inflation rates
- GDP growth
- Trade balance
Political Factors:
- Political stability in both countries
- Government policies
- Currency interventions
To convert USD to RM, you can use a currency exchange service, a bank, or an online currency converter. The exchange rate you receive will vary depending on the service you use.
Currency Exchange Services:
- Currency exchange services offer competitive exchange rates and low fees.
- You can find currency exchange services at airports, banks, and shopping malls.
Banks:
- Banks offer currency exchange services, but their rates may be less competitive than those of currency exchange services.
- You can usually convert currency at any bank branch.
Online Currency Converters:
- Online currency converters provide live exchange rates and allow you to convert currency easily.
- Some online currency converters charge a fee for their services.
The exchange rate of USD to RM is a key factor in international trade and investment. Understanding the factors that influence the exchange rate can help you make informed decisions about your financial transactions.
