Nigerian Naira To Malaysian Ringgit (NGN/MYR)

The exchange rate of the Nigerian Naira to Malaysian Ringgit rose +2.08% in the last 24 hours.

Historical Fluctuations of the NGN to MYR Exchange Rate

The overall value of the Nigerian Naira against the Malaysian Ringgit has decreased by -3.32% in the last 3 months. This downward trend is also evident in the last 7 days when the Nigerian Naira lost ground against the Malaysian Ringgit, dropping -6.18%. In terms of market value, a Nigerian Naira was worth 0.00 Malaysian Ringgit 3 months ago and is now valued at 0.00 Malaysian Ringgit. This drop does not favor consumers or travelers currently visiting Malaysia, as you will get less Malaysian Ringgit for your Nigerian Naira. This represents a decline in buying power during your stay. The trend history chart illustrates these recent changes. You can also plug in and convert the number of Nigerian Naira (or Malaysian Ringgit) in the currency calculator above.

The Malaysian Ringgit

The Malaysian Ringgit (ISO: MYR) is the official currency of Malaysia. Its symbol is 'RM' and the currency is subdivided into 100 sen per Malaysian Ringgit.

Travel Tip

Before vacationing, we recommended you exchange Nigerian Naira to Malaysian Ringgit, or other currencies, at your local bank or credit union, as you will, in general, get much better exchange rates than you would at airport kiosks, where rate hikes are common and expected. Although conveniently located at your port of entry, currency exchange kiosks will also charge convenience fees per transaction. Another option to save money while vacationing is to pay any charges you incur with a "no-foreign-transaction-fee-credit-card".

Travel Pocket Guide

The currency calculator above can be used online but will also work in low-bandwidth areas if the page is already loaded in your browser. It will work in airplane mode or when your device is offline. Additionally, you can print the handy pocket conversion guides below when traveling to Malaysia or take a screenshot on your mobile device. Find instructions on how to take a screenshot on your particular device here.