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base info Pink BNB

Pink BNB to Malaysian Ringgit Converter and calculator

Convert 1Pink BNB (PNB) to Malaysian Ringgit (MYR) equals RM 0 | Bitget
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Last updated 2024/12/22 01:39:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Pink BNB(PNB) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 PNB at a value of 1 PNB for 0 MYR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MYR 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.

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

PNB to MYR conversion rate trend

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Live Pink BNB (PNB) price chart
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In the past 1D, Pink BNB has changed +15.63% to MYR. Based on the trend and price charts, Pink BNB(PNB) has changed +15.63% to MYR while Malaysian Ringgit(MYR) has changed -13.52% to PNB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
RM0
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 00:38:01(UTC+0)

How to buy Pink BNB

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Pink BNB (PNB)
Use a variety of payment options to buy Pink BNB on Bitget. We'll show you how.

Buy PNB (or USDT) for MYR (Malaysian Ringgit) offers

Bitget P2P trading does not currently support direct buying of PNB with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy PNB with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PNB (or USDT) for MYR (Malaysian Ringgit) offers

Bitget P2P trading currently does not support direct selling of PNB to MYR. However, you can first exchange PNB for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Pink BNB to Malaysian Ringgit?

Pink BNB to Malaysian Ringgit is rising this week.
Pink BNB's current market price is RM 0 per PNB, with a total market cap of RM 0 MYR based on a circulating supply of -- PNB. The trading volume of Pink BNB has changed by -100.00% (RM -- MYR) in the last 24 hours. Last trading day, PNB's trading volume was RM --.
Market cap
$0
24h volume
$0
Circulating supply
0 PNB

Conversion tables

The exchange rate of Pink BNB is decreasing.
1 PNB is currently valued at RM 0 MYR , which means buying 5 PNB will cost RM 0 MYR . Similarly, RM1 MYR can be traded for Infinity PNB, and RM50 MYR can be converted to Infinity PNB, excluding any platform or gas fees.
The exchange rate of 1 PNB to Malaysian Ringgit has changed by +0.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.63%, reaching a high of 0.{6}2377 MYR and a low of 0.{6}1950 MYR . One month ago, the value of 1 PNB was RM 0.{7}4494 MYR , which represents a -16.45% change from its current value. Over the last year, Pink BNB has changed by
+RM
0.{8}2821MYR
, resulting in a change of 0.00% in its value.

PNB to MYR

Amount
01:39 am today
0.5 PNB
RM0
1 PNB
RM0
5 PNB
RM0
10 PNB
RM0
50 PNB
RM0
100 PNB
RM0
500 PNB
RM0
1000 PNB
RM0

MYR to PNB

Amount01:39 am today
0.5MYRInfinity  PNB
1MYRInfinity  PNB
5MYRInfinity  PNB
10MYRInfinity  PNB
50MYRInfinity  PNB
100MYRInfinity  PNB
500MYRInfinity  PNB
1000MYRInfinity  PNB

Today vs. 24 hours ago

Amount01:39 am today24 hours ago24h change
0.5 PNB$0.00$-0.{8}3422
+15.63%
1 PNB$0.00$-0.{8}6844
+15.63%
5 PNB$0.00$-0.{7}3422
+15.63%
10 PNB$0.00$-0.{7}6844
+15.63%
50 PNB$0.00$-0.{6}3422
+15.63%
100 PNB$0.00$-0.{6}6844
+15.63%
500 PNB$0.00$-0.{5}3422
+15.63%
1000 PNB$0.00$-0.{5}6844
+15.63%

Today vs. 1 month ago

Amount01:39 am today1 month ago1M change
0.5 PNB$0.00$0.{8}4984
-16.45%
1 PNB$0.00$0.{8}9968
-16.45%
5 PNB$0.00$0.{7}4984
-16.45%
10 PNB$0.00$0.{7}9968
-16.45%
50 PNB$0.00$0.{6}4984
-16.45%
100 PNB$0.00$0.{6}9968
-16.45%
500 PNB$0.00$0.{5}4984
-16.45%
1000 PNB$0.00$0.{5}9968
-16.45%

Today vs. 1 year ago

Amount01:39 am today1 year ago1Y change
0.5 PNB$0.00$-0.{7}2531
0.00%
1 PNB$0.00$-0.{7}5063
0.00%
5 PNB$0.00$-0.{6}2531
0.00%
10 PNB$0.00$-0.{6}5063
0.00%
50 PNB$0.00$-0.{5}2531
0.00%
100 PNB$0.00$-0.{5}5063
0.00%
500 PNB$0.00$-0.{4}2531
0.00%
1000 PNB$0.00$-0.{4}5063
0.00%

Pink BNB price prediction

What will the price of PNB be in 2025?

Based on PNB's historical price performance prediction model, the price of PNB is projected to reach $0.{7}1497 in 2025.

What will the price of PNB be in 2030?

In 2030, the PNB price is expected to change by -1.00%. By the end of 2030, the PNB price is projected to reach $0.{7}2344, with a cumulative ROI of +0.00%.

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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.