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Polymath to Malaysian Ringgit Converter and calculator

Convert 1Polymath (POLY) to Malaysian Ringgit (MYR) equals RM 0.4184 | Bitget
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Last updated 2025/01/05 11:45:35 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Polymath(POLY) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 POLY at a value of 1 POLY for 0.42 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 Polymath currency pair is the POLY to MYR, with for Polymath's currency code being POLY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

POLY to MYR conversion rate trend

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Live Polymath (POLY) price chart
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In the past 1D, Polymath has changed +19.18% to MYR. Based on the trend and price charts, Polymath(POLY) has changed +19.18% to MYR while Malaysian Ringgit(MYR) has changed -16.10% to POLY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
RM0.4513
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2025/01/05 08:30:18(UTC+0)

How to buy Polymath

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Buy Polymath (POLY)
Use a variety of payment options to buy Polymath on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of POLY with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy POLY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
K
KHADY_XCHANGEGolden merchant
1968 tradesCompletion rate 100.00%
1643 NGN
Amount98.73 USDT
Limit17000 - 41000 NGN
Bank Transfer
Buy
D
DEENIENTERPRISE
1716 tradesCompletion rate 99.00%
1643 NGN
Amount25.22 USDT
Limit40000 - 81443.51 NGN
Bank Transfer
Buy
E
Emmy swift exchange Golden merchant
5550 tradesCompletion rate 100.00%
1643 NGN
Amount22.04 USDT
Limit17000 - 41000 NGN
Bank Transfer
Buy
y
ylfuntuaGolden merchant
6616 tradesCompletion rate 100.00%
1643.98 NGN
Amount94.04 USDT
Limit51000 - 164398 NGN
Bank Transfer
Buy
A
Ahmad_XchangeGolden merchant
5705 tradesCompletion rate 100.00%
1643.99 NGN
Amount342.72 USDT
Limit100000 - 913433.72 NGN
Bank Transfer
Buy

Sell POLY (or USDT) for MYR (Malaysian Ringgit) offers

Bitget P2P trading currently does not support direct selling of POLY to MYR. However, you can first exchange POLY for USDT in the Bitget spot market, and then sell USDT to MYR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
K
KHADY_XCHANGEGolden merchant
1968 tradesCompletion rate 100.00%
1643 NGN
Amount98.73 USDT
Limit17000 - 41000 NGN
Bank Transfer
Sell
D
DEENIENTERPRISE
1716 tradesCompletion rate 99.00%
1643 NGN
Amount25.22 USDT
Limit40000 - 81443.51 NGN
Bank Transfer
Sell
E
Emmy swift exchange Golden merchant
5550 tradesCompletion rate 100.00%
1643 NGN
Amount22.04 USDT
Limit17000 - 41000 NGN
Bank Transfer
Sell
y
ylfuntuaGolden merchant
6616 tradesCompletion rate 100.00%
1643.98 NGN
Amount94.04 USDT
Limit51000 - 164398 NGN
Bank Transfer
Sell
A
Ahmad_XchangeGolden merchant
5705 tradesCompletion rate 100.00%
1643.99 NGN
Amount342.72 USDT
Limit100000 - 913433.72 NGN
Bank Transfer
Sell

What factors influence the conversion rate of Polymath to Malaysian Ringgit?

Polymath to Malaysian Ringgit is rising this week.
Polymath's current market price is RM 0.4184 per POLY, with a total market cap of RM 387,055,608.12 MYR based on a circulating supply of 924,998,400 POLY. The trading volume of Polymath has changed by +3.42% (RM 944.69 MYR) in the last 24 hours. Last trading day, POLY's trading volume was RM 27,618.56.
Market cap
$86.01M
24h volume
$6.35K
Circulating supply
925.00M POLY
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Conversion tables

The exchange rate of Polymath is increasing.
1 POLY is currently valued at RM 0.4184 MYR , which means buying 5 POLY will cost RM 2.09 MYR . Similarly, RM1 MYR can be traded for 2.39 POLY, and RM50 MYR can be converted to 119.49 POLY, excluding any platform or gas fees.
The exchange rate of 1 POLY to Malaysian Ringgit has changed by +14.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +19.18%, reaching a high of 0.4797 MYR and a low of 0.3441 MYR . One month ago, the value of 1 POLY was RM 0.2762 MYR , which represents a +51.53% change from its current value. Over the last year, Polymath has changed by
-RM
0.5154MYR
, resulting in a change of -55.19% in its value.

POLY to MYR

Amount
11:45 am today
0.5 POLY
RM0.2092
1 POLY
RM0.4184
5 POLY
RM2.09
10 POLY
RM4.18
50 POLY
RM20.92
100 POLY
RM41.84
500 POLY
RM209.22
1000 POLY
RM418.44

MYR to POLY

Amount11:45 am today
0.5MYR1.19  POLY
1MYR2.39  POLY
5MYR11.95  POLY
10MYR23.9  POLY
50MYR119.49  POLY
100MYR238.98  POLY
500MYR1,194.92  POLY
1000MYR2,389.83  POLY

Today vs. 24 hours ago

Amount11:45 am today24 hours ago24h change
0.5 POLY$0.04649$0.03901
+19.18%
1 POLY$0.09299$0.07802
+19.18%
5 POLY$0.4649$0.3901
+19.18%
10 POLY$0.9299$0.7802
+19.18%
50 POLY$4.65$3.9
+19.18%
100 POLY$9.3$7.8
+19.18%
500 POLY$46.49$39.01
+19.18%
1000 POLY$92.99$78.02
+19.18%

Today vs. 1 month ago

Amount11:45 am today1 month ago1M change
0.5 POLY$0.04649$0.03068
+51.53%
1 POLY$0.09299$0.06137
+51.53%
5 POLY$0.4649$0.3068
+51.53%
10 POLY$0.9299$0.6137
+51.53%
50 POLY$4.65$3.07
+51.53%
100 POLY$9.3$6.14
+51.53%
500 POLY$46.49$30.68
+51.53%
1000 POLY$92.99$61.37
+51.53%

Today vs. 1 year ago

Amount11:45 am today1 year ago1Y change
0.5 POLY$0.04649$0.1038
-55.19%
1 POLY$0.09299$0.2075
-55.19%
5 POLY$0.4649$1.04
-55.19%
10 POLY$0.9299$2.08
-55.19%
50 POLY$4.65$10.38
-55.19%
100 POLY$9.3$20.75
-55.19%
500 POLY$46.49$103.76
-55.19%
1000 POLY$92.99$207.51
-55.19%
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Polymath price prediction

What will the price of POLY be in 2026?

Based on POLY's historical price performance prediction model, the price of POLY is projected to reach $0.08742 in 2026.

What will the price of POLY be in 2031?

In 2031, the POLY price is expected to change by +41.00%. By the end of 2031, the POLY price is projected to reach $0.2076, with a cumulative ROI of +161.22%.
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Mua Polymath với 1 MYR

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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.