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FX Rate to USD (Average) fell 3.77% yoy to 4.45 per USD in Malaysia in 3Q2024

FX Rate to USD (Average) (per USD), 3Q2024
Economy | Malaysia | October 20, 2024
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Average FX rate to USD fell 3.77% yoy to 4.45 per USD in Malaysia in 3Q2024, according to the National Statistical Office. This is 5.89% less than in the previous quarter.

Historically, Average FX rate to USD in Malaysia reached an all time high of 4.73 per USD in 2Q2024 and an all time low of 2.14 per USD in 3Q1980. When compared to Malaysia's main peers, Average FX rate to USD in Cambodia amounted to 4,090 per USD, 1.32 per USD in Singapore, 34.8 per USD in Thailand and 24,220 per USD in Vietnam in 3Q2024.

Malaysia has been ranked 89th within the group of 142 countries we follow in terms of Average FX rate to USD, 27 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Cambodia per USD 4,084 4,105 4,134 4,119 4,072
China per USD 6.84 7.02 7.25 7.23 7.19
Indonesia per USD 15,241 14,870 15,213 15,624 15,660
Laos per USD 16,248 16,980 18,253 19,275 19,422 ...
Malaysia per USD 4.39 4.53 4.63 4.70 4.72
Myanmar per USD 2,100 2,100 2,100 2,100 2,100 ... ...
Philippines per USD 54.9 55.6 56.0 56.1 56.0
Singapore per USD 1.33 1.34 1.35 1.35 1.34
Thailand per USD 33.9 34.5 35.2 35.7 35.7
Vietnam per USD 23,619 23,681 23,894 23,955 23,985