Malaysia FX Intelligence

Malaysia Currency Volatility Dashboard

Track which major currencies are most volatile or most stable against the Malaysian Ringgit using official monthly exchange-rate data sourced from Bank Negara Malaysia. This dashboard helps importers, exporters, logistics providers, and business planners understand which currencies may create higher pricing uncertainty.

Latest Malaysia Currency Volatility: April 2025 to March 2026

This dashboard ranks selected currencies by recent volatility against the Malaysian Ringgit using month-end exchange-rate records.

Currencies Analysed 12 currencies
Most Volatile Currency JPY — Japanese Yen
Highest Volatility Score 6.38%
Most Stable Currency AUD — Australian Dollar

Currency Volatility Ranking Against MYR

Volatility is calculated from recent month-end exchange-rate movement. A higher score means the currency moved more sharply against MYR across the comparison period.

Rank 1

JPY — Japanese Yen

Volatility Level High Volatility
Volatility Score 6.38%
Average Monthly Movement 1.93%
Monthly Movement Standard Deviation 1.48%
Latest Month-End Rate 0.0253 MYR
Period Change -16.55%
Business Reading This currency may need closer monitoring for import costing, export quotation, and overseas payment planning.
Months Used 12 months
Rank 2

KRW — South Korean Won

Volatility Level High Volatility
Volatility Score 5.34%
Average Monthly Movement 1.75%
Monthly Movement Standard Deviation 1.63%
Latest Month-End Rate 0.0026 MYR
Period Change -12.84%
Business Reading This currency may need closer monitoring for import costing, export quotation, and overseas payment planning.
Months Used 12 months
Rank 3

PHP — Philippine Peso

Volatility Level Moderate Volatility
Volatility Score 4.90%
Average Monthly Movement 1.77%
Monthly Movement Standard Deviation 1.29%
Latest Month-End Rate 0.0665 MYR
Period Change -13.95%
Business Reading This currency shows moderate movement and should be reviewed before major pricing decisions.
Months Used 12 months
Rank 4

IDR — Indonesian Rupiah

Volatility Level Moderate Volatility
Volatility Score 3.92%
Average Monthly Movement 1.30%
Monthly Movement Standard Deviation 1.48%
Latest Month-End Rate 0.0002 MYR
Period Change -8.11%
Business Reading This currency shows moderate movement and should be reviewed before major pricing decisions.
Months Used 12 months
Rank 5

VND — Vietnamese Dong

Volatility Level Moderate Volatility
Volatility Score 3.10%
Average Monthly Movement 1.22%
Monthly Movement Standard Deviation 1.27%
Latest Month-End Rate 0.0002 MYR
Period Change -7.83%
Business Reading This currency shows moderate movement and should be reviewed before major pricing decisions.
Months Used 12 months
Rank 6

USD — US Dollar

Volatility Level Moderate Volatility
Volatility Score 3.09%
Average Monthly Movement 1.47%
Monthly Movement Standard Deviation 1.72%
Latest Month-End Rate 4.0375 MYR
Period Change -6.49%
Business Reading This currency shows moderate movement and should be reviewed before major pricing decisions.
Months Used 12 months
Rank 7

GBP — British Pound

Volatility Level Moderate Volatility
Volatility Score 3.07%
Average Monthly Movement 1.43%
Monthly Movement Standard Deviation 1.56%
Latest Month-End Rate 5.3297 MYR
Period Change -7.77%
Business Reading This currency shows moderate movement and should be reviewed before major pricing decisions.
Months Used 12 months
Rank 8

SGD — Singapore Dollar

Volatility Level Low Volatility
Volatility Score 2.48%
Average Monthly Movement 0.89%
Monthly Movement Standard Deviation 0.90%
Latest Month-End Rate 3.1267 MYR
Period Change -5.30%
Business Reading This currency has been relatively stable across the recent monthly comparison period.
Months Used 12 months
Rank 9

EUR — Euro

Volatility Level Low Volatility
Volatility Score 2.38%
Average Monthly Movement 1.49%
Monthly Movement Standard Deviation 1.55%
Latest Month-End Rate 4.6310 MYR
Period Change -5.66%
Business Reading This currency has been relatively stable across the recent monthly comparison period.
Months Used 12 months
Rank 10

THB — Thai Baht

Volatility Level Low Volatility
Volatility Score 1.84%
Average Monthly Movement 0.76%
Monthly Movement Standard Deviation 0.95%
Latest Month-End Rate 0.1227 MYR
Period Change -5.11%
Business Reading This currency has been relatively stable across the recent monthly comparison period.
Months Used 12 months
Rank 11

CNY — Chinese Yuan

Volatility Level Low Volatility
Volatility Score 1.52%
Average Monthly Movement 0.80%
Monthly Movement Standard Deviation 1.25%
Latest Month-End Rate 0.5844 MYR
Period Change -1.62%
Business Reading This currency has been relatively stable across the recent monthly comparison period.
Months Used 12 months
Rank 12

AUD — Australian Dollar

Volatility Level Very Stable
Volatility Score 0.81%
Average Monthly Movement 0.84%
Monthly Movement Standard Deviation 1.00%
Latest Month-End Rate 2.7653 MYR
Period Change 0.10%
Business Reading This currency has been relatively stable across the recent monthly comparison period.
Months Used 12 months
Source: Official monthly exchange-rate data from data.gov.my, sourced from Bank Negara Malaysia. Volatility is calculated from recent month-end rates and is provided for general business reference only. Actual transaction rates may differ.

Why Currency Volatility Matters

Currency volatility measures how much an exchange rate moves over time. A currency may not be the strongest or weakest overall, but it may still move sharply from month to month. For businesses, this matters because unstable currency movement can affect landed cost, overseas supplier payments, export pricing, freight charges, budget planning, and customer quotations.

For importers, a volatile foreign currency may create uncertainty in MYR payment costs. For exporters, volatility may affect overseas competitiveness, quotation timing, and realised revenue after conversion. For logistics providers, FX volatility may affect freight discussions, international cost recovery, overseas agency charges, and customer planning.

How to Use This Dashboard

Use this dashboard to identify currencies that may require closer monitoring before confirming import orders, export quotations, or cross-border logistics costs. A higher volatility score means the currency has moved more sharply across recent monthly records. A lower volatility score means the currency has been relatively more stable against MYR.

Data Notice: Exchange rate data is sourced from official monthly exchange-rate data published through data.gov.my and sourced from Bank Negara Malaysia. This dashboard is provided for general information and reference only. Actual bank, card, remittance, treasury, money changer, or commercial transaction rates may differ.