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FX Rate to USD (Average) rose 3.63% to 4.56 per USD in Malaysia in 2023

FX Rate to USD (Average) (per USD), 2023
Economy | Malaysia | May 19, 2024
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Average FX rate to USD rose 3.63% to 4.56 per USD in Malaysia in 2023, according to the National Statistical Office.

Historically, Average FX rate to USD in Malaysia reached an all time high of 4.56 per USD in 2023 and an all time low of 2.18 per USD in 1980. When compared to Malaysia's main peers, Average FX rate to USD in Cambodia amounted to 4,111 per USD, 1.34 per USD in Singapore, 34.8 per USD in Thailand and 23,787 per USD in Vietnam in 2023.

Malaysia has been ranked 98th within the group of 134 countries we follow in terms of Average FX rate to USD, 22 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Cambodia per USD 4,051 4,051 4,061 4,093 4,099
China per USD 6.76 6.62 6.91 6.90 6.45
Indonesia per USD 13,381 14,237 14,148 14,582 14,308
Laos per USD 8,245 8,401 8,679 9,046 9,698
Malaysia per USD 4.30 4.04 4.14 4.20 4.14
Myanmar per USD 1,360 1,430 1,518 1,382 ... ... ...
Philippines per USD 50.4 52.7 51.8 49.6 49.3
Singapore per USD 1.38 1.35 1.36 1.38 1.34
Thailand per USD 33.9 32.3 31.0 31.3 32.0
Vietnam per USD 22,370 22,602 23,050 23,208 23,160