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Ethena to Malaysian Ringgit Converter and calculator

Convert 1Ethena (ENA) to Malaysian Ringgit (MYR) equals RM 3.34 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ethena(ENA) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 ENA at a value of 1 ENA for 3.34 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 Ethena currency pair is the ENA to MYR, with for Ethena's currency code being ENA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

ENA to MYR conversion rate trend

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In the past 1D, Ethena has changed -4.44% to MYR. Based on the trend and price charts, Ethena(ENA) has changed -4.44% to MYR while Malaysian Ringgit(MYR) has changed % to ENA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
RM3.33
0.0002% / 0.0003%vip-iconVIP
Binance
RM3.32
0.1000% / 0.1000%
Yes
Huobi
RM3.32
0.1000% / 0.1000%
Yes
Gate.io
RM3.32
0.1000% / 0.1000%
Yes
Bybit
RM3.32
0.1000% / 0.1000%
Yes
KuCoin
RM3.32
0.1000% / 0.1000%
Yes
Bitfinex
RM3.32
0.1000% / 0.1000%
Yes
Last updated 2024/06/17 09:00:21(UTC+0)

How to buy Ethena

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ethena (ENA)
Use a variety of payment options to buy Ethena on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of ENA with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy ENA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
M
MYR- Flashsale- 724Ultra-MerchantGolden merchantVerified Merchant
191 tradesCompletion rate 95.00%
4.7 MYR
Amount1053.5 USDT
Limit47 - 235 MYR
Bank TransferTouch 'n Go
Buy
C
Cryptogod888Verified Merchant
68 tradesCompletion rate 92.00%
4.778 MYR
Amount8678.6 USDT
Limit800 - 15000 MYR
Bank Transfer
Buy
M
Mee Sedap•24hrGolden merchantVerified Merchant
487 tradesCompletion rate 100.00%
4.781 MYR
Amount2302 USDT
Limit130 - 10812.36 MYR
Bank Transfer
Buy
D
Darkelite_224Verified Merchant
5 tradesCompletion rate 100.00%
4.785 MYR
Amount977.75 USDT
Limit1000 - 4678.53 MYR
Bank Transfer
Buy
Q
Qu OnlineVerified Merchant
45 tradesCompletion rate 100.00%
4.79 MYR
Amount5935.78 USDT
Limit1000 - 4900 MYR
Bank Transfer
Buy

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

Bitget P2P trading currently does not support direct selling of ENA to MYR. However, you can first exchange ENA 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
S
Speedy_ExchangeVerified Merchant
47 tradesCompletion rate 96.00%
4.732 MYR
Amount41360.07 USDT
Limit1000 - 30000 MYR
Bank TransferMaybankDuitNow
Sell
T
TradeboiVerified Merchant
39 tradesCompletion rate 98.00%
4.73 MYR
Amount1000 USDT
Limit200 - 2000 MYR
Bank TransferMaybank
Sell
M
MYR-ChangerVerified Merchant
1 tradesCompletion rate 100.00%
4.73 MYR
Amount1000 USDT
Limit100 - 4730 MYR
Bank Transfer
Sell
J
J G 2006Golden merchantVerified Merchant
758 tradesCompletion rate 98.00%
4.72 MYR
Amount497.41 USDT
Limit200 - 2832 MYR
Bank TransferTouch 'n Go
Sell
C
CrytoMY_StoreVerified Merchant
59 tradesCompletion rate 97.00%
4.72 MYR
Amount775.49 USDT
Limit50 - 3500 MYR
Bank TransferTouch 'n GoMaybankDuitNow
Sell

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

Ethena to Malaysian Ringgit is falling this week.
Ethena's current market price is RM 3.34 per ENA, with a total market cap of RM 5,083,776,974.8 MYR based on a circulating supply of 1,520,312,400 ENA. The trading volume of Ethena has changed by +24.85% (RM 86,931,297.26 MYR) in the last 24 hours. Last trading day, ENA's trading volume was RM 349,763,611.37.
Market cap
$1.08B
24h volume
$92.53M
Circulating supply
1.52B ENA

Conversion tables

The exchange rate of Ethena is decreasing.
1 ENA is currently valued at RM 3.34 MYR , which means buying 5 ENA will cost RM 16.72 MYR . Similarly, RM1 MYR can be traded for 0.2991 ENA, and RM50 MYR can be converted to 14.95 ENA, excluding any platform or gas fees.
The exchange rate of 1 ENA to Malaysian Ringgit has changed by -12.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.44%, reaching a high of 3.65 MYR and a low of 3.31 MYR . One month ago, the value of 1 ENA was RM 3.63 MYR , which represents a -7.99% change from its current value. Over the last year, Ethena has changed by
+RM
3.34MYR
, resulting in a change of --% in its value.

ENA to MYR

Amount
09:36 am today
0.5 ENA
RM1.67
1 ENA
RM3.34
5 ENA
RM16.72
10 ENA
RM33.44
50 ENA
RM167.2
100 ENA
RM334.39
500 ENA
RM1,671.95
1000 ENA
RM3,343.9

MYR to ENA

Amount09:36 am today
0.5MYR0.1495  ENA
1MYR0.2991  ENA
5MYR1.5  ENA
10MYR2.99  ENA
50MYR14.95  ENA
100MYR29.91  ENA
500MYR149.53  ENA
1000MYR299.05  ENA
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Today vs. 24 hours ago

Amount09:36 am today24 hours ago24h change
0.5 ENA$0.3543$0.3707
-4.44%
1 ENA$0.7085$0.7415
-4.44%
5 ENA$3.54$3.71
-4.44%
10 ENA$7.09$7.41
-4.44%
50 ENA$35.43$37.07
-4.44%
100 ENA$70.85$74.15
-4.44%
500 ENA$354.26$370.74
-4.44%
1000 ENA$708.53$741.48
-4.44%

Today vs. 1 month ago

Amount09:36 am today1 month ago1M change
0.5 ENA$0.3543$0.3850
-7.99%
1 ENA$0.7085$0.7701
-7.99%
5 ENA$3.54$3.85
-7.99%
10 ENA$7.09$7.7
-7.99%
50 ENA$35.43$38.5
-7.99%
100 ENA$70.85$77.01
-7.99%
500 ENA$354.26$385.03
-7.99%
1000 ENA$708.53$770.06
-7.99%
Buy Ethena for 1 MYR
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Today vs. 1 year ago

Amount09:36 am today1 year ago1Y change
0.5 ENA$0.3543$-0.{4}3284
--
1 ENA$0.7085$-0.{4}6568
--
5 ENA$3.54$-0.0003284
--
10 ENA$7.09$-0.0006568
--
50 ENA$35.43$-0.003284
--
100 ENA$70.85$-0.006568
--
500 ENA$354.26$-0.03284
--
1000 ENA$708.53$-0.06568
--

Ethena price prediction

What will the price of ENA be in 2025?

Based on ENA's historical price performance prediction model, the price of ENA is projected to reach -- in 2025.

What will the price of ENA be in 2030?

In 2030, the ENA price is expected to rise by -7.00%. By the end of 2030, the ENA price is projected to reach --, with a cumulative ROI of 0.00%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ethena and MYR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ethena and MYR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ethena in MYR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.