Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

SHRED to MYR Converter and calculator

SHRED/MYR: 1 SHRED = 0.06195 MYR. The price of converting 1 ShredN (SHRED) to Malaysian Ringgit (MYR) is 0.06195 MYR today.
SHRED
SHRED
MYR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SHRED to MYR real-time exchange rates, making it easy to convert ShredN (SHRED) to Malaysian Ringgit (MYR). The conversion result is based on real-time data. The conversion result shows that 1 SHRED is currently valued at 0.06 MYR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHRED is currently valued at 0.06 MYR, which means buying 5 SHRED would cost 0.31 MYR. Similarly, RM1 MYR can be converted to 16.14 SHRED, and RM50 MYR can be converted to 80.71 SHRED, excluding any platform or gas fees.

Convert SHRED to MYR

Convert MYR to SHRED

ShredN
Malaysian Ringgit
1000 SHRED
61.95  MYR
5000 SHRED
309.75  MYR
10000 SHRED
619.5  MYR
In the table above, you'll find a comprehensive SHRED to MYR converter that shows the value of ShredN in Malaysian Ringgit across commonly used conversion amounts. The list covers conversions from 1 SHRED to MYR, all the way up to 10000 SHRED, providing a clear view of their respective values.
Malaysian Ringgit
ShredN
1000 MYR
16,141.98 SHRED
2000 MYR
32,283.97 SHRED
5000 MYR
80,709.92 SHRED
10000 MYR
161,419.84 SHRED
50000 MYR
807,099.21 SHRED
100000 MYR
1,614,198.43 SHRED
In the table above, you'll find a comprehensive MYR to SHRED converter that shows the value of Malaysian Ringgit in ShredN across commonly used conversion amounts. The list covers conversions from 1 MYR to SHRED, all the way up to 100000 MYR, providing a clear view of their respective values.

SHRED to MYR chart

SHRED/MYR: 1 SHRED = 0.06195 MYR; 2025/04/26 12:45:09
In the past 1D, ShredN has changed -1.76% to MYR. Based on the trend and price charts, ShredN(SHRED) has changed -1.76% to MYR while Malaysian Ringgit(MYR) has changed % to SHRED in the last 24 hours.
1D7D1M3M1YAll

SHRED to MYR conversion data: Volatility and price changes of ShredN in MYR

The highest ShredN price in MYR over the past 7 days was 0.1153 MYR while the lowest ShredN price in MYR over the past 7 days was 0.05421 MYR. The relative change between the highs and lows in ShredN price in MYR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHRED to MYR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.06393 MYR
0.1153 MYR
0.1153 MYR
0.5515 MYR
Low
0.06193 MYR
0.05421 MYR
0.04205 MYR
0.04205 MYR
Average
0 MYR
0 MYR
0 MYR
0 MYR
Volatility
%
%
%
%
Change
-1.76%
+12.67%
-30.75%
-86.85%

ShredN information

SHRED to MYR market statistics

SHRED/MYR:
RM0.06195
SHRED 24h volume:
--
SHRED market cap:
RM13,009.55
SHRED circulating supply:
210.00K SHRED

Current SHRED to MYR exchange rate

ShredN to Malaysian Ringgit is rising this week.
ShredN's current market price is RM0.06195 per SHRED, with a total market cap of RM13,009.55 MYR based on a circulating supply of 210,000 SHRED. The trading volume of ShredN has changed by 0.00% (RM0 MYR) in the last 24 hours. Last trading day, SHRED's trading volume was RM0.

More info about ShredN on Bitget

Malaysian Ringgit 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.

Bitget crypto-to-fiat exchange data shows that the most popular ShredN currency pair is the SHRED to MYR, with for ShredN's currency code being SHRED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94377.00 USD
popular info ethereum
ETH to USD
1 ETH to 1806.87 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.38 USD
popular info bitcoin
BTC to EUR
1 BTC to 82778.07 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70886.56 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131051.90 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537042.88 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058351.83 INR
popular info pi-network
PI to INR
1 PI to 55.52 INR

Hot promotions

How to convert SHRED to MYR

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert SHRED to MYR
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy SHRED (or USDT) for MYR (Malaysian Ringgit) offers
Bitget P2P trading does not currently support direct buying of SHRED with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy SHRED with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular ShredN Converter

popular info New Taiwan dollar
SHRED to TWD
1 SHRED to NT$0.4610 TWD
popular info Malaysian Ringgit
SHRED to MYR
1 SHRED to RM0.06195 MYR
popular info Chinese Yuan
SHRED to CNY
1 SHRED to ¥0.1033 CNY
popular info United States Dollar
SHRED to USD
1 SHRED to $0.01416 USD
popular info Euro
SHRED to EUR
1 SHRED to €0.01242 EUR
popular info Canadian Dollar
SHRED to CAD
1 SHRED to C$0.01967 CAD
popular info South Korean Won
SHRED to KRW
1 SHRED to ₩20.37 KRW
popular info Japanese Yen
SHRED to JPY
1 SHRED to ¥2.03 JPY
popular info Pound Sterling
SHRED to GBP
1 SHRED to £0.01064 GBP
popular info Brazilian Real
SHRED to BRL
1 SHRED to R$0.08059 BRL

Popular cryptocurrencies to MYR

other assets Bonk
BONK to MYR
1 BONK to RM0.{4}7973 MYR
other assets Virtuals Protocol
VIRTUAL to MYR
1 VIRTUAL to RM4.58 MYR
other assets Worldcoin
WLD to MYR
1 WLD to RM4.85 MYR
other assets Solayer
LAYER to MYR
1 LAYER to RM9.93 MYR
other assets NEM
XEM to MYR
1 XEM to RM0.09636 MYR
other assets Brett (Based)
BRETT to MYR
1 BRETT to RM0.2873 MYR
other assets OFFICIAL TRUMP
TRUMP to MYR
1 TRUMP to RM67.22 MYR
other assets Wen
WEN to MYR
1 WEN to RM0.0001884 MYR
other assets Dogecoin
DOGE to MYR
1 DOGE to RM0.7974 MYR
other assets Pepe
PEPE to MYR
1 PEPE to RM0.{4}4031 MYR

SHRED to MYR Conversion tables

The exchange rate of ShredN is decreasing.
The exchange rate of 1 SHRED to Malaysian Ringgit has changed by +12.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.76%, reaching a high of 0.06393 MYR and a low of 0.06193 MYR . One month ago, the value of 1 SHRED was RM0.08945 MYR , which represents a -30.75% change from its current value. Over the last year, ShredN has changed by
-RM
4.16MYR
, resulting in a change of -98.53% in its value.
24 hours ago1 month ago1 year ago
Amount12:45 today24 hours ago24h change
0.5 SHREDRM0.03098RM0.03153
-1.76%
1 SHREDRM0.06195RM0.06306
-1.76%
5 SHREDRM0.3098RM0.3153
-1.76%
10 SHREDRM0.6195RM0.6306
-1.76%
50 SHREDRM3.1RM3.15
-1.76%
100 SHREDRM6.2RM6.31
-1.76%
500 SHREDRM30.98RM31.53
-1.76%
1000 SHREDRM61.95RM63.06
-1.76%

SHRED to MYR FAQ

How much is 1 ShredN in MYR?
Right now, the price of 1 ShredN (SHRED) in Malaysian Ringgit (MYR) is RM0.06195.
How much SHRED can I buy for 1 MYR?
Based on the current exchange rate, you can get 16.14 SHRED for 1 MYR.
How do I calculate or convert SHRED to MYR?
You can use our SHRED to MYR calculator at the top of this page to convert any amount of SHRED to MYR. We've also included quick-reference tables for the most popular conversions. For example, 5 MYR is equivalent to 80.71 SHRED, while 5 SHRED will cost around 0.3098MYR.
What is the highest price of SHRED/MYR in history?
The all-time high price of 1 SHRED in MYR is RM20.43. It remains to be seen if the value of 1 SHRED/MYR will exceed the current all-time high.
What is the price trend of ShredN in MYR?
Over the past 7 days, the exchange rate of ShredN (SHRED) has gone up by 12.67%.   Over the last month, the exchange rate of ShredN (SHRED) has gone down by 30.75% against Malaysian Ringgit (MYR).

What factors influence the conversion rate of SHRED to MYR?

There are many factors that affect the relationship between ShredN and Malaysian Ringgit, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SHRED/MYR. When there is positive news in the market about the widespread adoption of SHRED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHRED/MYR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHRED/MYR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SHRED/MYR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of ShredN and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.