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Solidex to Malaysian Ringgit Converter and calculator

Convert 1Solidex (SEX) to Malaysian Ringgit (MYR) equals RM 0.004261 | 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 Solidex(SEX) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 SEX at a value of 1 SEX for 0.00 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 Solidex currency pair is the SEX to MYR, with for Solidex's currency code being SEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

SEX to MYR conversion rate trend

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In the past 1D, Solidex has changed +95.19% to MYR. Based on the trend and price charts, Solidex(SEX) has changed +95.19% to MYR while Malaysian Ringgit(MYR) has changed % to SEX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
RM786,044,149.72
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2023/12/01 12:00:07(UTC+0)

How to buy Solidex

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

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

Bitget P2P trading does not currently support direct buying of SEX with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy SEX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
D
Darkelite_224Verified Merchant
68 tradesCompletion rate 100.00%
4.774 MYR
Amount519.46 USDT
Limit1000 - 3479.91 MYR
Bank Transfer
Buy
B
BGUSER-30DFBRPBVerified Merchant
1 tradesCompletion rate 100.00%
4.82 MYR
Amount354.77 USDT
Limit500 - 2410 MYR
Bank Transfer
Buy
C
CallMe_LengzaiiVerified Merchant
63 tradesCompletion rate 97.00%
4.83 MYR
Amount106 USDT
Limit50 - 500 MYR
Bank TransferTouch 'n Go
Buy
E
Eve fast traderVerified Merchant
81 tradesCompletion rate 98.00%
4.83 MYR
Amount688.41 USDT
Limit600 - 3325 MYR
Bank Transfer
Buy
C
CallMe_LengzaiiVerified Merchant
63 tradesCompletion rate 97.00%
4.85 MYR
Amount30 USDT
Limit145 - 145 MYR
Touch 'n Go
Buy

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

Bitget P2P trading currently does not support direct selling of SEX to MYR. However, you can first exchange SEX 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
C
CrytoMY_StoreVerified Merchant
69 tradesCompletion rate 100.00%
4.71 MYR
Amount1179.77 USDT
Limit50 - 3500 MYR
Bank TransferTouch 'n GoMaybankDuitNow
Sell
E
Eve fast traderVerified Merchant
81 tradesCompletion rate 98.00%
4.7 MYR
Amount67643.56 USDT
Limit800 - 20000 MYR
Bank TransferTouch 'n GoMaybankDuitNow
Sell
Z
ZOEY3101Verified Merchant
5 tradesCompletion rate 71.00%
4.7 MYR
Amount17312.42 USDT
Limit300 - 50000 MYR
Bank TransferTransfers with specific bankTouch 'n GoMaybankDuitNow
Sell
L
Lemau8531Verified Merchant
48 tradesCompletion rate 96.00%
4.68 MYR
Amount8943 USDT
Limit3000 - 30000 MYR
Bank TransferTouch 'n GoMaybankDuitNow
Sell
C
C0INSHAVerified Merchant
0 tradesCompletion rate 0.00%
4.68 MYR
Amount20000 USDT
Limit500 - 90200 MYR
Bank Transfer
Sell

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

Solidex to Malaysian Ringgit is rising this week.
Solidex's current market price is RM 0.004261 per SEX, with a total market cap of RM 0 MYR based on a circulating supply of -- SEX. The trading volume of Solidex has changed by -37.15% (RM -5.99 MYR) in the last 24 hours. Last trading day, SEX's trading volume was RM 16.12.
Market cap
$0
24h volume
$2.15029147
Circulating supply
0 SEX

Conversion tables

The exchange rate of Solidex is increasing.
1 SEX is currently valued at RM 0.004261 MYR , which means buying 5 SEX will cost RM 0.02131 MYR . Similarly, RM1 MYR can be traded for 234.67 SEX, and RM50 MYR can be converted to 11,733.47 SEX, excluding any platform or gas fees.
The exchange rate of 1 SEX to Malaysian Ringgit has changed by +14.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +95.19%, reaching a high of 0.008764 MYR and a low of 0.004162 MYR . One month ago, the value of 1 SEX was RM 0.003191 MYR , which represents a +38.40% change from its current value. Over the last year, Solidex has changed by
-RM
0.2679MYR
, resulting in a change of -98.58% in its value.

SEX to MYR

Amount
20:31 today
0.5 SEX
RM0.002131
1 SEX
RM0.004261
5 SEX
RM0.02131
10 SEX
RM0.04261
50 SEX
RM0.2131
100 SEX
RM0.4261
500 SEX
RM2.13
1000 SEX
RM4.26

MYR to SEX

Amount20:31 today
0.5MYR117.33  SEX
1MYR234.67  SEX
5MYR1,173.35  SEX
10MYR2,346.69  SEX
50MYR11,733.47  SEX
100MYR23,466.94  SEX
500MYR117,334.68  SEX
1000MYR234,669.36  SEX
Buy Solidex for 1 MYR
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Today vs. 24 hours ago

Amount20:31 today24 hours ago24h change
0.5 SEX$0.0004523$0.{4}2580
+95.19%
1 SEX$0.0009046$0.{4}5159
+95.19%
5 SEX$0.004523$0.0002580
+95.19%
10 SEX$0.009046$0.0005159
+95.19%
50 SEX$0.04523$0.002580
+95.19%
100 SEX$0.09046$0.005159
+95.19%
500 SEX$0.4523$0.02580
+95.19%
1000 SEX$0.9046$0.05159
+95.19%

Today vs. 1 month ago

Amount20:31 today1 month ago1M change
0.5 SEX$0.0004523$0.0003387
+38.40%
1 SEX$0.0009046$0.0006775
+38.40%
5 SEX$0.004523$0.003387
+38.40%
10 SEX$0.009046$0.006775
+38.40%
50 SEX$0.04523$0.03387
+38.40%
100 SEX$0.09046$0.06775
+38.40%
500 SEX$0.4523$0.3387
+38.40%
1000 SEX$0.9046$0.6775
+38.40%
Buy Solidex for 1 MYR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount20:31 today1 year ago1Y change
0.5 SEX$0.0004523$0.02889
-98.58%
1 SEX$0.0009046$0.05778
-98.58%
5 SEX$0.004523$0.2889
-98.58%
10 SEX$0.009046$0.5778
-98.58%
50 SEX$0.04523$2.89
-98.58%
100 SEX$0.09046$5.78
-98.58%
500 SEX$0.4523$28.89
-98.58%
1000 SEX$0.9046$57.78
-98.58%

Solidex price prediction

What will the price of SEX be in 2025?

Based on SEX's historical price performance prediction model, the price of SEX is projected to reach $0.001007 in 2025.

What will the price of SEX be in 2030?

In 2030, the SEX price is expected to change by +1.00%. By the end of 2030, the SEX price is projected to reach $0.001916, with a cumulative ROI of +111.81%.
Buy Solidex for 1 MYR
A welcome pack worth 1000 USDT for new Bitgetters!
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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 Solidex 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 Solidex 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 Solidex 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.