Malaysian Ringgit (MYR)

The current Malaysian Ringgit (MYR) exchange rate in General is 31.91 new SYP (3,191 old) for buying and 32.41 new SYP (3,241 old) for selling. Rates are updated multiple times daily during trading hours (10 AM - 7 PM Damascus time).

Exchange rates for Malaysian Ringgit vary between cities like Damascus, Aleppo, Idlib, and Al-Hasakah due to differences in local supply and demand, transportation costs, security conditions, and the availability of foreign currency in each region. Border cities often have different rates due to cross-border trade dynamics.

You can exchange Malaysian Ringgit at licensed exchange offices (صرافات) throughout General. Major exchange offices are typically found in commercial districts and near souks. Always compare rates from multiple offices as they can vary. Our site shows aggregated rates from trusted exchange companies in General.

The "buy" rate is what exchange offices pay you when you sell Malaysian Ringgit to them (converting to Syrian Pounds). The "sell" rate is what you pay them when buying Malaysian Ringgit (converting from Syrian Pounds). The difference between these rates is called the "spread" and represents the exchange office's profit margin.

Our exchange rates are updated multiple times throughout the day based on real-time market data from various sources including licensed exchange companies and market indicators. Exchange companies operate from 10 AM to 6 PM local time. Outside these hours, rates remain stable until the next trading day. The "Last Updated" timestamp shows when each rate was last refreshed.

Several factors influence the MYR/SYP exchange rate including: economic sanctions and their impact on foreign currency availability, regional political developments, Central Bank policies, inflation rates, import/export activities, remittances from Syrians abroad, and global currency market trends.