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base info Quantum Resistant Ledger

Quantum Resistant Ledger to Malaysian Ringgit Converter and calculator

Convert 1Quantum Resistant Ledger (QRL) to Malaysian Ringgit (MYR) equals RM 1.82 | Bitget
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Last updated as of 2025/02/19 19:26:20 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Quantum Resistant Ledger(QRL) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 QRL at a value of 1 QRL for 1.82 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 Quantum Resistant Ledger currency pair is the QRL to MYR, with for Quantum Resistant Ledger's currency code being QRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

QRL to MYR conversion rate trend

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Live Quantum Resistant Ledger (QRL) price chart
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In the past 1D, Quantum Resistant Ledger has changed +6.67% to MYR. Based on the trend and price charts, Quantum Resistant Ledger(QRL) has changed +6.67% to MYR while Malaysian Ringgit(MYR) has changed -6.25% to QRL in the last 24 hours.

How to buy Quantum Resistant Ledger

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Use a variety of payment options to buy Quantum Resistant Ledger on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of QRL with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy QRL with USDT via Bitget spot market.
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Sell QRL (or USDT) for MYR (Malaysian Ringgit) offers

Bitget P2P trading currently does not support direct selling of QRL to MYR. However, you can first exchange QRL 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
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What factors influence the conversion rate of Quantum Resistant Ledger to Malaysian Ringgit?

Quantum Resistant Ledger to Malaysian Ringgit is falling this week.
Quantum Resistant Ledger's current market price is RM 1.82 per QRL, with a total market cap of RM 123,684,181.61 MYR based on a circulating supply of 67,937,170 QRL. The trading volume of Quantum Resistant Ledger has changed by -0.03% (RM -68.55 MYR) in the last 24 hours. Last trading day, QRL's trading volume was RM 241,375.19.
Market cap
$27.82M
24h volume
$54.28K
Circulating supply
67.94M QRL
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Conversion tables

The exchange rate of Quantum Resistant Ledger is decreasing.
1 QRL is currently valued at RM 1.82 MYR , which means buying 5 QRL will cost RM 9.1 MYR . Similarly, RM1 MYR can be traded for 0.5493 QRL, and RM50 MYR can be converted to 27.46 QRL, excluding any platform or gas fees.
The exchange rate of 1 QRL to Malaysian Ringgit has changed by -2.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.67%, reaching a high of 1.87 MYR and a low of 1.77 MYR . One month ago, the value of 1 QRL was RM 2.16 MYR , which represents a -15.51% change from its current value. Over the last year, Quantum Resistant Ledger has changed by
+RM
0.9262MYR
, resulting in a change of +102.53% in its value.

QRL to MYR

Amount
19:26 today
0.5 QRL
RM0.9103
1 QRL
RM1.82
5 QRL
RM9.1
10 QRL
RM18.21
50 QRL
RM91.03
100 QRL
RM182.06
500 QRL
RM910.28
1000 QRL
RM1,820.57

MYR to QRL

Amount19:26 today
0.5MYR0.2746  QRL
1MYR0.5493  QRL
5MYR2.75  QRL
10MYR5.49  QRL
50MYR27.46  QRL
100MYR54.93  QRL
500MYR274.64  QRL
1000MYR549.28  QRL

Today vs. 24 hours ago

Amount19:26 today24 hours ago24h change
0.5 QRL$0.2048$0.1919
+6.67%
1 QRL$0.4095$0.3838
+6.67%
5 QRL$2.05$1.92
+6.67%
10 QRL$4.1$3.84
+6.67%
50 QRL$20.48$19.19
+6.67%
100 QRL$40.95$38.38
+6.67%
500 QRL$204.77$191.9
+6.67%
1000 QRL$409.53$383.79
+6.67%

Today vs. 1 month ago

Amount19:26 today1 month ago1M change
0.5 QRL$0.2048$0.2425
-15.51%
1 QRL$0.4095$0.4851
-15.51%
5 QRL$2.05$2.43
-15.51%
10 QRL$4.1$4.85
-15.51%
50 QRL$20.48$24.25
-15.51%
100 QRL$40.95$48.51
-15.51%
500 QRL$204.77$242.53
-15.51%
1000 QRL$409.53$485.06
-15.51%

Today vs. 1 year ago

Amount19:26 today1 year ago1Y change
0.5 QRL$0.2048$0.1006
+102.53%
1 QRL$0.4095$0.2012
+102.53%
5 QRL$2.05$1.01
+102.53%
10 QRL$4.1$2.01
+102.53%
50 QRL$20.48$10.06
+102.53%
100 QRL$40.95$20.12
+102.53%
500 QRL$204.77$100.59
+102.53%
1000 QRL$409.53$201.19
+102.53%
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Quantum Resistant Ledger price prediction

What will the price of QRL be in 2026?

Based on QRL's historical price performance prediction model, the price of QRL is projected to reach $0.4654 in 2026.

What will the price of QRL be in 2031?

In 2031, the QRL price is expected to change by +39.00%. By the end of 2031, the QRL price is projected to reach $1.27, with a cumulative ROI of +212.68%.
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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.