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Quicksilver to Malaysian Ringgit Converter and calculator

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Convert 1Quicksilver (QCK) to Malaysian Ringgit (MYR) equals RM 0.01644 | Bitget
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Last updated as of 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 Quicksilver(QCK) to Malaysian Ringgit(MYR). This is the real-time data. The current conversion shows 1 QCK at a value of 1 QCK for 0.02 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 Quicksilver currency pair is the QCK to MYR, with for Quicksilver's currency code being QCK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

QCK to MYR conversion rate trend

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In the past 1D, Quicksilver has changed -15.65% to MYR. Based on the trend and price charts, Quicksilver(QCK) has changed -15.65% to MYR while Malaysian Ringgit(MYR) has changed % to QCK in the last 24 hours.

QCK to MYR market statistics

QCK/MYR:
RM 0.01644
QCK 24h volume:
RM 5,558.09
QCK market cap:
--
QCK circulating supply:
0 QCK

Current QCK to MYR exchange rate

Quicksilver to Malaysian Ringgit is falling this week.
Quicksilver's current market price is RM 0.01644 per QCK, with a total market cap of RM 0 MYR based on a circulating supply of -- QCK. The trading volume of Quicksilver has changed by +1095.06% (RM 5,093.01 MYR) in the last 24 hours. Last trading day, QCK's trading volume was RM 465.09.

QCK to MYR Conversion tables

The exchange rate of Quicksilver is decreasing.
1 QCK is currently valued at RM 0.01644 MYR , which means buying 5 QCK will cost RM 0.08219 MYR . Similarly, RM1 MYR can be traded for 60.83 QCK, and RM50 MYR can be converted to 3,041.64 QCK, excluding any platform or gas fees.
The exchange rate of 1 QCK to Malaysian Ringgit has changed by -13.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -15.65%, reaching a high of 0.01966 MYR and a low of 0.01361 MYR . One month ago, the value of 1 QCK was RM 0.02252 MYR , which represents a -27.00% change from its current value. Over the last year, Quicksilver has changed by
-RM
0.2122MYR
, resulting in a change of -92.81% in its value.

QCK to MYR

Amount
23:59 today
0.5 QCK
RM0.008219
1 QCK
RM0.01644
5 QCK
RM0.08219
10 QCK
RM0.1644
50 QCK
RM0.8219
100 QCK
RM1.64
500 QCK
RM8.22
1000 QCK
RM16.44

MYR to QCK

Amount23:59 today
0.5MYR30.42  QCK
1MYR60.83  QCK
5MYR304.16  QCK
10MYR608.33  QCK
50MYR3,041.64  QCK
100MYR6,083.28  QCK
500MYR30,416.41  QCK
1000MYR60,832.83  QCK
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QCK to MYR Today vs. 24 hours ago

Amount23:59 today24 hours ago24h change
0.5 QCKRM0.008219RM0.009744
-15.65%
1 QCKRM0.01644RM0.01949
-15.65%
5 QCKRM0.08219RM0.09744
-15.65%
10 QCKRM0.1644RM0.1949
-15.65%
50 QCKRM0.8219RM0.9744
-15.65%
100 QCKRM1.64RM1.95
-15.65%
500 QCKRM8.22RM9.74
-15.65%
1000 QCKRM16.44RM19.49
-15.65%

QCK to MYR Today vs. 1 month ago

Amount23:59 today1 month ago1M change
0.5 QCKRM0.008219RM0.01126
-27.00%
1 QCKRM0.01644RM0.02252
-27.00%
5 QCKRM0.08219RM0.1126
-27.00%
10 QCKRM0.1644RM0.2252
-27.00%
50 QCKRM0.8219RM1.13
-27.00%
100 QCKRM1.64RM2.25
-27.00%
500 QCKRM8.22RM11.26
-27.00%
1000 QCKRM16.44RM22.52
-27.00%

QCK to MYR Today vs. 1 year ago

Amount23:59 today1 year ago1Y change
0.5 QCKRM0.008219RM0.1143
-92.81%
1 QCKRM0.01644RM0.2287
-92.81%
5 QCKRM0.08219RM1.14
-92.81%
10 QCKRM0.1644RM2.29
-92.81%
50 QCKRM0.8219RM11.43
-92.81%
100 QCKRM1.64RM22.87
-92.81%
500 QCKRM8.22RM114.34
-92.81%
1000 QCKRM16.44RM228.69
-92.81%

How to convert QCK to MYR

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Convert QCK to MYR
Use a variety of payment options to buy Quicksilver on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of QCK to MYR. However, you can first exchange QCK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of QCK to MYR?

There are many factors that affect the relationship between Quicksilver 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 QCK/MYR. When there is positive news in the market about the widespread adoption of QCK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of QCK/MYR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in QCK/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.
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 QCK/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 Quicksilver and adjust their investment strategies accordingly in the evolving market.

Quicksilver price prediction

What will the price of QCK be in 2026?

Based on QCK's historical price performance prediction model, the price of QCK is projected to reach $0.005176 in 2026.

What will the price of QCK be in 2031?

In 2031, the QCK price is expected to change by +30.00%. By the end of 2031, the QCK price is projected to reach $0.007246, with a cumulative ROI of +66.35%.

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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 Quicksilver 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 Quicksilver 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 Quicksilver 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.
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.