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vSXP to MYR Converter and calculator

vSXP/MYR: 1 vSXP = 0.01828 MYR. The price of converting 1 Venus SXP (vSXP) to Malaysian Ringgit (MYR) is 0.01828 MYR today.
vSXP
vSXP
MYR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides vSXP to MYR real-time exchange rates, making it easy to convert Venus SXP (vSXP) to Malaysian Ringgit (MYR). The conversion result is based on real-time data. The conversion result shows that 1 vSXP is currently valued at 0.02 MYR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 vSXP is currently valued at 0.02 MYR, which means buying 5 vSXP would cost 0.09 MYR. Similarly, RM1 MYR can be converted to 54.7 vSXP, and RM50 MYR can be converted to 273.48 vSXP, excluding any platform or gas fees.

Convert vSXP to MYR

Convert MYR to vSXP

Venus SXP
Malaysian Ringgit
10000 vSXP
182.83  MYR
In the table above, you'll find a comprehensive vSXP to MYR converter that shows the value of Venus SXP in Malaysian Ringgit across commonly used conversion amounts. The list covers conversions from 1 vSXP to MYR, all the way up to 10000 vSXP, providing a clear view of their respective values.
Malaysian Ringgit
Venus SXP
1000 MYR
54,695.03 vSXP
2000 MYR
109,390.06 vSXP
5000 MYR
273,475.16 vSXP
10000 MYR
546,950.32 vSXP
50000 MYR
2,734,751.59 vSXP
100000 MYR
5,469,503.17 vSXP
In the table above, you'll find a comprehensive MYR to vSXP converter that shows the value of Malaysian Ringgit in Venus SXP across commonly used conversion amounts. The list covers conversions from 1 MYR to vSXP, all the way up to 100000 MYR, providing a clear view of their respective values.

vSXP to MYR chart

vSXP/MYR: 1 vSXP = 0.01828 MYR; 2025/04/29 18:40:11
In the past 1D, Venus SXP has changed +2.07% to MYR. Based on the trend and price charts, Venus SXP(vSXP) has changed +2.07% to MYR while Malaysian Ringgit(MYR) has changed % to vSXP in the last 24 hours.
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vSXP to MYR conversion data: Volatility and price changes of Venus SXP in MYR

The highest Venus SXP price in MYR over the past 7 days was 0.02578 MYR while the lowest Venus SXP price in MYR over the past 7 days was 0.01979 MYR. The relative change between the highs and lows in Venus SXP price in MYR over the last 7 days indicates a volatility of %. You can view additional volatility data and vSXP 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
0.02245 MYR
0.02578 MYR
0.03287 MYR
0.04631 MYR
Low
0.02129 MYR
0.01979 MYR
0.01979 MYR
0.01979 MYR
Average
0 MYR
0 MYR
0 MYR
0 MYR
Volatility
%
%
%
%
Change
+2.07%
-13.32%
-28.70%
-37.31%

Venus SXP information

vSXP to MYR market statistics

vSXP/MYR:
RM0.01828
vSXP 24h volume:
--
vSXP market cap:
RM258,311.37
vSXP circulating supply:
14.13M vSXP

Current vSXP to MYR exchange rate

Venus SXP to Malaysian Ringgit is falling this week.
Venus SXP's current market price is RM0.01828 per vSXP, with a total market cap of RM258,311.37 MYR based on a circulating supply of 14,128,348 vSXP. The trading volume of Venus SXP has changed by 0.00% (RM0 MYR) in the last 24 hours. Last trading day, vSXP's trading volume was RM0.

More info about Venus SXP 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 Venus SXP currency pair is the vSXP to MYR, with for Venus SXP's currency code being vSXP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

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How to convert vSXP to MYR

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Bitget P2P trading does not currently support direct buying of vSXP with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy vSXP with USDT via Bitget spot market.
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vSXP to MYR Conversion tables

The exchange rate of Venus SXP is decreasing.
The exchange rate of 1 vSXP to Malaysian Ringgit has changed by -13.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.07%, reaching a high of 0.02245 MYR and a low of 0.02129 MYR . One month ago, the value of 1 vSXP was RM0.02713 MYR , which represents a -28.70% change from its current value. Over the last year, Venus SXP has changed by
-RM
0.01324MYR
, resulting in a change of -37.60% in its value.
24 hours ago1 month ago1 year ago
Amount18:40 today24 hours ago24h change
0.5 vSXPRM0.009142RM0.008919
+2.07%
1 vSXPRM0.01828RM0.01784
+2.07%
5 vSXPRM0.09142RM0.08919
+2.07%
10 vSXPRM0.1828RM0.1784
+2.07%
50 vSXPRM0.9142RM0.8919
+2.07%
100 vSXPRM1.83RM1.78
+2.07%
500 vSXPRM9.14RM8.92
+2.07%
1000 vSXPRM18.28RM17.84
+2.07%

vSXP to MYR FAQ

How much is 1 Venus SXP in MYR?
Right now, the price of 1 Venus SXP (vSXP) in Malaysian Ringgit (MYR) is RM0.01828.
How much vSXP can I buy for 1 MYR?
Based on the current exchange rate, you can get 54.7 vSXP for 1 MYR.
How do I calculate or convert vSXP to MYR?
You can use our vSXP to MYR calculator at the top of this page to convert any amount of vSXP to MYR. We've also included quick-reference tables for the most popular conversions. For example, 5 MYR is equivalent to 273.48 vSXP, while 5 vSXP will cost around 0.09142MYR.
What is the highest price of vSXP/MYR in history?
The all-time high price of 1 vSXP in MYR is RM0.5086. It remains to be seen if the value of 1 vSXP/MYR will exceed the current all-time high.
What is the price trend of Venus SXP in MYR?
Over the past 7 days, the exchange rate of Venus SXP (vSXP) has gone down by 13.32%.   Over the last month, the exchange rate of Venus SXP (vSXP) has gone down by 28.70% against Malaysian Ringgit (MYR).

What factors influence the conversion rate of vSXP to MYR?

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

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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.