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Ringgit at 4 year high versus the US$. What’s the highest we have ever been you think?

Ringgit at 4 year high versus the US$. What’s the highest we have ever been you think?

My Yen exchange experience is positive

I was very happy when I exchanged Ringgit to Yen on past Monday. The rate I exchanged was Yen1000 to RM26.6 or around RM1 to Yen 37.59 This is very good rate because in January of this year when I went to Japan, the rate was RM1 to Yen35++. I think it should hover around this area until the time when I visit Japan again. Last January, it was Fukuoka and Nagasaki. This time it will be Nagoya and Kyoto. Yes, I love the country very much for a vacation. As for buying a home in the future, who knows? (Read here to know more in an earlier article) Coming back to US$ versus Ringgit. Do read the latest news below:

Article in nst.com.my The ringgit ended marginally lower against the US dollar today but was said to maintain its momentum as it attempted to breach the 4.03 level during the morning session.

At 6pm, the local currency edged down to 4.0470/0535 versus the greenback from 4.0425/0515 at Wednesday’s close.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit versus the US dollar went up to as high as 4.0318 during the morning session but later weakened to 4.0470 towards closing.

“It appears that ringgit continues to remain firm as it attempts to breach the RM4.03 level,” he told Bernama. Article in nst.com.my

In 2013, it was as low as below US$1 to RM3.

Yes, you did not read it wrong. It was below RM3 to US$1. Well, we can just wish that the economy and all the things for the economy would come to fruition. There was that mention of GST… there’s that occasional mention of High Speed Rail (HSR) and there’s also the new ETS coming in 2027 as well as ECRL which is now well on track after much hoo hoo haa has for a while.

Unfortunately, MRT3 Circle Line is just at the approved stage and nothing substantial has been done. The more connected, the more economic activities. We do not need to look too far. Just China and Singapore for great examples of how connectivity means higher economic activities.

Exchange rate showing 1 US Dollar equals 4.05 Malaysian Ringgit with a historical graph detailing fluctuations from 2011 to 2023.

Travel to reduce stress, forget work for a while

Here are all the potential choices if you are to travel in January 2026.

Map displaying flight options and prices from Kuala Lumpur to various destinations in Asia, including Singapore, Hong Kong, and Tokyo, with associated MYR rates.
Source: google.com

All the above are return flights. For the airlines, go try google to find out yeah. I think RM450 for Phuket looks attractive, no? Or perhaps Kota Kinabalu at just RM340 return? Flying further, there’s also Japan which I love. Tokyo is at RM1,896 return. I have never been to Vietnam before, so from these fares, I think Hanoi looks interesting but not in January 2026. I am going Nagoya first.

Currency can grow strong when the economy of the country remains strong or growing stronger

Sometimes, doing the right thing does not necessarily mean it is a popular decision. However I still wish the government would always do the right thing. First up, bring back GST which is compulsory. Else, please tell the world that all the hundred over countries with GSTs have all made a wrong decision? That includes Singapore (the country Malaysians love to compare against), Australia (country many Malaysias love to migrate to) and even USA which remains the biggest economy in the world today.

Second up, it’s important to continue ensuring more investments flow into the country. More tourists come visit us. More international students choose us. More businesses choose Malaysia as their base for ASEAN. We are more connected so that less Malaysians kept saying that we are not as well connected…Construction of critical public projects must continue and this can be done with a reduction of the fuel subsidy as well. Frankly, I really hate it when people from other countries continue to come and ‘pump away’ my tax money as subsidy to them.

All the best to Malaysia and all of us too.

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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