AUD/MYR under pressure @ 2.7485, down 1.0% from 3mo avg. RBA's dovish cut weighs on AUD while MYR faces US tariff headwinds. Analysts: Upcoming Aus PMIs could push pair lower if they confirm private sector slowdown. #forex #AUDMYR
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AUD to MYR Market Data
Australian dollar (AUD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell AUD →
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AUD to MYR at 2.7485 is 1.0% below its 3-month average of 2.776, having traded in a relatively stable 6.4% range from 2.6652 to 2.8369
|Tracker
| Date | AUD/MYR | Change | Period |
|---|---|---|---|
09 May 2025 | 2.7568 | 0.7% ▼ | 2 Week |
22 Feb 2025 | 2.8075 | 2.5% ▼ | 3 Month |
23 May 2024 | 3.1054 | 11.8% ▼ | 1 Year |
24 May 2020 | 2.8561 | 4.1% ▼ | 5 Year |
26 May 2015 | 2.8118 | 2.6% ▼ | 10 Year |
28 May 2005 | 2.8972 | 5.5% ▼ | 20 Year |
What are equivalent amounts of AUD and MYR?
Here are some popular conversion amounts for AUD to MYR (Australian dollar to Malaysian ringgit)*.
| AUD | MYR |
|---|---|
| A$ 1,000 | RM 2,749 |
| A$ 5,000 | RM 13,743 |
| A$ 20,000 | RM 54,970 |
| A$ 100,000 | RM 274,850 |
| AUD | MYR |
|---|---|
| A$ 363.80 | RM 1,000 |
| A$ 1,819 | RM 5,000 |
| A$ 7,276 | RM 20,000 |
| A$ 36,380 | RM 100,000 |
More amounts
*Converted at the current AUDMYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for AUD to MYR
The Australian dollar (AUD) is facing headwinds due to recent developments in global trade and domestic economic policies. After the Reserve Bank of Australia's dovish interest rate cut, the AUD remains constrained, trading at 2.7485 MYR, which is 1.0% below its three-month average of 2.776. Analysts anticipate that the forthcoming publication of Australia’s latest PMIs could indicate a further slowdown in private sector growth. If these figures reflect a continued deceleration, it may exert additional downward pressure on the AUD.
Read our full review of recent AUD to MYR forecasts.
How to get a good AUD to MYR exchange rate
There are several ways to save on exchange rates when converting Australian dollar to Malaysian ringgit:
- Shop around for the best AUD/MYR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the AUD/MYR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both AUD and MYR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
Generally speaking, if you are buying Malaysian ringgit with Australian dollar, then it's better for the AUD/MYR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Malaysia — a practical currency and money guide to travel in Malaysia plus living and doing business with the Malaysian ringgit.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
Will the Australian dollar rise against the Malaysian ringgit?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add AUD/MYR to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Currency Country Guides
| Australia (AUD) | Malaysia (MYR) |
How is the expat life in Malaysia?
The expat life in Malaysia can be quite comfortable, depending on where you live. Most expats live in urban areas like Kuala Lumpur, where they have access to international schools, western supermarkets, and hospitals. There are also many expat-friendly activities and events in the city.
Any laws in Malaysia that foreigners should be aware of?
There are several laws in Malaysia that foreigners should be aware of, such as the Sedition Act, the Communications and Multimedia Act, and the Official Secrets Act.
What is doing business like in Malaysia?
Doing business in Malaysia is relatively easy. The country has a well-developed infrastructure and a relatively business-friendly regulatory environment. Corruption is a problem, but it is not as prevalent as in some other countries in the region.
How is the economy in Malaysia?
The economy in Malaysia is doing well. The country has a strong manufacturing sector, and its exports have been growing steadily. The government has been investing heavily in infrastructure and has been working to attract foreign investment. The unemployment rate is low, and the country has a relatively high level of economic freedom.
Read more at our Malaysia (MYR) country guide
Related exchange rates
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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