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EUR to MYR 2026 Forecasts

Analysis of recent euro → ringgit forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Malaysian ringgit performance and trends.

 

The current market bias for EUR to MYR is bearish.

Key drivers include the interest rate differential between the European Central Bank (ECB) and Malaysia's monetary policy, which tends to favor the MYR as the ECB maintains a cautious stance on interest rates. Additionally, Malaysia's positive economic outlook, highlighted by strong GDP growth and improving fiscal conditions, supports the MYR. The euro is also influenced by global oil prices, currently under pressure, which indirectly weakens the euro as it trades lower than its recent average.

In the near term, the expected trading range for EUR to MYR may remain stable but slightly below previous levels, reflecting a 1.4% drop from its 3-month average.

Upside risks include potential improvements in eurozone economic data that could strengthen the euro. Conversely, a resurgence in geopolitical tensions surrounding the Ukraine conflict could further weaken the euro, maintaining the downward pressure in the exchange rate.

EUR-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to MYR Market Data

Euro (EUR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy MYR
1 EUR =
4.7669We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d+0.1%▲
90dLows◒
EUR to MYR at 4.7649 is 1.4% below its 3-month average of 4.8313, having traded in a quite stable 4.1% range from 4.7534 to 4.9465
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  1 MYR = 0.2098 EUR

Compare & Save - Euro to Malaysian ringgit

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

Use our EUR to MYR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Ringgit currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Malaysian ringgit?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Malaysian ringgit current value is to look the EUR/MYR historic rate and change over a range of periods.

The following table looks at the change in the EUR to MYR exchange rate over periods from the previous week back to the last 10 years.

DateEUR/MYRChangePeriod
19 Dec 2025
4.7752
0.1% ▼2 Week
04 Oct 2025
4.9391
3.4% ▼3 Month
02 Jan 2025
4.6052
3.6% ▲1 Year
03 Jan 2021
4.9276
3.1% ▼5 Year
05 Jan 2016
4.6819
1.9% ▲10 Year
07 Jan 2006
4.5497
4.9% ▲20 Year
EUR/MYR historic rates & change to 02-Jan-2026

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 EUR/MYR to your personalised Rate Tracker to track and benefit from currency movements.

 
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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

 

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