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HKD to MYR 2025 Forecasts

Analysis of recent Hong Kong dollar → ringgit forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Hong Kong dollar to Malaysian ringgit performance and trends.

 

Recent developments for the Hong Kong Dollar (HKD) and Malaysian Ringgit (MYR) reveal a complex currency landscape influenced by interest rate changes, geopolitical factors, and commodity price movements.

The HKD has recently experienced downward pressure following an interest rate cut by the Hong Kong Monetary Authority (HKMA) on September 18, 2025, which brought the rate down to 4.50%. This adjustment aligns with the U.S. Federal Reserve's strategy, suggesting a cautious response to global economic conditions. Analysts noted that this rate cut may make the HKD less attractive for investors, potentially leading to a depreciation against other currencies. Additionally, the HKMA's intervention in May 2025 to sell HKD in the currency market supports the ongoing commitment to maintain the currency's peg to the U.S. dollar, despite rising geopolitical tensions.

Conversely, the MYR has also been affected by significant economic events. The Bank Negara Malaysia (BNM) cut its Overnight Policy Rate to 2.75% on July 9, marking its first reduction in five years. This move reflects concerns over economic growth, particularly in light of ongoing trade tensions between Malaysia and the U.S. The imposition of tariffs on Malaysian exports may weigh on the currency, leading analysts to predict increased volatility for the USD/MYR pair. The diversified nature of Malaysia's economy may provide some resilience, as noted by BNM, but the potential for further economic risks cannot be overlooked.

Recent HKDMYR data indicates that the exchange rate currently stands at 0.5438, just 0.5% above its three-month average of 0.5409, indicating a stable trading range, with fluctuations between 0.5360 and 0.5450. While this steadiness could suggest a temporary equilibrium, broader market conditions may still impact future rate movements.

Adding to this context, oil prices have shown volatility, with Brent Crude OIL priced at USD 61.29, sitting 8.5% below its three-month average. The significant fluctuations in oil pricing, trading in a volatile 20.2% range, directly influence MYR given Malaysia's status as a major oil exporter. A decline in oil prices typically exerts downward pressure on the MYR, further complicating the currency dynamics.

Market analysts will continue to monitor these developments closely, as shifts in interest rates, geopolitical tensions, and oil price volatility all contribute to the future trajectory of both the HKD and MYR exchange rates.

HKD-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

HKD to MYR Market Data

Hong Kong dollar (HKD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell HKD   →   Buy MYR
1 HKD =
0.5439We compare provider deals to this wholesale mid-market rate. Read more
MYR
60dHighs
1d+0.1%
HKD to MYR is at 60-day highs near 0.5442, just 0.6% above its 3-month average of 0.541, having traded in a stable 1.7% range from 0.5360 to 0.5450
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Compare & Save - Hong Kong dollar to Malaysian ringgit

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

Use our HKD 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 Hong Kong dollar to Ringgit currency rates and the possible savings of using various providers.

 
 

Will the Hong Kong dollar 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 Hong Kong dollar vs Malaysian ringgit current value is to look the HKD/MYR historic rate and change over a range of periods.

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

DateHKD/MYRPeriod
04 Oct 2025
0.5409
2 Week
20 Jul 2025
0.5410
3 Month
18 Oct 2024
0.5539
1 Year
19 Oct 2020
0.5351
5 Year
21 Oct 2015
0.5538
10 Year
23 Oct 2005
0.4866
20 Year
HKD/MYR historic rates

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 HKD/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