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MYR to INR 2026 Forecasts

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

 

MYR/INR Outlook:

Slightly positive, but likely to move sideways as the rate is above its recent average and shows no clear driver to push it higher.

Key drivers:

• Rate gap: The Bank Negara Malaysia has reduced interest rates more aggressively than the Reserve Bank of India, resulting in a stronger MYR against the INR.

• Risk/commodities: The rise in oil prices supports the MYR due to Malaysia's status as an oil exporter, while India's reliance on oil imports puts pressure on the INR.

• One macro factor: Malaysia's robust GDP growth of 5.2% indicates economic resilience, while India's persistent current account deficit continues to undermine the INR.

Range:

Expect the MYR/INR to hold within its recent 3-month range as both currencies show mixed signals.

What could change it:

• Upside risk: A significant increase in oil prices could further strengthen the MYR.

• Downside risk: Continued outflows of foreign portfolio investment from India may weaken the INR further.

MYR-INR Rate Calculator

 
   
   
   
   
 
   
 
 

MYR to INR Market Data

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

 
Sell MYR   →   Buy INR
1 MYR =
23.21We compare provider deals to this wholesale mid-market rate. Read more
INR
1d+0.4%▲
 
MYR to INR is at 7-day highs near 23.18, 4.3% above its 3-month average of 22.23, having traded in a quite volatile 10.5% range from 21.26 to 23.49
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  1 INR = 0.043084 MYR

Compare & Save - Malaysian ringgit to Indian rupee

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

Use our MYR to INR 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 Ringgit to Rupee currency rates and the possible savings of using various providers.

 
 

Will the Malaysian ringgit rise against the Indian rupee?

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

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

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 MYR/INR 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