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    MYR to INR 2025 Forecasts

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

     

    Forecasts for MYR to INR

     

    Recent forecasts for the MYR to INR exchange rate indicate a period of heightened uncertainty influenced by global tariff dynamics and regional economic conditions. Following U.S. President Donald Trump’s announcement of a 24% tariff on imports from Malaysia, analysts note that the outlook for emerging Asian currencies, including the Malaysian ringgit (MYR) and Indian rupee (INR), has deteriorated. Malaysia's response, as per Prime Minister Anwar Ibrahim, has been to seek a coordinated regional approach rather than retaliation. This tariff development is part of a broader trend where regional currencies are experiencing pressure, with the MYR currently trading at 19.93, which is 1.9% above its three-month average.

    The INR faces mixed influences as well, especially amid U.S. actions that have triggered concerns over inflation and rising energy prices. With India being heavily reliant on oil imports, fluctuations in global oil prices could significantly impact the rupee. Currently, oil trades at $65.41, which is 5.0% below its three-month average, reflecting volatility that may affect the rupee's stability. Forecasters indicate that rising oil prices could spur domestic inflation, prompting potential interest rate hikes that add further uncertainty to the INR outlook.

    In terms of exchange rate performance, the MYR has remained relatively stable, fitting within a 4.7% range between 19.19 and 20.10. However, the broader geopolitical landscape, including Trump’s tariffs and ongoing tensions in the region, suggests that volatility could increase for both currencies. Bank analysts have described the current risks for the INR as "broadly balanced," but continued fluctuations in global trade and energy prices pose ongoing risks.

    Overall, both the MYR and INR are expected to navigate through a challenging environment marked by political and economic turbulence, with currency analysts closely monitoring the impacts of U.S. trade policies and regional geopolitical tensions.

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    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 =
    19.89We compare provider deals to this wholesale mid-market rate. Read more
    INR
    -0.1%
    MYR to INR at 19.91 is 1.7% above its 3-month average of 19.57, having traded in a quite stable 4.7% range from 19.19 to 20.10
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      1 INR = 0.050288 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.

     
    DateMYR/INRChangePeriod
    05 May 2025
    20.03
    0.9% 2 Week
    18 Feb 2025
    19.55
    1.5% 3 Month
    19 May 2024
    17.77
    11.7% 1 Year
    20 May 2020
    17.37
    14.3% 5 Year
    22 May 2015
    17.65
    12.5% 10 Year
    24 May 2005
    11.44
    73.5% 20 Year
    MYR/INR historic rates & change to 19-May-2025
     

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    Will the Malaysian ringgit rise against the Indian rupee?

    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.

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    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