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MYR to USD 2025 Forecasts

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

 

The recent exchange rate landscape for the Malaysian Ringgit (MYR) against the U.S. Dollar (USD) illustrates significant tension influenced by geopolitical developments and economic data. Analysts have noted that the USD has strengthened, buoyed by stronger-than-expected U.S. labor market data, which reported a rise in non-farm payrolls that exceeded forecasts. The positive jobs report, including a decline in the unemployment rate and a robust ISM services PMI, reinforces the USD's position as a safe-haven currency amid global uncertainties.

In parallel, Malaysia faces increasing pressure from a proposed 24% tariff by the U.S. on imports from the country, part of a wider trade conflict under the Trump administration. The Malaysian government has chosen to refrain from retaliation while pursuing regional coordination in response to these tariffs. This move indicates a cautious approach, but it could collectively worsen the outlook for emerging Asian currencies, including the MYR, as investors respond to reduced risk appetite stemming from trade tensions.

Data indicates that the MYR is currently trading at 0.2368 against the USD, which is 1.8% above its three-month average of 0.2327. The currency has experienced a relatively stable range, trading between 0.2227 and 0.2382. However, regional currencies, including the MYR, have recently retraced from earlier gains, as market sentiment dips in light of geopolitical concerns and trade disputes.

Moreover, fluctuations in oil prices could further impact the MYR, as Malaysia is a notable oil producer. Current oil prices are at 68.80, which is 3.2% above the three-month average of 66.66, although they have exhibited volatility with a 31.1% range from 60.14 to 78.85. Rising oil prices typically bolster the MYR, but ongoing global dynamics, particularly concerning trade relations with the U.S. and the changing landscape of investor sentiment, could constrain this relationship.

Looking ahead, currency experts suggest that the MYR may remain under pressure in the coming months given the combination of external tariffs and uncertain economic forecasts. The strength of the USD will likely continue to be influenced by U.S. monetary policy and economic indicators, while regional developments and changes in oil prices may also play a critical role in determining the MYR's trajectory. In conclusion, businesses and individuals engaging in international transactions should remain vigilant to these developments, as they could significantly influence currency exchange rates and the cost of conducting overseas operations.

MYR-USD Rate Calculator

 
   
   
   
   
 
   
 
 

MYR to USD Market Data

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

 
Sell MYR   →   Buy USD
1 MYR =
0.2347We compare provider deals to this wholesale mid-market rate. Read more
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14d-lows
MYR to USD is at 14-day lows near 0.2353, just 0.8% above its 3-month average of 0.2336, having traded in a quite stable 5.4% range from 0.2261 to 0.2382
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Compare & Save - Malaysian ringgit to US dollar

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

Use our MYR to USD 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 Dollar currency rates and the possible savings of using various providers.

 
 

Will the Malaysian ringgit rise against the US dollar?

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

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

DateMYR/USDChangePeriod
27 Jun 2025
0.2365
0.6% 2 Week
12 Apr 2025
0.2261
3.9% 3 Month
11 Jul 2024
0.2131
10.3% 1 Year
12 Jul 2020
0.2344
0.3% 5 Year
14 Jul 2015
0.2628
10.6% 10 Year
16 Jul 2005
0.2632
10.7% 20 Year
MYR/USD historic rates & change to 11-Jul-2025

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/USD 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