Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

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 exchange rate forecast for the Malaysian Ringgit (MYR) against the US Dollar (USD) has become increasingly complex due to recent geopolitical developments and economic indicators. Analysts noted that the recent announcement of a 24% tariff on Malaysian imports by the U.S. government has raised concerns about a trade war that could further undermine the MYR. Following the tariff announcement, regional currencies experienced significant volatility, with emerging Asian currencies showing signs of weakness. This sentiment is further compounded by the broader deterioration in outlook for currencies in the region as fears of an escalating trade conflict continue to loom.

Current trading levels for the MYR indicate a position at 0.2355 against the USD, slightly above its three-month average. The MYR has exhibited relative stability within a 5.0% range, trading between 0.2269 and 0.2382. However, experts suggest that the implications of U.S. trade policies and tariffs are likely to put additional pressure on the Ringgit, diminishing its strength against the dollar.

On the other hand, the USD has seen a recovery, bolstered by stronger-than-expected U.S. retail sales data and a resurgence in consumer sentiment. The dollar's strong performance is attributed to its status as a safe-haven currency, particularly amid global economic uncertainty and geopolitical tensions. Analysts believe that further improvements in economic indicators could support USD strength, especially if the Federal Reserve continues to signal a hawkish stance on interest rates.

Moreover, the relationship between oil prices and the MYR cannot be overlooked, as higher oil prices typically support the Malaysian economy. Currently, oil prices are trading at $69.28, approximately 2.9% above the three-month average, within a volatile range. Since Malaysia is a net exporter of oil, an increase in oil prices could provide some relief to the MYR, but analysts caution that this may not be sufficient to counteract the potential impacts of rising U.S. tariffs and a stronger dollar.

In conclusion, while there are factors that may bolster the MYR, such as oil prices, the prevailing atmosphere of trade tensions and the strengthening of the USD based on solid economic fundamentals could lead to continued fluctuations in the MYR to USD exchange rate. Market participants are advised to stay informed about both domestic economic developments and external geopolitical factors that may influence currency movements in the coming weeks.

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 =
0.2355We compare provider deals to this wholesale mid-market rate. Read more
USD
MYR to USD at 0.2355 is just above its 3-month average, having traded in a quite stable 5.0% range from 0.2269 to 0.2382
|
Tracker

Manage Tracker   


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
04 Jul 2025
0.2369
0.6% 2 Week
19 Apr 2025
0.2269
3.8% 3 Month
18 Jul 2024
0.2142
9.9% 1 Year
19 Jul 2020
0.2345
0.4% 5 Year
21 Jul 2015
0.2637
10.7% 10 Year
23 Jul 2005
0.2646
11% 20 Year
MYR/USD historic rates & change to 18-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.

 
Track Rate
 

Manage Tracker   

 

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