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USD to MYR 2026 Forecasts

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

 

The USD/MYR market is currently bearish.

Key drivers include:

  • The Federal Reserve is expected to make interest rate cuts in 2026, which could weaken the USD against the MYR.
  • Malaysia's strong economic indicators, including robust GDP growth and improved fiscal balance, support the MYR’s value.
  • Additional pressure on the USD may arise from global de-dollarization trends, which could favor the use of the MYR in international transactions.

Over the next 1–3 months, the USD/MYR is likely to remain within a stable range, reflecting current levels.

An upside risk is if U.S. economic data unexpectedly shows resilience, leading to postponement of rate cuts. A downside risk could stem from a sudden spike in oil prices, negatively affecting the MYR due to its correlation with Malaysia's economy.

USD-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

USD to MYR Market Data

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

 
Sell USD   →   Buy MYR
1 USD =
4.0580We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d−0.5%▼
 
USD to MYR at 4.0505 is 2.2% below its 3-month average of 4.1413, having traded in a quite stable 4.6% range from 4.0460 to 4.2305
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  1 MYR = 0.2464 USD

Compare & Save - US dollar to Malaysian ringgit

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

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

 
 

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

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

DateUSD/MYRChangePeriod
24 Dec 2025
4.0500
0% ▲2 Week
09 Oct 2025
4.2190
4% ▼3 Month
07 Jan 2025
4.4875
9.7% ▼1 Year
08 Jan 2021
4.0325
0.4% ▲5 Year
10 Jan 2016
4.4169
8.3% ▼10 Year
12 Jan 2006
3.7409
8.3% ▲20 Year
USD/MYR historic rates & change to 07-Jan-2026

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 USD/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