BestExchangeRates Malaysia Compare & Save on Foreign Exchange
How BestExchangeRates Saves You Money on FX
For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Malaysia and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track AUD rates - transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Popular MYR Exchange Rates
Follow exchange rates via your personal BER Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Where do you want to Send Money?
We compare exchange rates from major financial institutions in Malaysia.
Save with our partners who are among the best & most trusted brands in Malaysia.
Get Better Currency Exchange Rates
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
What Currency do you want to Buy?
Malaysian ringgit market update
The Malaysian Ringgit (MYR) is currently facing pressure following recent trade tensions sparked by U.S. President Donald Trump's announcement of a 24% tariff on imports from Malaysia. This tariff aligns with similar protective measures imposed on several major economies, contributing to a negative outlook for emerging Asian currencies. Analysts have noted that regional currencies have declined this past week, with significant drops observed in the Thai baht and South Korean won, both witnessing losses of around 2%. The broader rising concerns over a potential global trade war are dampening risk appetite across the region.
Malaysia has chosen not to retaliate against the tariffs while advocating for engagement, yet it has countered the Trump administration's assertion of imposing a 47% tariff on U.S. goods. Prime Minister Anwar Ibrahim has indicated that Malaysia will take a leading role in coordinating a regional response within Southeast Asia.
BestExchangeRates.com keeps you up-to-date on Malaysian ringgit forecasts by collating the views of reliable FX forecasters and economists together with recent MYR price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
Latest Articles
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Swiss Franc Surges Amid U.S. Tariff Escalation
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
Best Multi-Currency Accounts
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
OFX Review
OFX is a trusted international money transfer service, supporting transfers to over 170 countries in 50+ currencies. With no upfront fees, 24/7 access, and robust regulatory compliance, it offers a secure and convenient platform for global transactions.
