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Send to Malaysia Transfers Compared

USD-MYR Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Malaysia 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 to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.

 
   

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 = 4.0645 MYR
1d0.0%⬦
 
USD to MYR at 4.0540 is 2.2% below its 3-month average of 4.1448, having traded in a quite stable 4.5% range from 4.0475 to 4.2305
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Tracker
  1 MYR = 0.2460 USD

Is the USD to MYR Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Malaysian ringgit is to review how the USD/MYR rate has changed over time.

The table below shows the percentage change in the USD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateUSD/MYRChangePeriod
19 Dec 2025
4.0770
0.5% ▼2 Week
04 Oct 2025
4.2080
3.6% ▼3 Month
02 Jan 2025
4.4850
9.5% ▼1 Year
03 Jan 2021
4.0225
0.9% ▲5 Year
05 Jan 2016
4.3543
6.8% ▼10 Year
07 Jan 2006
3.7526
8.1% ▲20 Year
USD/MYR historic rates & change to 02-Jan-2026

Currency Forecasts related to USD/MYR

USD to MYR 2026 Forecasts

The USD to MYR exchange rate appears bearish as the US dollar weakens on recent inflation data.

Read forecast

EUR to MYR 2026 Forecasts

The current market bias for the EUR to MYR exchange rate is bearish, with the euro weakening against the Malaysian ringgit.

Read forecast

MYR to GBP 2026 Forecasts

The exchange rate forecast for the Malaysian Ringgit (MYR) to the British Pound (GBP) indicates a complex interplay of factors affecting both currencies.

Read forecast

USD to MYR shows a bearish trend as the Fed is likely to cut interest rates, weakening the USD. Analysts note that Malaysia's robust economy and rising oil prices support the MYR. The rate is currently 2.2% below its 3-month average, with stable trading expected

 

USD to MYR Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :

USD MYR
$ 1 RM 4.0645
$ 5 RM 20.32
$ 10 RM 40.65
$ 20 RM 81.29
$ 50 RM 203.23
$ 100 RM 406.45
$ 250 RM 1,016
$ 500 RM 2,032
$ 1,000 RM 4,065
$ 2,000 RM 8,129
$ 5,000 RM 20,323
$ 10,000 RM 40,645
$ 20,000 RM 81,290
$ 50,000 RM 203,225
$ 100,000 RM 406,450
USD MYR
$ 0.2460 RM 1
$ 1.2300 RM 5
$ 2.4600 RM 10
$ 4.9200 RM 20
$ 12.30 RM 50
$ 24.60 RM 100
$ 61.50 RM 250
$ 123.00 RM 500
$ 246.00 RM 1,000
$ 492.00 RM 2,000
$ 1,230 RM 5,000
$ 2,460 RM 10,000
$ 4,920 RM 20,000
$ 12,300 RM 50,000
$ 24,600 RM 100,000

More amounts

*Converted at the current USD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
   

View a full list of exchange rates by selecting your Base (from) currency: