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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’.
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.
US dollar (USD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
| Date | USD/MYR | Change | Period |
|---|---|---|---|
04 Jul 2025 | 4.2210 | 0.6% ▲ | 2 Week |
19 Apr 2025 | 4.4075 | 3.7% ▼ | 3 Month |
18 Jul 2024 | 4.6675 | 9% ▼ | 1 Year |
19 Jul 2020 | 4.2650 | 0.4% ▼ | 5 Year |
21 Jul 2015 | 3.7927 | 12% ▲ | 10 Year |
23 Jul 2005 | 3.7790 | 12.4% ▲ | 20 Year |
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 * :
*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:
