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AED to MYR - Rate Guide

United Arab Emirates Dirham to Malaysian Ringgit exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 AED = 1.1538 MYR

   Sell AED / Buy MYR  Switch

AED to MYR - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
AED/MYR at 1.1529 was trading 2.5% above the 90-day average 1.1252 with a range 1.104 to 1.1529. ALERT: AED/MYR has risen to 90-DAY HIGHS.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

More Charts


Quick Conversions from United Arab Emirates Dirham to Malaysian Ringgit

AED

MYR

د.إ 1
RM 1.1538
د.إ 5
RM 5.7690
د.إ 10
RM 11.54
د.إ 20
RM 23.08
د.إ 50
RM 57.69
د.إ 100
RM 115.38
د.إ 250
RM 288.45
د.إ 500
RM 576.90
د.إ 1,000
RM 1,154
د.إ 2,000
RM 2,308
د.إ 5,000
RM 5,769
د.إ 10,000
RM 11,538
د.إ 50,000
RM 57,690
د.إ 100,000
RM 115,380
More amounts

AED

MYR

د.إ 0.8667
RM 1
د.إ 4.3335
RM 5
د.إ 8.6670
RM 10
د.إ 17.33
RM 20
د.إ 43.34
RM 50
د.إ 86.67
RM 100
د.إ 216.68
RM 250
د.إ 433.35
RM 500
د.إ 866.70
RM 1,000
د.إ 1,733
RM 2,000
د.إ 4,334
RM 5,000
د.إ 8,667
RM 10,000
د.إ 43,335
RM 50,000
د.إ 86,670
RM 100,000
More amounts

To calculate specific AED/MYR amounts use our Convert AED to MYR quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AED/MYR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AED to MYR International Money Transfers

  

Foreign Transfer ProvidersReceive MYR(RM)Exchange RateFee AEDTotal CostDeal Links
TorFX logo
11,429 RM1.142901%
OFX logo
11,405 RM1.14050 for BER users (normally $15)1.2%
National Bnk Abu Dhabi International Money Transfers
National Bnk Abu Dhabi logo
10,906 RM1.090605.53%
HSBC logo
10,890 RM1.0906د.إ155.67%
Banks - Average Rate
Citibank logo HSBC logo
10,842 RM1.0856156.09%
Citibank International Money Transfers
Citibank logo
10,793 RM1.0806126.51%
WorldRemit logo
Your amount above the WorldRemit AED2000 maximum
 
TorFX logo
TorFX: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:0
Exchange Rate:1.1429 (1% from mid-rate)
To Amount (MYR)11,429 RM
Total Cost:1%
Time:1:15 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:0 for BER users (normally $15)
Exchange Rate:1.1405 (1.2% from mid-rate)
To Amount (MYR)11,405 RM
Total Cost:1.2%
Difference:
RM24 MYR less than using TorFX
Time:
Rate Fetched: 1:15 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
National Bnk Abu Dhabi logo
National Bnk Abu Dhabi: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:
Exchange Rate:1.0906 (5.53% from mid-rate)
To Amount (MYR)10,906 RM
Total Cost:5.53%
Difference:
RM523 MYR less than using TorFX
Time:1:15 Local
Transfer Speed:
Services:
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:د.إ15 AED (.15%)
Exchange Rate:1.0906 (5.53% from mid-rate)
To Amount (MYR)10,890 RM
Total Cost:5.67%
Difference:
RM539 MYR less than using TorFX
Time:1:15 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:15
Exchange Rate:1.1029 (4.46% from mid-rate)
To Amount (MYR)10,842 RM
Total Cost:6.09%
Difference:
RM587 MYR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Citibank logo
Citibank: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:12
Exchange Rate:1.0806 (6.39% from mid-rate)
To Amount (MYR)10,793 RM
Total Cost:6.51%
Difference:
RM636 MYR less than using TorFX
Time:1:15 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer AED→MYR
From Amount (AED)د.إ10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/26/2020 - View latest rates
 

Country Guides (AED & MYR)

MalaysiaMalaysia (MYR)UAEUAE (AED)

AED and MYR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs MYR, you should pay attention to the recent market trends for both currencies.

United Arab Emirates Dirham (AED)

All the Gulf Cooperation Council (GCC) countries, excluding Kuwait, have their currencies pegged to the US dollar. The UAE dirham has been fixed at a rate of around 3.6725 to $1 since 1997.

 

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.


How to get Best AED to MYR Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good AED to MYR exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the AED to MYR exchange rate to the present day for periods going back upto 10 years.

PeriodAED/MYRDate
1 Day1.140523 Feb 2020
7 Day1.128417 Feb 2020
30 Day1.106925 Jan 2020
3 Month1.135826 Nov 2019
1 Year1.110424 Feb 2019
5 Year0.982825 Feb 2015
10 Year0.925726 Feb 2010

When is the best time to exchange AED to MYR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all AED Exchange Rates