AUD to MYR interbank exchange rate = 2.8915
This calculator converts amounts at the latest MYR/AUD mid-rate or enter a rate to check the exchange rate you are being offered or already charged.
AUD / MYR converter & margin calculator
Foreign Transfers Travel Money
Compare how much you can save on AUD/MYR exchange rates for:
Australian Dollar |
Malaysian Ringgit |
|---|---|
| 10 AUD | 28.92 MYR |
| 100 AUD | 289.15 MYR |
| 1,000 AUD | 2,891.50 MYR |
| 2,000 AUD | 5,783.00 MYR |
| 10,000 AUD | 28,915.00 MYR |
| See more | |
Australian Dollar |
Malaysian Ringgit |
|---|---|
| 3.4580 AUD | 10 MYR |
| 34.58 AUD | 100 MYR |
| 345.80 AUD | 1,000 MYR |
| 691.60 AUD | 2,000 MYR |
| 3,458.00 AUD | 10,000 MYR |
| See more | |
Compare Actual AUD/MYR Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for AUD/MYR International Money Transfers. Total Costs are calculated when the amount when AUD is converted to MYR at the mid-rate without fees.
AUD-MYR Foreign Transfers
| Foreign Transfer Providers | Receive MYR(RM) | Exchange Rate | Fee AUD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
 More info▾ | 28,245 MYR Best Overall | 2.8245 | 0 | 2.39% | Bank Transfers - Online & Phone | 1-2 days | |
 More info▾ | 28,274 MYR 29 MYR | 2.8274 | 0^ | 2.29% | Bank Transfers - Online & Phone, Foreign Currency Accounts | 1-2 days | |
Banks - Average Rate   Average rate from selected banks. More info▾ | 27,425 MYR 820 MYR | 2.7483 | 15 | 5.22% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
MYR Travel Money
| Travel Money Providers | Amount MYR(RM) | Exchange Rate | Fee AUD | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
Banks - Average Rate     Average rate from selected banks. More info▾ | 2,718 MYR 46 MYR | 2.7501 | 10 | 6.07% | Branch | - | |
 More info▾ | 2,706.5 MYR 57 MYR | 2.7065 | $0 BPay, Credit Card 1% | 6.47% | Online order, Branch pickup | 3-5 days | |
 More info▾ | 2,661.5 MYR 102 MYR | 2.6615 | $0 BPay, Card 0.72%-1% | 8.02% | Online order, Branch pickup, Home delivery | 2-3 days |
| MYR Country Guides |
|---|
 Malaysia |
AUD/MYR - Historical Trends
This table shows historic rates and trends of Australian Dollar to Malaysian Ringgit over periods upto 10 years.
| Period | Change* | AUD/MYR | Date |
|---|---|---|---|
| 1 Day | -0.15% | 2.8715 | 16 May 2019 |
| 1 Week | -1.52% | 2.9116 | 10 May 2019 |
| 1 Month | -3.34% | 2.9664 | 17 Apr 2019 |
| 6 Months | -6.54% | 3.0679 | 18 Nov 2018 |
| 1 Year | -3.8% | 2.9806 | 17 May 2018 |
| 5 Years | -5.24% | 3.0258 | 18 May 2014 |
| 10 Years | +4.85% | 2.7346 | 19 May 2009 |
*For period to 17-May 21UTC when AUD/MYR was 2.8673
You can use our AUD interactive charts to check AUDMYR historic trends.
Outlook and forecasts for AUD and MYR
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the AUD vs MYR, you should pay attention to the forecasts and trends for both Australian Dollar and Malaysian Ringgit:
Australian Dollar (AUD) outlook
At the start of the week the Aussie spiked back over US69¢ after the weekend’s suprise election result when the nation’s center-right government managed to cling to power.
The mid-April to mid-May period was a shocker for the Australian dollar. It suffered across-the-board losses, including losses worth 5 percent against the US dollar. An exchange rate of US68.6¢ on Friday May-17 was the Aussie’s lowest weekly closing rate since early 2016.
Read the full article Australian Dollar Forecasts.
Malaysian Ringgit (MYR) outlook
The period between April and November 2018 was a tough one for the ringgit, as it lost value against the dollar on a near-weekly basis. Fortunately, losses in that period only amounted to 8 percent and only took the currency to a 1-year low of RM4.2 — it could have been much worse.
Since then, the ringgit has turned a corner; in late February it was trading at RM4.06, near 6-month highs.
Read the full article Malaysian Ringgit Forecasts.
Why can't I just get the AUD/MYR market rate I see online or in the media?
The AUD/MYR mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / MYR was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however 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.
We help you Compare & Save Money on Exchange Rates.
View all AUD Exchange Rates