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AUD to MYR - Exchange Rates

Australian Dollar 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.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 AUD = 2.6596 MYR

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AUD to MYR 90-Day Trend
1-DAY0.8% 🔔14-DAY High 🔔
AUD/MYR at 2.6675 was trading 2.9% below AVG:2.7476 with LO:2.5304 and HI:2.8805 (90 days). There are no current rate alerts.
08-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD

Convert AUD to MYR More Charts


Quick Conversions from Australian Dollar to Malaysian Ringgit

AUD MYR
A$ 1 RM 2.6596
A$ 5 RM 13.30
A$ 10 RM 26.60
A$ 20 RM 53.19
A$ 50 RM 132.98
A$ 100 RM 265.96
A$ 250 RM 664.90
A$ 500 RM 1,330
A$ 1,000 RM 2,660
A$ 2,000 RM 5,319
A$ 5,000 RM 13,298
A$ 10,000 RM 26,596
A$ 50,000 RM 132,980
A$ 100,000 RM 265,960
More amounts
AUD MYR
A$ 0.3760 RM 1
A$ 1.8800 RM 5
A$ 3.7600 RM 10
A$ 7.5200 RM 20
A$ 18.80 RM 50
A$ 37.60 RM 100
A$ 94.00 RM 250
A$ 188.00 RM 500
A$ 376.00 RM 1,000
A$ 752.00 RM 2,000
A$ 1,880 RM 5,000
A$ 3,760 RM 10,000
A$ 18,800 RM 50,000
A$ 37,600 RM 100,000
More amounts

To calculate your own AUD/MYR amounts use our Convert AUD 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 AUD/MYR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer Provider Receive MYR(RM) Exchange RateFee AUDDeal Links
OFX (OzForex) logo
RM25,846
3.18%
Best Overall
2.58460^
TorFX logo
RM25,898
2.98%
RM52 more
2.58980
XE logo
RM26,539
0.58%
RM693 more
2.65390
BankSA International Money Transfers
BankSA logo
RM25,708
3.69%
RM138 less
2.57620.01
St George Bank logo
RM25,683
3.79%
RM163 less
2.573420
Banks - Average Rate
St George Bank logo National Australia Bank (nab) logo BankSA logo
RM25,352
5.03%
RM494 less
2.540515
National Australia Bank (nab) logo
RM24,666
7.6%
RM1,180 less
2.47222
 
OFX (OzForex): Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:2.5846 (3.18% from mid-rate)
To Amount (MYR) RM25,846
Total Cost:3.18%
Time:
Rate Fetched: Wed Apr 08 2020 05:01:32 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX: Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:2.5898 (2.98% from mid-rate)
To Amount (MYR) RM25,898
Total Cost:2.98%
Difference:
RM52 MYR more than using OFX (OzForex)
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
XE: Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:2.6539 (0.58% from mid-rate)
To Amount (MYR) RM26,539
Total Cost:0.58%
Difference:
RM693 MYR more than using OFX (OzForex)
Time:6:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
BankSA: Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:2.5760 (3.5% from mid-rate)
To Amount (MYR) RM25,708
Total Cost:3.69%
Difference:
RM138 MYR less than using OFX (OzForex)
Time:
Rate Fetched: website - 6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
St George Bank: Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:2.5734 (3.6% from mid-rate)
To Amount (MYR) RM25,683
Total Cost:3.79%
Difference:
RM163 MYR less than using OFX (OzForex)
Time:
Rate Fetched: website - 6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:2.5626 (4% from mid-rate)
To Amount (MYR) RM25,352
Total Cost:5.03%
Difference:
RM494 MYR less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
National Australia Bank (nab): Foreign Transfer AUD→MYR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:2.4720 (7.39% from mid-rate)
To Amount (MYR) RM24,666
Total Cost:7.6%
Difference:
RM1,180 MYR less than using OFX (OzForex)
Time:
Rate Fetched: website - 6:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 04/08/2020 - View latest rates
 

Example 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.

Travel Money Provider Amount MYR(RM) Exchange RateFee AUDDeal Links
Australia Post logo
RM2,573.4
3.6%
Best Overall
2.5734$0 BPay, Card 0.72%-1%
ANZ Bank logo
RM2,540.54
4.83%
RM33 less
2.5662A$10
BankSA Foreign Currency
BankSA logo
RM2,537.36
4.95%
RM36 less
2.576A$15
St George Bank logo
RM2,534.8
5.04%
RM39 less
2.5734A$15
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo BankSA logo
RM2,525
5.42%
RM48 less
2.55660
Commonwealth Bank (CBA) logo
RM2,485.69
6.88%
RM88 less
2.5108A$10
Travelex Online AU logo
RM2,457.1
7.95%
RM116 less
2.4571$0 BPay, Card 0.72%-1%
 
Australia Post: Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.5734 (3.6% from mid-rate)
To Amount (MYR) RM2,573.4
Total Cost:3.6%
Time:6:01 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
 
ANZ Bank: Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:2.5662 (3.87% from mid-rate)
To Amount (MYR) RM2,540.54
Total Cost:4.83%
Time:
Rate Fetched: website - Wed Apr 08 2020 05:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
BankSA: Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:2.5760 (3.5% from mid-rate)
To Amount (MYR) RM2,537.36
Total Cost:4.95%
Time:
Rate Fetched: website - 6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
St George Bank: Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:2.5734 (3.6% from mid-rate)
To Amount (MYR) RM2,534.8
Total Cost:5.04%
Time:
Rate Fetched: website - 6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Banks - Average Rate
Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:
Exchange Rate:2.5373 (4.95% from mid-rate)
To Amount (MYR) RM2,525
Total Cost:5.42%
Currency Services:Branch
Delivery/Collect:-
 
Commonwealth Bank (CBA): Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:2.5108 (5.94% from mid-rate)
To Amount (MYR) RM2,485.69
Total Cost:6.88%
Time:
Rate Fetched: website - Wed Apr 08 2020 05:02:03 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Travelex Online AU: Travel Money AUD→MYR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.4571 (7.95% from mid-rate)
To Amount (MYR) RM2,457.1
Total Cost:7.95%
Time:
Rate Fetched: Wed Apr 08 2020 06:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/08/2020 - View latest rates
 

Country Guides (AUD & MYR)

AustraliaAustralia (AUD)Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)
Heard and McDonald IslandsHeard and McDonald Islands (AUD)KiribatiKiribati (AUD)MalaysiaMalaysia (MYR)
NauruNauru (AUD)Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

AUD and MYR in the Markets

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

Australian Dollar (AUD)

The Australian dollar has been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD. The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year. The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead. The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.

Read more in the article AUD Forecasts.

 

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 AUD 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 AUD 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 AUD to MYR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*AUD/MYRDate
1 Day+0.2%2.669306 Apr 2020
7 Day+1.1%2.647031 Mar 2020
30 Day-3%2.759208 Mar 2020
3 Month-5.1%2.820208 Jan 2020
1 Year-8.2%2.916008 Apr 2019
5 Year-4.5%2.803009 Apr 2015
10 Year-9.9%2.970110 Apr 2010

*For period to 07-Apr 21UTC when AUD/MYR was 2.6758

When is the best time to exchange AUD 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 BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all AUD Exchange Rates