Loading...
Best Exchange Rates

Home pages - full list (A-Z)

AUD to MYR Calculator

Australian Dollar to Malaysian Ringgit - Convert Compare Save

 

AUD to MYR mid-rate = 2.9478

Right now the AUD/MYR market mid-rate is 2.9478 and represents ideally how many Malaysian Ringgit you can get for one Australian Dollar.

You can calculate equivalent Australian Dollar to Malaysian Ringgit currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to MYR transfers or buying MYR travel money.

AUD / MYR Converter


$AUD


RMMYR
1 Australian Dollar equals
2.9478 Malaysian Ringgit

Compare how much you can save on
AUD/MYR exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
3 Month AUD to MYR Chart
Loading AUD/MYR rates

Australian Dollar

Malaysian Ringgit

1 AUD 2.9478 MYR
5 AUD 14.74 MYR
10 AUD 29.48 MYR
20 AUD 58.96 MYR
50 AUD 147.39 MYR
100 AUD 294.78 MYR
250 AUD 736.95 MYR
500 AUD 1,473.90 MYR
1,000 AUD 2,947.80 MYR
2,000 AUD 5,895.60 MYR
5,000 AUD 14,739.00 MYR
10,000 AUD 29,478.00 MYR
50,000 AUD 147,390.00 MYR
100,000 AUD 294,780.00 MYR
See more

Australian Dollar

Malaysian Ringgit

0.3392 AUD 1 MYR
1.6960 AUD 5 MYR
3.3920 AUD 10 MYR
6.7840 AUD 20 MYR
16.96 AUD 50 MYR
33.92 AUD 100 MYR
84.80 AUD 250 MYR
169.60 AUD 500 MYR
339.20 AUD 1,000 MYR
678.40 AUD 2,000 MYR
1,696.00 AUD 5,000 MYR
3,392.00 AUD 10,000 MYR
16,960.00 AUD 50,000 MYR
33,920.00 AUD 100,000 MYR
See more

MYR Country Guides
MalaysiaMalaysia

Australian Dollar to Malaysian Ringgit (AUD-MYR) - 10 Year History

The below table shows the historic variation in the AUD/MYR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Jan 20192.9478Latest
12 Jan 20192.95461 Week-0.23%
20 Dec 20182.98331 Month-1.19%
23 Jul 20183.00036 Months-1.75%
19 Jan 20183.14831 Year-6.37%
19 Jan 20173.36662 Years-12.44%
20 Jan 20142.92385 Years+0.82%
21 Jan 20092.362810 Years+24.76%

Best Rates for AUD/MYR Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from AUD to MYR.

Foreign Transfers - Exchange Rate Comparison

Foreign Transfer Providers
Ratings & Reviews
Receive MYR(RM)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
28,708 MYR
Value & Rating
2.870802.61%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
28,723 MYR
RM15 more
2.87230^2.56%Bank Transfers - Online & Phone1-2 days
BankSA International Money Transfers
BankSA logo
28,389 MYR
RM319 less
2.844620.013.69%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
National Australia Bank (nab) logo BankSA logo
27,901 MYR
RM807 less
2.7959155.35%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
27,412 MYR
RM1,296 less
2.7472227.01%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→MYR
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:2.8708 (2.61% from mid-rate)
MYR amount:28,708 MYR
Total Cost:2.61%
Time:6:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
OFX (OzForex): Foreign Transfer AUD→MYR
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:2.8723 (2.56% from mid-rate)
MYR amount:28,723 MYR
Total Cost:2.56%
Difference:
RM15 more than using TorFX
Time:
Rate Fetched: Sun Jan 20 2019 06:01:32 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
BankSA: Foreign Transfer AUD→MYR
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:2.8446 (3.5% from mid-rate)
MYR amount:28,389 MYR
Total Cost:3.69%
Difference:
RM319 less than using TorFX
Time:
Rate Fetched: website - 6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
National Australia Bank (nab) logo BankSA logo

Foreign Transfer AUD→MYR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:2.8478 (3.39% from mid-rate)
MYR amount:27,901 MYR
Total Cost:5.35%
Difference:
RM807 less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
National Australia Bank (nab): Foreign Transfer AUD→MYR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:2.7472 (6.81% from mid-rate)
MYR amount:27,412 MYR
Total Cost:7.01%
Difference:
RM1,296 less than using TorFX
Time:
Rate Fetched: website - 6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money - Exchange Rate Comparison

Travel Money Providers
Ratings & Reviews
Amount MYR(RM)Exchange RateFee AUDTotal CostCurrency ServicesDelivery/CollectDeal Links
BankSA Foreign Currency
BankSA logo
2,801.93 MYR
Value & Rating
2.8446$154.95%Branch-
 
Travel Money Oz logo
2,786.7 MYR
RM15 less
2.7867$0 BPay, Credit Card 1%5.47%Online order, Branch pickup3-5 days
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo BankSA logo
2,764 MYR
RM38 less
2.7968106.23%Branch-
 
Westpac logo
2,763.68 MYR
RM38 less
2.7916$106.25%Branch-
 
National Australia Bank (nab) logo
2,762.69 MYR
RM39 less
2.7906106.28%Branch-
 
ANZ Bank logo
2,762.5 MYR
RM39 less
2.7904$106.29%Branch-
 
Commonwealth Bank (CBA) logo
2,755.27 MYR
RM47 less
2.7831$106.53%Branch-
 
St George Bank logo
2,738.6 MYR
RM63 less
2.7803$157.1%Branch-
 
Travelex Online AU logo
2,732.4 MYR
RM70 less
2.7324$0 BPay, Card 0.72%-1%7.31%Online order, Branch pickup, Home delivery2-3 days
BankSA: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:2.8446 (3.5% from mid-rate)
MYR amount:2,801.93 MYR
Total Cost:4.95%
Time:
Rate Fetched: website - 6:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travel Money Oz: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:2.7867 (5.47% from mid-rate)
MYR amount:2,786.7 MYR
Total Cost:5.47%
Time:
Rate Fetched: Sun Jan 20 2019 06:00:06 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 

Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo BankSA logo

Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.8020 (4.95% from mid-rate)
MYR amount:2,764 MYR
Total Cost:6.23%
Currency Services:Branch
Delivery/Collect:-
Westpac: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:2.7916 (5.3% from mid-rate)
MYR amount:2,763.68 MYR
Total Cost:6.25%
Time:
Rate Fetched: website - Sun Jan 20 2019 06:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.7906 (5.33% from mid-rate)
MYR amount:2,762.69 MYR
Total Cost:6.28%
Time:
Rate Fetched: website - 6:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
ANZ Bank: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:2.7904 (5.34% from mid-rate)
MYR amount:2,762.5 MYR
Total Cost:6.29%
Time:
Rate Fetched: website - Sun Jan 20 2019 06:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:2.7831 (5.59% from mid-rate)
MYR amount:2,755.27 MYR
Total Cost:6.53%
Time:
Rate Fetched: website - Sun Jan 20 2019 06:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:2.7803 (5.68% from mid-rate)
MYR amount:2,738.6 MYR
Total Cost:7.1%
Time:
Rate Fetched: website - 6:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
Travelex Online AU: Travel Money AUD→MYR
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.7324 (7.31% from mid-rate)
MYR amount:2,732.4 MYR
Total Cost:7.31%
Time:
Rate Fetched: Sun Jan 20 2019 06:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

Why can't I just get the AUD/MYR market rate I see on Google or in the Media?

The AUD/MYR mid-rate is the rate you will see Quoted on Google 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.

The closer your final exchange rate is to the market AUD/MYR midrate the better deal you are getting.

AUD to MYR mid-rate on google

AUD to MYR mid-rate on google search

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

The three things you need in order to get a good AUD to MYR exchange rate

  1. Know the latest AUD/MYR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Malaysian Ringgit

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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 both Australian Dollar and Malaysian Ringgit news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.

By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.

Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.

One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.

Malaysian Ringgit (MYR) - Market news and forecasts

Like many other emerging market currencies, the ringgit struggled in 2018.

The ringgit weakened in November to a one-year low of RM4.2 per USD but had recovered slightly by the time of this report into the high RM4.17s.

Against the Singapore dollar — the currency of Malaysia’s largest trading partner — the ringgit weakened in November to 3.06 (also a one-year low at the time), before recovering to 3.043.

Among factors contributing to the ringgit’s weakness in 2018 has been political uncertainty relating to Malaysia's ruling Pakatan Harapan coalition, a 40 percent end-of-year crash in the price of oil, as well as general risk-off sentiment, driven partly by global trade tensions and most evident from a 20 percent fall in US equities prices. Higher US interest rates also make holding Malaysian currency less attractive.

“The ringgit will remain weak due to continued political uncertainty,” Fitch’s head of Asia Country Risk said in December.

For 2019 year-end, the team at TradingEconomics.com is forecasting USD/MYR and SGD/MYR at 4.19 and 3.01.

Currency News and Forecasts - Australian Dollar

Australian Dollar to Get “Crucified,” Analyst Says
Pound Fights Back on Hopes for Soft Brexit; Thai Baht at Long-Term Highs
Sterling at 7-Week High Ahead of Important Brexit Vote
Euro Fails in Breakout Attempt, Has Mixed Outlook in 2019
Australian Dollar, Canadian Dollar to Outperform; Yuan at 5-Month High
Outlook for Singapore Dollar Is Bright; Swiss Franc Strong In Spite of ...