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    AUD to MYR Exchange Rates

    We review Australian dollar to Malaysian ringgit latest & historic FX rates along with recent AUD/MYR Trend and Alerts.


    In this Australian dollar to Malaysian ringgit guide:

    Sell AUD   →   Buy MYR
    1 AUD = 3.1121 MYR
    A$1,000 AUD = RM3,112 MYR
    Converted at latest AUD-MYR mid-rate.
    AUD to MYR at 3.1105 has fallen 1.5% below its 90-day average, range 3.0959-3.2300.
    Scroll to interactive chart


    Compare AUD to MYR Exchange Rates

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the wholesale AUD/MYR mid-rate (shown above) or a transaction fee and often both!

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using another FX provider.


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    Australian dollar to Malaysian ringgit - Recent Trend

    AUD to MYR at 3.1105 has fallen 1.5% below its 90-day average, range 3.0959-3.2300.
    AUD to MYR Interbank mid-market We compare bank & FX provider rates to these wholesale mid-market rates. Read more rate

    View My Rates


    AUD - MYR - Forecasts & News

    The Malaysian ringgit has fallen to year lows in late July on the surge in pandemic cases – nearly 200 deaths and 12,000 new COVID-19 cases. MYR Forecasts

    Until the recent Fed Reserve pivot, the Australian dollar had benefited from the US dollar sell-off since late last year as investors moved away from the safe haven of the USD and into riskier assets. AUD Forecasts


    How to get a good AUD to MYR Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian dollar vs Malaysian ringgit current value is to look the AUD/MYR historic rate and change over a range of periods.

    The following table looks at the change in the AUD to MYR exchange rate over periods from the previous week back to the last 10 years.

    26 Jul 2021
    0.3% 1 Week
    03 Jul 2021
    0.8% 30 Days
    04 May 2021
    2.2% 90 Days
    02 Aug 2020
    2.7% 1 Year
    03 Aug 2016
    1.3% 5 Years
    05 Aug 2011
    0.9% 10 Years

    AUD/MYR rate change to 02-Aug-2021 → 3.1114


    Will the Australian dollar rise against the Malaysian ringgit?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add AUD/MYR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.


    View My Rates


    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.


    More Australian dollar rates


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