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HKD to MYR Transfers Compared

HKD-MYR Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Malaysia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.

 
   

HKD to MYR Market Data

Hong Kong dollar (HKD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

HKD to MYR at 0.5065 is just above its 3-month average, having traded in a very stable 3.8% range from 0.4974 to 0.5163
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Currency Forecasts related to HKD/MYR

HKD to MYR Exchange Rate Forecast & Outlook

Currently, HKD/MYR is trading close to the 3-month average, supported by the pair's stability within a narrow range. The pair remains near recent highs, with conditions indicating a sideways trend.

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USD to MYR Exchange Rate Forecast & Outlook

USD/MYR is currently trading near 3.9693, holding just above its 90-day average. The pair remains supported by the rate differential, with Malaysia's flexible exchange regime helping to contain fluctuations.

Read forecast

EUR to MYR Exchange Rate Forecast & Outlook

EUR/MYR is trading close to its 3-month average around 4.6292, supported by the rate differential with the euro edging higher. The pair remains within its recent range, indicating a balanced view.

Read forecast

HKD/MYR sits near 0.5065, expected to stay within 0.5060–0.5160 with a sideways trend. Stable market factors and no major catalysts suggest limited movement. Transfers may see minimal rate changes in the near term.

 

HKD to MYR Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Hong Kong dollar are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different HKD amounts at today’s rate * :

HKD MYR
HK$ 1 RM 0.5065
HK$ 5 RM 2.5325
HK$ 10 RM 5.0650
HK$ 20 RM 10.13
HK$ 50 RM 25.33
HK$ 100 RM 50.65
HK$ 250 RM 126.63
HK$ 500 RM 253.25
HK$ 1,000 RM 506.50
HK$ 2,000 RM 1,013
HK$ 5,000 RM 2,533
HK$ 10,000 RM 5,065
HK$ 20,000 RM 10,130
HK$ 50,000 RM 25,325
HK$ 100,000 RM 50,650
HKD MYR
HK$ 1.9744 RM 1
HK$ 9.8720 RM 5
HK$ 19.74 RM 10
HK$ 39.49 RM 20
HK$ 98.72 RM 50
HK$ 197.44 RM 100
HK$ 493.60 RM 250
HK$ 987.20 RM 500
HK$ 1,974 RM 1,000
HK$ 3,949 RM 2,000
HK$ 9,872 RM 5,000
HK$ 19,744 RM 10,000
HK$ 39,488 RM 20,000
HK$ 98,720 RM 50,000
HK$ 197,440 RM 100,000

More amounts

*Converted at the current HKD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for HKD to MYR?

The best HKD to MYR exchange rate is 0.5052 from OFX . This is -0.26% compared to the mid-market rate 0.5065.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Hong Kong dollar (HKD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

The above Hong Kong dollar to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest HKD-MYR mid-rate and the possible savings of using various providers. 

How do HKD-MYR rates compare between providers?

Looking at the full HKD to MYR - Send Money comparison table the provider with the best HKD to MYR exchange rate is OFX at 0.5052, -0.26% from the latest mid-market rate 0.5065.

The next best is XE at 0.5034, -0.61% from the mid-rate.

Then Wise at 0.5, which is -1.3% from the mid-rate.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

View a full list of exchange rates by selecting your Base (from) currency: