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MYR to AUD - Exchange Rates

Malaysian Ringgit to Australian Dollar 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 MYR = 0.3749 AUD

   Sell MYR / Buy AUD  Switch

MYR to AUD 90-Day Trend
ALERT:1-DAY▲0.5% 🔔|
MYR/AUD at 0.3765 was trading 4% above AVG:0.362 with LO:0.3472 and HI:0.3952 (90 days). ALERT: MYR/AUD has reversed trend and is UP 0.5%
29-MAR 9PM-NY 30-MAR 2AM-LON 9AM-HK 12PM-SYD

Convert MYR to AUD ⚇ More Charts


Quick Conversions from Malaysian Ringgit to Australian Dollar

MYR AUD
RM 1 A$ 0.3749
RM 5 A$ 1.8745
RM 10 A$ 3.7490
RM 20 A$ 7.4980
RM 50 A$ 18.75
RM 100 A$ 37.49
RM 250 A$ 93.73
RM 500 A$ 187.45
RM 1,000 A$ 374.90
RM 2,000 A$ 749.80
RM 5,000 A$ 1,875
RM 10,000 A$ 3,749
RM 50,000 A$ 18,745
RM 100,000 A$ 37,490
More amounts
MYR AUD
RM 2.6675 A$ 1
RM 13.34 A$ 5
RM 26.68 A$ 10
RM 53.35 A$ 20
RM 133.38 A$ 50
RM 266.75 A$ 100
RM 666.88 A$ 250
RM 1,334 A$ 500
RM 2,668 A$ 1,000
RM 5,335 A$ 2,000
RM 13,338 A$ 5,000
RM 26,675 A$ 10,000
RM 133,375 A$ 50,000
RM 266,750 A$ 100,000
More amounts

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

 
Foreign Transfer Provider Receive AUD(A$) Exchange RateFee MYRDeal Links
TransferWise logo
A$3,741.82
0.62%
0.3761RM51
OFX logo
A$3,720
1.2%
0.3720 for BER users (normally $15)
Maybank International Money Transfers
Maybank logo
A$3,596.67
4.47%
0.3633RM100
OCBC Bank International Money Transfers
OCBC Bank logo
A$3,596.67
4.47%
0.3633RM100
United Overseas Bank International Money Transfers
United Overseas Bank logo
A$3,596.67
4.47%
0.3633RM100
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
A$3,572
5.12%
0.359615
HSBC logo
A$3,551.66
5.67%
0.3557RM15
Citibank International Money Transfers
Citibank logo
A$3,519.77
6.51%
0.352412
 
TransferWise logo
TransferWise: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:0.3761 (0.11% from mid-rate)
To Amount (AUD) A$3,741.82
Total Cost:0.62%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3720 (1.2% from mid-rate)
To Amount (AUD) A$3,720
Total Cost:1.2%
Difference:
A$22 AUD less than using TransferWise
Time:
Rate Fetched: 1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:0.3597 (4.46% from mid-rate)
To Amount (AUD) A$3,572
Total Cost:5.12%
Difference:
A$170 AUD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:0.3557 (5.52% from mid-rate)
To Amount (AUD) A$3,551.66
Total Cost:5.67%
Difference:
A$190 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:0.3524 (6.4% from mid-rate)
To Amount (AUD) A$3,519.77
Total Cost:6.51%
Difference:
A$222 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 03/30/2020 - View latest rates
Foreign Transfer Provider Receive AUD(A$) Exchange RateFee MYRDeal Links
TransferWise logo
A$3,741.82
0.62%
0.3761RM51
OFX logo
A$3,720
1.2%
0.3720 for BER users (normally $15)
Maybank International Money Transfers
Maybank logo
A$3,596.67
4.47%
0.3633RM100
OCBC Bank International Money Transfers
OCBC Bank logo
A$3,596.67
4.47%
0.3633RM100
United Overseas Bank International Money Transfers
United Overseas Bank logo
A$3,596.67
4.47%
0.3633RM100
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
A$3,572
5.12%
0.359615
HSBC logo
A$3,551.66
5.67%
0.3557RM15
Citibank International Money Transfers
Citibank logo
A$3,519.77
6.51%
0.352412
 
TransferWise logo
TransferWise: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:0.3761 (0.11% from mid-rate)
To Amount (AUD) A$3,741.82
Total Cost:0.62%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3720 (1.2% from mid-rate)
To Amount (AUD) A$3,720
Total Cost:1.2%
Difference:
A$22 AUD less than using TransferWise
Time:
Rate Fetched: 1:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3633 (3.51% from mid-rate)
To Amount (AUD) A$3,596.67
Total Cost:4.47%
Difference:
A$145 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:0.3597 (4.46% from mid-rate)
To Amount (AUD) A$3,572
Total Cost:5.12%
Difference:
A$170 AUD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:0.3557 (5.52% from mid-rate)
To Amount (AUD) A$3,551.66
Total Cost:5.67%
Difference:
A$190 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→AUD
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:0.3524 (6.4% from mid-rate)
To Amount (AUD) A$3,519.77
Total Cost:6.51%
Difference:
A$222 AUD less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 03/30/2020 - View latest rates
 

Country Guides (MYR & AUD)

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)

MYR and AUD in the Markets

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

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.

 

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.


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

PeriodMYR/AUDDate
1 Day0.383123 Mar 2020
7 Day0.383717 Mar 2020
30 Day0.361423 Feb 2020
3 Month0.349125 Dec 2019
1 Year0.345425 Mar 2019
5 Year0.347926 Mar 2015
10 Year0.334627 Mar 2010

When is the best time to exchange MYR to AUD?

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 MYR Exchange Rates