Best MYR to AUD Exchange Rates - Compare Providers & Save

In this Malaysian ringgit to Australian dollar guide:

1 MYR = AUD

Sell MYR → Buy AUD

1-DAY▲+0.6%

30-DAY▲HIGH

MYR to AUD at 0.3342 has risen 1.3% above average of its 90-day range 0.3195-0.3377.

25-JAN 12PM-NY 5PM-LON 26-JAN 1AM-HK 4AM-SYD

Track Rate

1 AUD = 2.9920 MYR

MYR/AUD was	Change	Period
0.3317 10 Jan 2022	0.8% ▲	2 Weeks
0.3209 26 Oct 2021	4.1% ▲	90 Days
0.3207 24 Jan 2021	4.2% ▲	1 Year
0.2975 25 Jan 2017	12.3% ▲	5 Years
0.3087 27 Jan 2012	8.3% ▲	10 Years
0.5134 29 Jan 2002	34.9% ▼	20 Years

MYR/AUD change over periods to 24-Jan-2022

Expected to rise to US75¢ by the end of 2022, however the Aussie dollar is forecast to have a volatile year against a range of currencies.

AUD Outlook

The Malaysian ringgit has fallen below 24 cents as a firmer US dollar kept Asian currencies subdued while escalating woes at indebted developer China Evergrande switched markets to safe haven mode.

MYR Outlook

1-DAY▲+0.6%

30-DAY▲HIGH

MYR to AUD - Compare & Save

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

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Provider	Amounts	Rate	Cost

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

How to get a good MYR to AUD 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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Australia.

Will the Malaysian ringgit rise against the Australian dollar?

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 MYR/AUD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

Rate Tracker

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.