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100,000 MYR to AUD - Exchange Rate Overview

Malaysian Ringgit to Australian Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

RM100,000 MYR
=
A$34,496 AUD

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 MYR = 0.3450 AUD

Sell MYR / Buy AUD 

 
MYR to AUD 90-day trend
4-DAY1.6% 90-DAY-LO (1d)
MYR/AUD at 0.345 was trading 5.1% below AVG:0.3637 with LO:0.3445 and HI:0.3952 (90 days). There are no current rate alerts.

Malaysian Ringgit to Australian Dollar - Quick Conversions

MYR AUD
RM 1 A$ 0.3450
RM 5 A$ 1.7250
RM 10 A$ 3.4500
RM 20 A$ 6.9000
RM 50 A$ 17.25
RM 100 A$ 34.50
RM 250 A$ 86.25
RM 500 A$ 172.50
RM 1,000 A$ 345.00
RM 2,000 A$ 690.00
RM 5,000 A$ 1,725
RM 10,000 A$ 3,450
RM 50,000 A$ 17,250
RM 100,000 A$ 34,500
More amounts
MYR AUD
RM 2.8989 A$ 1
RM 14.49 A$ 5
RM 28.99 A$ 10
RM 57.98 A$ 20
RM 144.95 A$ 50
RM 289.89 A$ 100
RM 724.73 A$ 250
RM 1,449 A$ 500
RM 2,899 A$ 1,000
RM 5,798 A$ 2,000
RM 14,495 A$ 5,000
RM 28,989 A$ 10,000
RM 144,945 A$ 50,000
RM 289,890 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.

 
 

MYR to AUD International Money Transfers

Foreign Transfer Provider Receive AUD(A$) Exchange RateFee MYRDeal Links
OFX logo
A$340.90
1.19%
Best Overall
0.34090 for BER users (normally $15)
Maybank International Money Transfers
Maybank logo
A$329.57
4.47%
A$11 less
0.3329RM10.00
OCBC Bank International Money Transfers
OCBC Bank logo
A$329.57
4.47%
A$11 less
0.3329RM10.00
United Overseas Bank International Money Transfers
United Overseas Bank logo
A$329.57
4.47%
A$11 less
0.3329RM10.00
HSBC logo
A$325.41
5.68%
A$15 less
0.3259RM1.50
Citibank International Money Transfers
Citibank logo
A$319.03
7.53%
A$22 less
0.322912
Banks - Average Rate
Citibank logo HSBC logo Maybank logo OCBC Bank logo United Overseas Bank logo
A$326.63
5.32%
A$14 less
0.329515
 
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OFX: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3409 (1.19% from mid-rate)
To Amount (AUD) A$340.90
Total Cost:1.19%
Time:
Rate Fetched: 14:35 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
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Maybank: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:RM10.00 MYR (1%)
Exchange Rate:0.3329 (3.51% from mid-rate)
To Amount (AUD) A$329.57
Total Cost:4.47%
Difference:
A$11 AUD less than using OFX
Time:14:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
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OCBC Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:RM10.00 MYR (1%)
Exchange Rate:0.3329 (3.51% from mid-rate)
To Amount (AUD) A$329.57
Total Cost:4.47%
Difference:
A$11 AUD less than using OFX
Time:14:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
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United Overseas Bank: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:RM10.00 MYR (1%)
Exchange Rate:0.3329 (3.51% from mid-rate)
To Amount (AUD) A$329.57
Total Cost:4.47%
Difference:
A$11 AUD less than using OFX
Time:14:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:RM1.50 MYR (.15%)
Exchange Rate:0.3259 (5.54% from mid-rate)
To Amount (AUD) A$325.41
Total Cost:5.68%
Difference:
A$15 AUD less than using OFX
Time:14:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
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Citibank: Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:12
Exchange Rate:0.3229 (6.41% from mid-rate)
To Amount (AUD) A$319.03
Total Cost:7.53%
Difference:
A$22 AUD less than using OFX
Time:14:35 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer MYR→AUD
From Amount (MYR)RM1,000
Fee:15
Exchange Rate:0.3296 (4.46% from mid-rate)
To Amount (AUD) A$326.63
Total Cost:5.32%
Difference:
A$14 AUD less than using OFX
Transfer Speed:
Services:
 
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Snapshot 05/30/2020 - View live rates
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 
 

Australian Dollar (AUD) Country Guides

AustraliaAustralia (AUD)Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)
Heard and McDonald IslandsHeard and McDonald Islands (AUD)KiribatiKiribati (AUD)NauruNauru (AUD)
Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

Malaysian Ringgit and Australian Dollar Forecasts

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 staged a rapid recovery in April but, according to TD Securities, AUD overpriced and see a drop back to 62cents in the short term.

The Aussie had been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak 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 over periods upto 10 years.

PeriodDateRate
1 Week19 May 20200.3516
30 Days26 Apr 20200.3586
90 Days26 Feb 20200.3615
1 Year27 May 20190.3452
5 Years28 May 20150.3581
10 Years29 May 20100.3600
MYR/AUD 10 year historic rates
 

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.

Foreign Transfers Travel Money

View all MYR Exchange Rates