Compare Best MYR to AUD transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to Australia 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 Australia bank accounts or pay a Australian dollar invoice.

MYR to AUD Market Data

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

Sell MYR → Buy AUD

1 MYR = 0.3705 AUD

90dHighs◓

1d+0.5%▲

MYR to AUD is at 90-day highs near 0.3705, 2.0% above its 3-month average of 0.3631, having traded in a quite stable 4.2% range from 0.3556 to 0.3705

14-NOV 7PM-NY 15-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 AUD = 2.6990 MYR

Is the MYR to AUD Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Malaysian ringgit against the Australian dollar is to review how the MYR/AUD rate has changed over time.

The table below shows the percentage change in the MYR to AUD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	MYR/AUD	Change	Period
31 Oct 2025	0.3641	1.6% ▲	2 Week
16 Aug 2025	0.3648	1.4% ▲	3 Month
14 Nov 2024	0.3457	7% ▲	1 Year
15 Nov 2020	0.3327	11.2% ▲	5 Year
17 Nov 2015	0.3205	15.4% ▲	10 Year
19 Nov 2005	0.3615	2.4% ▲	20 Year

MYR/AUD historic rates & change to 14-Nov-2025

Recent updates show the AUD/MYR at 90-day lows of 2.6938, driven by stronger AU labor data and sustained commodity demands. Analysts credit MYR's 13-month high to stable monetary policy and strong GDP growth in Malaysia. Traders should monitor commodity fluctuations for potential currency risks

@bestfxrates

MYR to AUD 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 Malaysian ringgit are worth in Australian dollar across a range of amounts.

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

MYR	AUD
RM 1	A$ 0.3705
RM 5	A$ 1.8525
RM 10	A$ 3.7050
RM 20	A$ 7.4100
RM 50	A$ 18.53
RM 100	A$ 37.05
RM 250	A$ 92.63
RM 500	A$ 185.25
RM 1,000	A$ 370.50
RM 2,000	A$ 741.00
RM 5,000	A$ 1,853
RM 10,000	A$ 3,705
RM 20,000	A$ 7,410
RM 50,000	A$ 18,525
RM 100,000	A$ 37,050

MYR	AUD
RM 2.6990	A$ 1
RM 13.50	A$ 5
RM 26.99	A$ 10
RM 53.98	A$ 20
RM 134.95	A$ 50
RM 269.90	A$ 100
RM 674.75	A$ 250
RM 1,350	A$ 500
RM 2,699	A$ 1,000
RM 5,398	A$ 2,000
RM 13,495	A$ 5,000
RM 26,990	A$ 10,000
RM 53,980	A$ 20,000
RM 134,950	A$ 50,000
RM 269,900	A$ 100,000

More amounts

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

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

The best MYR to AUD exchange rate is 0.3687 from OFX . This is -0.49% compared to the mid-market rate 0.3705.

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

The above Ringgit to Aussie 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 MYR-AUD mid-rate and the possible savings of using various providers.

How do MYR-AUD rates compare between providers?

Looking at the full MYR to AUD - Send Money comparison table the provider with the best MYR to AUD exchange rate is OFX at 0.3687, -0.49% from the latest mid-market rate 0.3705.

The next best is Wise at 0.3683, -0.59% from the mid-rate.

Among the banks the CIMB Bank rate is 0.359 at -3.1% the OCBC Bank rate is 0.3575 at -3.5% and the Maybank rate is 0.3575 at -3.5% compared to the mid-rate 0.3705.

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.

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