Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

MYR to AUD Transfers Compared

MYR-AUD Rate Calculator

 
 
   
   
   
   
   
 

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.

90-day market context

MYR to AUD is at 90-day lows near 0.3518, 2.2% below its 3-month average of 0.3597, having traded in a quite stable 5.0% range from 0.3518 to 0.3694
|

Currency Forecasts related to MYR/AUD

MYR to AUD Exchange Rate Forecast & Outlook

Currently, MYR/AUD is trading close to recent lows within a stable range, with the pair holding near the 90-day average. The dominant driver from the rate differential remains the hawkish RBA stance and...

Read forecast

MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading close to 7-day lows near 0.2522, just below its 3-month average. Risk-off sentiment supported by geopolitical tensions and energy prices is pressuring the pair.

Read forecast

USD to AUD Exchange Rate Forecast & Outlook

Currently, USD/AUD is trading close to its 90-day average, supported by risk-off sentiment and safe-haven flows into USD. The pair is consolidating within its recent range, with risk conditions favouring the US dollar.

Read forecast

MYR/AUD remains range-bound near recent lows at 0.3531, with limited upside due to rate differentials and global risk factors. Expect consolidation in the 0.3530–0.3590 range, impacting transfers, travel, and business costs.

 

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$ 0.3529
RM 5 A$ 1.7645
RM 10 A$ 3.5290
RM 20 A$ 7.0580
RM 50 A$ 17.65
RM 100 A$ 35.29
RM 250 A$ 88.23
RM 500 A$ 176.45
RM 1,000 A$ 352.90
RM 2,000 A$ 705.80
RM 5,000 A$ 1,765
RM 10,000 A$ 3,529
RM 20,000 A$ 7,058
RM 50,000 A$ 17,645
RM 100,000 A$ 35,290
MYR AUD
RM 2.8337 A$ 1
RM 14.17 A$ 5
RM 28.34 A$ 10
RM 56.67 A$ 20
RM 141.69 A$ 50
RM 283.37 A$ 100
RM 708.43 A$ 250
RM 1,417 A$ 500
RM 2,834 A$ 1,000
RM 5,667 A$ 2,000
RM 14,169 A$ 5,000
RM 28,337 A$ 10,000
RM 56,674 A$ 20,000
RM 141,685 A$ 50,000
RM 283,370 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 0.3511 from OFX . This is -0.51% compared to the mid-market rate 0.3529.

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 0.3511, -0.51% from the latest mid-market rate 0.3529.

The next best is Wise at 0.3508, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 0.342 at -3.1% the OCBC Bank rate is 0.3405 at -3.5% and the Maybank rate is 0.3405 at -3.5% compared to the mid-rate 0.3529.

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: