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MYR to BDT - Rate Guide

Malaysian Ringgit to Bangladeshi Taka 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. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 MYR = 20.31 BDT

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MYR to BDT - Trading Range (90 Day)
ALERT: 60-DAY LOWS 🔔 |
MYR/BDT at 20.39 is trading 0.8% below the 90-day average 20.56 with a range 20.29 to 20.91. ALERT: MYR/BDT has dropped to 60-DAY LOWS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Malaysian Ringgit to Bangladeshi Taka

MYR

BDT

RM 1
20.31
RM 5
101.55
RM 10
203.10
RM 20
406.20
RM 50
1,016
RM 100
2,031
RM 250
5,078
RM 500
10,155
RM 1,000
20,310
RM 2,000
40,620
RM 5,000
101,550
RM 10,000
203,100
RM 50,000
1,015,500
RM 100,000
2,031,000
More amounts

MYR

BDT

RM 0.0492
1
RM 0.2462
5
RM 0.4925
10
RM 0.9850
20
RM 2.4624
50
RM 4.9248
100
RM 12.31
250
RM 24.62
500
RM 49.25
1,000
RM 98.50
2,000
RM 246.24
5,000
RM 492.48
10,000
RM 2,462
50,000
RM 4,925
100,000
More amounts

To calculate specific MYR/BDT amounts use our Convert MYR to BDT 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.

Country Guides (MYR & BDT)

BangladeshBangladesh (BDT)MalaysiaMalaysia (MYR)

MYR and BDT in the Markets

When determining the best time to make a foreign exchange transaction, in this case the MYR vs BDT, 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.

 

Bangladeshi Taka (BDT)

No recent Bangladeshi Taka market updates.


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

PeriodMYR/BDTDate
1 Day20.490417 Feb 2020
7 Day20.550311 Feb 2020
30 Day20.911219 Jan 2020
3 Month20.354920 Nov 2019
1 Year20.612518 Feb 2019
5 Year21.462719 Feb 2015
10 Year20.307420 Feb 2010

When is the best time to exchange MYR to BDT?

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 myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all MYR Exchange Rates