The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
MYR to BDT Market Data
Malaysian ringgit (MYR) to Bangladeshi taka (BDT) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MYR →
Buy BDT
1 MYR = 29.05 BDT
▲+0.4% since yesterday
MYR to BDT at 29.05 is 2.4% above its 3-month average of 28.37, having traded in a fairly volatile 8.2% range from 27.03 to 29.24
Is the MYR to BDT 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 Bangladeshi taka is to review how the MYR/BDT rate has changed over time.
The table below shows the percentage change in the MYR to BDT exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/BDT
Change
Period
07 Jul 2023
23.26
2.3% ▲
2 Week
22 Apr 2023
23.91
0.5% ▼
3 Month
21 Jul 2022
21.18
12.4% ▲
1 Year
22 Jul 2018
20.66
15.2% ▲
5 Year
23 Jul 2013
24.40
2.5% ▼
10 Year
26 Jul 2003
15.16
57% ▲
20 Year
MYR/BDT historic rates & change to 21-Jul-2023
MYR to BDT 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 Bangladeshi taka across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
What is the
best Send Money conversion rate for MYR to BDT?
The best MYR to BDT exchange rate is 28.85 from Wise. This is -0.69% compared to the mid-market rate 29.05.
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 Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above
Ringgit to Taka 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-BDT mid-rate and the possible savings of using various providers.
How do MYR-BDT rates compare between providers?
Looking at the full
MYR to BDT - Send Money comparison table the provider with the best MYR to BDT exchange rate is Wise at 28.85, -0.69% from the latest mid-market rate 29.05.
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.