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MYR to BDT Exchange Rates & Currency Deals

MYR-BDT Rate Calculator

 
 
   

Understanding the Table:

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
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Tracker

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:

DateMYR/BDTChangePeriod
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 * :

MYR BDT
RM 1 29.05
RM 5 145.25
RM 10 290.50
RM 20 581.00
RM 50 1,453
RM 100 2,905
RM 250 7,263
RM 500 14,525
RM 1,000 29,050
RM 2,000 58,100
RM 5,000 145,250
RM 10,000 290,500
RM 20,000 581,000
RM 50,000 1,452,500
RM 100,000 2,905,000
MYR BDT
RM 0.0344 ৳ 1
RM 0.1721 ৳ 5
RM 0.3442 ৳ 10
RM 0.6884 ৳ 20
RM 1.7210 ৳ 50
RM 3.4420 ৳ 100
RM 8.6050 ৳ 250
RM 17.21 ৳ 500
RM 34.42 ৳ 1,000
RM 68.84 ৳ 2,000
RM 172.10 ৳ 5,000
RM 344.20 ৳ 10,000
RM 688.40 ৳ 20,000
RM 1,721 ৳ 50,000
RM 3,442 ৳ 100,000

More amounts

*Converted at the current MYR-BDT 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 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.

The next best is WorldRemit at 28.62, -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 27.48 at -5.4% the OCBC Bank rate is 28.04 at -3.5% and the Maybank rate is 28.04 at -3.5% compared to the mid-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.

 

Compare MYR to BDT Transfer Rates

   

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