Rate direction
Malaysian ringgit to Canadian dollar · MYR/CAD trend
Review the recent market direction, current mid-market rate and significant movement alerts.
Current mid-market rate
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MYR/CAD exchange rate
90-day market context
MYR to CAD is at 90-day lows near 0.3401, 1.5% below its 3-month average of 0.3454, having traded in a very stable 2.7% range from 0.3401 to 0.3492
Currency Forecasts related to MYR/CAD
CAD to MYR Exchange Rate Forecast & Outlook
Currently, CAD/MYR is trading close to its recent high near 2.932, supported by the pair trading within its recent range. The dominant driver remains uncertain, with no clear fundamental catalyst prompting a strong move.
MYR to CAD Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Canadian 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 | CAD |
|---|---|
| RM 1,000 | C$ 341.10 |
| RM 5,000 | C$ 1,706 |
| RM 20,000 | C$ 6,822 |
| RM 100,000 | C$ 34,110 |
| MYR | CAD |
|---|---|
| RM 2,932 | C$ 1,000 |
| RM 14,660 | C$ 5,000 |
| RM 58,640 | C$ 20,000 |
| RM 293,200 | C$ 100,000 |
More amounts
*Converted at the current MYR-CAD 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 CAD?
The best MYR to CAD exchange rate is 0.3394 from OFX . This is -0.5% compared to the mid-market rate 0.3411.
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 Canadian dollar (CAD) rates from different sources before making a conversion.
The above Ringgit to Loonie 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-CAD mid-rate and the possible savings of using various providers.
How do MYR-CAD rates compare between providers?
Looking at the full MYR to CAD - Send Money comparison table the provider with the best MYR to CAD exchange rate is OFX at 0.3394, -0.5% from the latest mid-market rate 0.3411.
The next best is Wise at 0.339, -0.62% from the mid-rate.
Among the banks the CIMB Bank rate is 0.3346 at -1.9% and the Maybank rate is 0.3291 at -3.5% compared to the mid-rate 0.3411.
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.