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MYR to EUR Transfers Compared

MYR-EUR 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’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to the Eurozone 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 the Eurozone bank accounts or pay a Euro invoice.

 
   

MYR to EUR Market Data

Malaysian ringgit (MYR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy EUR
MYR to EUR at 0.2015 is 1.4% below its 3-month average of 0.2044, having traded in a quite stable 5.7% range from 0.1988 to 0.2102
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Is the MYR to EUR 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 Euro is to review how the MYR/EUR rate has changed over time.

The table below shows the percentage change in the MYR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMYR/EURChangePeriod
01 Jul 2025
0.2018
0.2% 2 Week
16 Apr 2025
0.1989
1.2% 3 Month
15 Jul 2024
0.1964
2.5% 1 Year
16 Jul 2020
0.2057
2.1% 5 Year
18 Jul 2015
0.2430
17.2% 10 Year
20 Jul 2005
0.2176
7.5% 20 Year
MYR/EUR historic rates & change to 15-Jul-2025
EUR/MYR is at 4.9614, up 1.4% from the 3-month avg of 4.8944. Analysts note euro volatility amid EU-US trade uncertainty and disappointing Eurozone retail sales. The MYR is pressured by US tariffs, with regional currencies facing headwinds as economic fears grow

 

MYR to EUR 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 Euro 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 EUR
RM 1 0.2032
RM 5 1.0160
RM 10 2.0320
RM 20 4.0640
RM 50 10.16
RM 100 20.32
RM 250 50.80
RM 500 101.60
RM 1,000 203.20
RM 2,000 406.40
RM 5,000 1,016
RM 10,000 2,032
RM 20,000 4,064
RM 50,000 10,160
RM 100,000 20,320
MYR EUR
RM 4.9215 € 1
RM 24.61 € 5
RM 49.22 € 10
RM 98.43 € 20
RM 246.08 € 50
RM 492.15 € 100
RM 1,230 € 250
RM 2,461 € 500
RM 4,922 € 1,000
RM 9,843 € 2,000
RM 24,608 € 5,000
RM 49,215 € 10,000
RM 98,430 € 20,000
RM 246,075 € 50,000
RM 492,150 € 100,000

More amounts

*Converted at the current MYR-EUR 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 EUR?

The best MYR to EUR exchange rate is our partner deal rate of 0.2022 from OFX . This is -0.49% compared to the mid-market rate 0.2032.

The standard OFX MYR-EUR rate is 0.2007616, -1.2% from the mid-rate. Visit OFX here to secure the better rate.

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 Euro (EUR) rates from different sources before making a conversion.

The above Ringgit to Euro 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-EUR mid-rate and the possible savings of using various providers. 

How do MYR-EUR rates compare between providers?

Looking at the full MYR to EUR - Send Money comparison table the provider with the best MYR to EUR exchange rate is OFX at 0.2022, -0.49% from the latest mid-market rate 0.2032.

The next best is Wise at 0.2018, -0.69% from the mid-rate.

Then WorldRemit at 0.2001, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.1969 at -3.1% the OCBC Bank rate is 0.1961 at -3.5% and the Maybank rate is 0.1961 at -3.5% compared to the mid-rate 0.2032.

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.

 

Currency Forecasts related to MYR/EUR

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