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MYR to HKD - Compare Rates

Malaysian Ringgit to Hong Kong Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

What's in this MYR to HKD guide?

  1. MYR/HKD - Latest
  2. Trend & Alerts
  3. Foreign Transfers
  4. Spend & Travel
  5. Quick Amounts
  6. Forecasts
  7. Get Best Rates
  8. Historic Rates
 

Latest interbank rate (wholesale):

1 MYR = 1.8836 HKD

Sell MYR / Buy HKD 

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MYR/HKD - Trend & Alerts

MYR/HKD at 1.8836 is 2.6% above its 90-DAY average, range 1.806 - 1.8836 .
đź”” MYR/HKD is at 90-DAY HIGHS.
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Alert:90-DAY HIGHS |
 
 

Comparing MYR HKD Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Malaysian Ringgit to Hong Kong Dollar - Quick Conversions

MYR HKD
RM 1 HK$ 1.8836
RM 5 HK$ 9.4180
RM 10 HK$ 18.84
RM 20 HK$ 37.67
RM 50 HK$ 94.18
RM 100 HK$ 188.36
RM 250 HK$ 470.90
RM 500 HK$ 941.80
RM 1,000 HK$ 1,884
RM 2,000 HK$ 3,767
RM 5,000 HK$ 9,418
RM 10,000 HK$ 18,836
RM 50,000 HK$ 94,180
RM 100,000 HK$ 188,360
More amounts
MYR HKD
RM 0.5309 HK$ 1
RM 2.6545 HK$ 5
RM 5.3090 HK$ 10
RM 10.62 HK$ 20
RM 26.55 HK$ 50
RM 53.09 HK$ 100
RM 132.73 HK$ 250
RM 265.45 HK$ 500
RM 530.90 HK$ 1,000
RM 1,062 HK$ 2,000
RM 2,655 HK$ 5,000
RM 5,309 HK$ 10,000
RM 26,545 HK$ 50,000
RM 53,090 HK$ 100,000
More amounts

To calculate other MYR/HKD FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate MYR to HKD .

Country Guides - Hong Kong Dollar

 
Hong KongHong Kong (HKD)
   

Malaysian Ringgit - Hong Kong Dollar Forecasting

When determining the best time to make a foreign exchange transaction, in this case the MYR vs HKD, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

The Malaysian ringgit is up around 2.5% against the US dollar for 2020 (in August) and is gaining favour from bank commentators such as HSBC due to the attraction of the carry trade - the ability to earn higher interest when holding MYR versus other major currencies.

Read more in the article MYR Forecasts.

 

Hong Kong Dollar (HKD)

Earlier in the year the threat of proxy war between the US and Iran in Ira helped bring on gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.

Read more in the article HKD Forecasts.

 

How to get Best MYR to HKD 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.

 

Will MYR rise or fall against HKD?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Malaysian Ringgit vs Hong Kong Dollar current value is to look the MYR/HKD historic rate and change over a range of periods.

The following table looks at the change in the MYR to HKD exchange rate over periods from the previous week back to the last 10 years.

MYR/HKD ratePeriod
08 Sep 2020 : 1.85971 Week
16 Aug 2020 : 1.849630 Days
17 Jun 2020 : 1.810690 Days
16 Sep 2019 : 1.87621 Year
17 Sep 2015 : 1.83135 Years
18 Sep 2010 : 2.502410 Years

MYR/HKD 10 year historic rates

 

When is the best time to exchange MYR to HKD?

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 BER.me FX Alerts