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MYR to IDR - Compare Rates

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

 
 

Latest interbank rate (wholesale):

1 MYR = 3574.7 IDR

Sell MYR / Buy IDR 


MYR/IDR - Trend & Alerts

MYR/IDR at 3574.87 is 3.4% above its 90-DAY average, range 3301.25 - 3612.24 .
🔔 Today MYR/IDR is DOWN 0.9%
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Alert:1-DAY0.9% |
 
 

Comparing MYR IDR 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 Indonesian Rupiah - Quick Conversions

MYR IDR
RM 1 Rp 3,575
RM 5 Rp 17,874
RM 10 Rp 35,747
RM 20 Rp 71,494
RM 50 Rp 178,735
RM 100 Rp 357,470
RM 250 Rp 893,675
RM 500 Rp 1,787,350
RM 1,000 Rp 3,574,700
RM 2,000 Rp 7,149,400
RM 5,000 Rp 17,873,500
RM 10,000 Rp 35,747,000
RM 50,000 Rp 178,735,000
RM 100,000 Rp 357,470,000
More amounts
MYR IDR
RM 0.0003 Rp 1
RM 0.0014 Rp 5
RM 0.0028 Rp 10
RM 0.0056 Rp 20
RM 0.0140 Rp 50
RM 0.0280 Rp 100
RM 0.0700 Rp 250
RM 0.1400 Rp 500
RM 0.2800 Rp 1,000
RM 0.5600 Rp 2,000
RM 1.4000 Rp 5,000
RM 2.8000 Rp 10,000
RM 14.00 Rp 50,000
RM 28.00 Rp 100,000
More amounts

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

Country Guides - Indonesian Rupiah

 
IndonesiaIndonesia (IDR)
   

Malaysian Ringgit - Indonesian Rupiah Forecasting

When determining the best time to make a foreign exchange transaction, in this case the MYR vs IDR, 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.

 

Indonesian Rupiah (IDR)

IDR is up over 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 IDR versus other major currencies.

 

How to get Best MYR to IDR 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 IDR?

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

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

MYR/IDR ratePeriod
08 Sep 2020 : 3562.50291 Week
16 Aug 2020 : 3517.796930 Days
17 Jun 2020 : 3298.714490 Days
16 Sep 2019 : 3369.05211 Year
17 Sep 2015 : 3411.34435 Years
18 Sep 2010 : 2896.763210 Years

MYR/IDR 10 year historic rates

 

When is the best time to exchange MYR to IDR?

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