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5,000 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.

 

What's in this MYR to IDR guide?

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

MYR IDR live spot rate

1 MYR = 3517.7 IDR

Sell MYR / Buy IDR 

⚇
 

RM5,000 MYR
=
Rp17,588,642 IDR

Converted at MYR/IDR wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

Malaysian Ringgit to Indonesian Rupiah - Trend & Alerts

MYRIDR at 3517.5 is a little below its 90-DAY average, range 3417.58-3612.24.
đź”” MYRIDR is at 30-DAY LOWS.
|
Alert:30-DAY LOWS |
 
 

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 3,518
RM 5 Rp 17,589
RM 10 Rp 35,177
RM 20 Rp 70,354
RM 50 Rp 175,885
RM 100 Rp 351,770
RM 250 Rp 879,425
RM 500 Rp 1,758,850
RM 1,000 Rp 3,517,700
RM 2,000 Rp 7,035,400
RM 5,000 Rp 17,588,500
RM 10,000 Rp 35,177,000
RM 50,000 Rp 175,885,000
RM 100,000 Rp 351,770,000
More amounts
MYR IDR
RM 0.0003 Rp 1
RM 0.0014 Rp 5
RM 0.0028 Rp 10
RM 0.0057 Rp 20
RM 0.0142 Rp 50
RM 0.0284 Rp 100
RM 0.0710 Rp 250
RM 0.1420 Rp 500
RM 0.2840 Rp 1,000
RM 0.5680 Rp 2,000
RM 1.4200 Rp 5,000
RM 2.8400 Rp 10,000
RM 14.20 Rp 50,000
RM 28.40 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.

Migrant workers from Asia’s developing countries, such as Indonesia, have been sending home record amounts of money in recent months, defying pandemic expectations and propping up home economies at a critical time.

However, it appears workers are just sending money home in advance of their own return due to a bleak job market, particularly in the Middle East.

 

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
13 Oct 2020 : 3546.83601 Week
20 Sep 2020 : 3579.320030 Days
22 Jul 2020 : 3440.053790 Days
21 Oct 2019 : 3363.92101 Year
22 Oct 2015 : 3208.81745 Years
23 Oct 2010 : 2868.803410 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