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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’.
Sending money to Indonesia 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 Indonesia bank accounts or pay a Indonesian rupiah invoice.
Malaysian ringgit (MYR) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
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 Indonesian rupiah is to review how the MYR/IDR rate has changed over time.
The table below shows the percentage change in the MYR to IDR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MYR/IDR | Change | Period |
|---|---|---|---|
03 Dec 2025 | 4017.26 | 1.7% ▲ | 2 Week |
18 Sep 2025 | 3950.55 | 3.4% ▲ | 3 Month |
17 Dec 2024 | 3596.80 | 13.6% ▲ | 1 Year |
18 Dec 2020 | 3489.04 | 17.1% ▲ | 5 Year |
20 Dec 2015 | 3243.20 | 26% ▲ | 10 Year |
22 Dec 2005 | 2600.54 | 57.1% ▲ | 20 Year |
The Malaysian Ringgit (MYR) has been showing notable strength against the US Dollar (USD), recently reaching a 13-month high at approximately 0.2441 MYR/USD.
Recent analysis indicates that the USD to IDR exchange rate is under considerable pressure due to a combination of factors impacting both currencies.
Recent forecasts and analyst insights indicate a dynamic exchange rate landscape for the Malaysian Ringgit (MYR) against the Euro (EUR).
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Indonesian rupiah 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 | IDR |
|---|
| MYR | IDR |
|---|---|
| RM 0.2450 | Rp 1,000 |
| RM 1.2250 | Rp 5,000 |
| RM 4.9000 | Rp 20,000 |
| RM 24.50 | Rp 100,000 |
More amounts
*Converted at the current MYR-IDR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MYR to IDR exchange rate is 4060.08 from Wise. This is -0.6% compared to the mid-market rate 4,084.6.
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 Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above Ringgit to Rupiah 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-IDR mid-rate and the possible savings of using various providers.
Looking at the full MYR to IDR - Send Money comparison table the provider with the best MYR to IDR exchange rate is Wise at 4060.08, -0.6% from the latest mid-market rate 4,084.6.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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