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MYR to INR - Compare Rates

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

 
 

Latest interbank rate (wholesale):

1 MYR = 17.89 INR

Sell MYR / Buy INR 


MYR/INR - Trend & Alerts

MYR/INR at 17.89 is a little above its 90-DAY average, range 17.42 - 17.97 .
🔔 Today MYR/INR is UP 0.6% and at 14-DAY HIGHS.
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Alerts:1-DAY0.6% | 14-DAY HIGHS |
 
 

Comparing MYR INR 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 Indian Rupee - Quick Conversions

MYR INR
RM 1 17.89
RM 5 89.45
RM 10 178.90
RM 20 357.80
RM 50 894.50
RM 100 1,789
RM 250 4,473
RM 500 8,945
RM 1,000 17,890
RM 2,000 35,780
RM 5,000 89,450
RM 10,000 178,900
RM 50,000 894,500
RM 100,000 1,789,000
More amounts
MYR INR
RM 0.0559 ₹ 1
RM 0.2795 ₹ 5
RM 0.5590 ₹ 10
RM 1.1179 ₹ 20
RM 2.7948 ₹ 50
RM 5.5896 ₹ 100
RM 13.97 ₹ 250
RM 27.95 ₹ 500
RM 55.90 ₹ 1,000
RM 111.79 ₹ 2,000
RM 279.48 ₹ 5,000
RM 558.96 ₹ 10,000
RM 2,795 ₹ 50,000
RM 5,590 ₹ 100,000
More amounts

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

Country Guides - Indian Rupee

 
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Malaysian Ringgit - Indian Rupee Forecasting

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

 

Indian Rupee (INR)

The Indian rupee exhibits strong seasonal patterns: the rupee typically falls in value every second-quarter (April-to-June) due to India’s heightened gold demand heading into Akshaya Tritiya – the annual spring time festival of the Hindus and Jains.

Accordingly many currency forecasts point out that rupee strength is to be expected in the second half of a typical year.

Read more in the article INR Forecasts.

 

How to get Best MYR to INR 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 INR?

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

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

MYR/INR ratePeriod
08 Sep 2020 : 17.70541 Week
16 Aug 2020 : 17.874530 Days
17 Jun 2020 : 17.844590 Days
16 Sep 2019 : 17.21791 Year
17 Sep 2015 : 15.64915 Years
18 Sep 2010 : 14.773910 Years

MYR/INR 10 year historic rates

 

When is the best time to exchange MYR to INR?

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