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    MYR to INR Exchange Rates

    Compare & Save on Malaysian ringgit to Indian rupee FX rates - Check MYR/INR Trends and Forecasts.

     
    1 MYR =
    17.84We compare provider deals to this wholesale mid-market rate. Read more
    INR
    Sell MYR   →   Buy INR
     
    14-DAYHIGH
    MYR to INR at 17.84 is near average of its 90-day range 17.60-18.10.
    |
    Track Rate
    MYR/INR wasChangePeriod
    17.63
    10 Jan 2022
    1.1% 2 Weeks
    18.06
    26 Oct 2021
    1.3% 90 Days
    18.05
    24 Jan 2021
    1.3% 1 Year
    15.32
    25 Jan 2017
    16.3% 5 Years
    16.25
    27 Jan 2012
    9.7% 10 Years
    12.74
    29 Jan 2002
    39.9% 20 Years
    MYR/INR change over periods to 24-Jan-2022

    Most Asian currencies weakened in 2021 (including the rupee) against the dollar on fears that surging energy prices could spur inflation and interest rate hikes.

    India imports most of its oil requirements and higher crude prices tend to push up domestic inflation.

     INR Outlook


    The Malaysian ringgit has fallen below 24 cents as a firmer US dollar kept Asian currencies subdued while escalating woes at indebted developer China Evergrande switched markets to safe haven mode.

     MYR Outlook

    14-DAYHIGH

    MYR to INR - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     

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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest MYR to INR Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       
     

    How to get a good MYR to INR Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to India.

     

    Will the Malaysian ringgit rise against the Indian rupee?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MYR/INR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     

    Rate Tracker

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.