Best MYR to INR Exchange Rates - Compare Providers & Save

In this Malaysian ringgit to Indian rupee guide:

1 MYR = INR

Sell MYR → Buy INR

14-DAY▲HIGH

MYR to INR at 17.84 is near average of its 90-day range 17.60-18.10.

25-JAN 11AM-NY 4PM-LON 26-JAN 12AM-HK 3AM-SYD

Track Rate

MYR/INR was	Change	Period
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-DAY▲HIGH

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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Provider	Amounts	Rate	Cost

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!

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.