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MYR to ISK - Exchange Rates

Malaysian Ringgit to Icelandic Krona exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 MYR = 30.14 ISK

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MYR to ISK - Trading Range (90 Day)
ALERTS: 1-DAY ▼ 0.6% 🔔 | 14-DAY LOWS 🔔 |
MYR/ISK at 30.1 was trading 0.5% above the 90-day average 29.95 - range 28.98 to 30.67. ALERTS: Today MYR/ISK is DOWN 0.6% and also dropped to 14-DAY LOWS.
27-FEB 5PM-NY 10PM-LON | 28-Feb 9AM-SYD

Convert MYR to ISK More Charts


Quick Conversions from Malaysian Ringgit to Icelandic Krona

MYR

ISK

RM 1
kr 30.14
RM 5
kr 150.70
RM 10
kr 301.40
RM 20
kr 602.80
RM 50
kr 1,507
RM 100
kr 3,014
RM 250
kr 7,535
RM 500
kr 15,070
RM 1,000
kr 30,140
RM 2,000
kr 60,280
RM 5,000
kr 150,700
RM 10,000
kr 301,400
RM 50,000
kr 1,507,000
RM 100,000
kr 3,014,000
More amounts

MYR

ISK

RM 0.0332
kr 1
RM 0.1659
kr 5
RM 0.3318
kr 10
RM 0.6636
kr 20
RM 1.6589
kr 50
RM 3.3178
kr 100
RM 8.2945
kr 250
RM 16.59
kr 500
RM 33.18
kr 1,000
RM 66.36
kr 2,000
RM 165.89
kr 5,000
RM 331.78
kr 10,000
RM 1,659
kr 50,000
RM 3,318
kr 100,000
More amounts

To calculate your own MYR/ISK amounts use our Convert MYR to ISK quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (MYR & ISK)

IcelandIceland (ISK)MalaysiaMalaysia (MYR)

MYR and ISK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the MYR vs ISK, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.

 

Icelandic Krona (ISK)

No recent Icelandic Krona market updates.


How to get Best MYR to ISK 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.

What is a good MYR to ISK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the MYR to ISK exchange rate to the present day for periods going back upto 10 years.

PeriodMYR/ISKDate
1 Day30.390524 Feb 2020
7 Day30.632718 Feb 2020
30 Day30.653126 Jan 2020
3 Month29.410427 Nov 2019
1 Year29.453025 Feb 2019
5 Year36.823626 Feb 2015
10 Year37.907027 Feb 2010

When is the best time to exchange MYR to ISK?

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

We help you Save Money on Exchange Rates.

 

View all MYR Exchange Rates