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MYR to ISK Exchange Rates & Currency Deals

MYR-ISK Rate Calculator

 
 
   

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’.

 
 
   

MYR to ISK Market Data

Malaysian ringgit (MYR) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy ISK
1 MYR = 28.78 ISK
1d0.0%
MYR to ISK at 28.77 is just 0.5% below its 3-month average of 28.92, having traded in a very stable 2.7% range from 28.57 to 29.35
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Tracker

Is the MYR to ISK Exchange Rate Likely to Improve?

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 Icelandic krona is to review how the MYR/ISK rate has changed over time.

The table below shows the percentage change in the MYR to ISK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMYR/ISKChangePeriod
06 Oct 2025
28.73
0.1% 2 Week
22 Jul 2025
28.65
0.4% 3 Month
20 Oct 2024
31.92
9.9% 1 Year
21 Oct 2020
33.44
14% 5 Year
23 Oct 2015
30.12
4.5% 10 Year
25 Oct 2005
15.97
80.1% 20 Year
MYR/ISK historic rates & change to 20-Oct-2025
 

MYR to ISK Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Icelandic krona 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 ISK
RM 1 kr 28.78
RM 5 kr 143.90
RM 10 kr 287.80
RM 20 kr 575.60
RM 50 kr 1,439
RM 100 kr 2,878
RM 250 kr 7,195
RM 500 kr 14,390
RM 1,000 kr 28,780
RM 2,000 kr 57,560
RM 5,000 kr 143,900
RM 10,000 kr 287,800
RM 20,000 kr 575,600
RM 50,000 kr 1,439,000
RM 100,000 kr 2,878,000
MYR ISK
RM 0.0348 kr 1
RM 0.1738 kr 5
RM 0.3475 kr 10
RM 0.6950 kr 20
RM 1.7375 kr 50
RM 3.4750 kr 100
RM 8.6875 kr 250
RM 17.38 kr 500
RM 34.75 kr 1,000
RM 69.50 kr 2,000
RM 173.75 kr 5,000
RM 347.50 kr 10,000
RM 695.00 kr 20,000
RM 1,738 kr 50,000
RM 3,475 kr 100,000

More amounts

*Converted at the current MYR-ISK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for MYR to ISK?

The best MYR to ISK exchange rate is 28.58 from Wise. This is -0.69% compared to the mid-market rate 28.78.

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 Icelandic krona (ISK) rates from different sources before making a conversion.

The above Ringgit to Krona 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-ISK mid-rate and the possible savings of using various providers. 

How do MYR-ISK rates compare between providers?

Looking at the full MYR to ISK - Send Money comparison table the provider with the best MYR to ISK exchange rate is Wise at 28.58, -0.69% from the latest mid-market rate 28.78.

The next best is WorldRemit at 28.34, -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 27.23 at -5.4% the OCBC Bank rate is 27.77 at -3.5% and the Maybank rate is 27.77 at -3.5% compared to the mid-rate 28.78.

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.

 

Compare MYR to ISK Transfer Rates

   

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