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MYR to MXN - Compare Rates

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

 
 

Latest interbank rate (wholesale):

1 MYR = 5.1059 MXN

Sell MYR / Buy MXN 


MYR/MXN - Trend & Alerts

MYR/MXN at 5.094 is 2.9% below its 90-DAY average, range 5.0385 - 5.3969 .
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7-DAY2% 60-DAY-LOW
 
 

Comparing MYR MXN 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 Mexican Peso - Quick Conversions

MYR MXN
RM 1 Mex$ 5.1059
RM 5 Mex$ 25.53
RM 10 Mex$ 51.06
RM 20 Mex$ 102.12
RM 50 Mex$ 255.30
RM 100 Mex$ 510.59
RM 250 Mex$ 1,276
RM 500 Mex$ 2,553
RM 1,000 Mex$ 5,106
RM 2,000 Mex$ 10,212
RM 5,000 Mex$ 25,530
RM 10,000 Mex$ 51,059
RM 50,000 Mex$ 255,295
RM 100,000 Mex$ 510,590
More amounts
MYR MXN
RM 0.1959 Mex$ 1
RM 0.9795 Mex$ 5
RM 1.9590 Mex$ 10
RM 3.9180 Mex$ 20
RM 9.7950 Mex$ 50
RM 19.59 Mex$ 100
RM 48.98 Mex$ 250
RM 97.95 Mex$ 500
RM 195.90 Mex$ 1,000
RM 391.80 Mex$ 2,000
RM 979.50 Mex$ 5,000
RM 1,959 Mex$ 10,000
RM 9,795 Mex$ 50,000
RM 19,590 Mex$ 100,000
More amounts

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

Country Guides - Mexican Peso

 
MexicoMexico (MXN)
   

Malaysian Ringgit - Mexican Peso Forecasting

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

 

Mexican Peso (MXN)

The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

 

How to get Best MYR to MXN 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 MXN?

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

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

MYR/MXN ratePeriod
08 Sep 2020 : 5.24901 Week
16 Aug 2020 : 5.238130 Days
17 Jun 2020 : 5.224090 Days
16 Sep 2019 : 4.66421 Year
17 Sep 2015 : 3.92455 Years
18 Sep 2010 : 4.125210 Years

MYR/MXN 10 year historic rates

 

When is the best time to exchange MYR to MXN?

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