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MYR to NZD - Compare Rates

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

 
 

Latest interbank rate (wholesale):

1 MYR = 0.3594 NZD

Sell MYR / Buy NZD 


MYR/NZD - Trend & Alerts

MYR/NZD at 0.3593 is near its 90-DAY average, range 0.3518 - 0.367 .
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1-DAY0.8% 14-DAY-LOW
 
 

Comparing MYR NZD 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 NZ Dollar - Quick Conversions

MYR NZD
RM 1 NZ$ 0.3594
RM 5 NZ$ 1.7970
RM 10 NZ$ 3.5940
RM 20 NZ$ 7.1880
RM 50 NZ$ 17.97
RM 100 NZ$ 35.94
RM 250 NZ$ 89.85
RM 500 NZ$ 179.70
RM 1,000 NZ$ 359.40
RM 2,000 NZ$ 718.80
RM 5,000 NZ$ 1,797
RM 10,000 NZ$ 3,594
RM 50,000 NZ$ 17,970
RM 100,000 NZ$ 35,940
More amounts
MYR NZD
RM 2.7825 NZ$ 1
RM 13.91 NZ$ 5
RM 27.83 NZ$ 10
RM 55.65 NZ$ 20
RM 139.13 NZ$ 50
RM 278.25 NZ$ 100
RM 695.63 NZ$ 250
RM 1,391 NZ$ 500
RM 2,783 NZ$ 1,000
RM 5,565 NZ$ 2,000
RM 13,913 NZ$ 5,000
RM 27,825 NZ$ 10,000
RM 139,125 NZ$ 50,000
RM 278,250 NZ$ 100,000
More amounts

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

Country Guides - NZ Dollar

 
New ZealandNew Zealand (NZD)Cook IslandsCook Islands (NZD)NiueNiue (NZD)
PitcairnPitcairn (NZD)TokelauTokelau (NZD)
   

Malaysian Ringgit - NZ Dollar Forecasting

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

 

NZ Dollar (NZD)

Although New Zealand has nearly eliminated COVID-19 and wound back restrictions, its international borders are likely to be closed until 2021. This means the economy will be slower to rebound as its reliance on tourism outweighs that of major counterparts. Despite the New Zealand economy’s reliance on tourism, the NZD has been well supported by positive risk sentiment, higher NZ–US short term yields and robust commodity prices.

Read more in the article NZD Forecasts.

 

How to get Best MYR to NZD 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 NZD?

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

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

MYR/NZD ratePeriod
08 Sep 2020 : 0.36291 Week
16 Aug 2020 : 0.364730 Days
17 Jun 2020 : 0.362590 Days
16 Sep 2019 : 0.37841 Year
17 Sep 2015 : 0.37135 Years
18 Sep 2010 : 0.443410 Years

MYR/NZD 10 year historic rates

 

When is the best time to exchange MYR to NZD?

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