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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’.
Sending money to New Zealand can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to New Zealand bank accounts or pay a New Zealand dollar invoice.
Malaysian ringgit (MYR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
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 New Zealand dollar is to review how the MYR/NZD rate has changed over time.
The table below shows the percentage change in the MYR to NZD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MYR/NZD | Change | Period |
|---|---|---|---|
27 Jun 2025 | 0.3904 | 0.1% ▼ | 2 Week |
12 Apr 2025 | 0.3881 | 0.5% ▲ | 3 Month |
11 Jul 2024 | 0.3497 | 11.6% ▲ | 1 Year |
12 Jul 2020 | 0.3566 | 9.4% ▲ | 5 Year |
14 Jul 2015 | 0.3916 | 0.4% ▼ | 10 Year |
16 Jul 2005 | 0.3906 | 0.1% ▼ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in New Zealand dollar 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 | NZD |
|---|---|
| RM 1,000 | NZ$ 390.30 |
| RM 5,000 | NZ$ 1,952 |
| RM 20,000 | NZ$ 7,806 |
| RM 100,000 | NZ$ 39,030 |
| MYR | NZD |
|---|---|
| RM 2,562 | NZ$ 1,000 |
| RM 12,812 | NZ$ 5,000 |
| RM 51,246 | NZ$ 20,000 |
| RM 256,230 | NZ$ 100,000 |
More amounts
*Converted at the current MYR-NZD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MYR to NZD exchange rate is our partner deal rate of 0.3883 from OFX . This is -0.51% compared to the mid-market rate 0.3903.
The standard OFX MYR-NZD rate is 0.3766395, -3.5% from the mid-rate. Visit OFX here to secure the better rate.
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 New Zealand dollar (NZD) rates from different sources before making a conversion.
The above Ringgit to Kiwi 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-NZD mid-rate and the possible savings of using various providers.
Looking at the full MYR to NZD - Send Money comparison table the provider with the best MYR to NZD exchange rate is OFX at 0.3883, -0.51% from the latest mid-market rate 0.3903.
The next best is Wise at 0.3875, -0.72% from the mid-rate.
Then WorldRemit at 0.3844, which is -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 0.3692 at -5.4% the OCBC Bank rate is 0.3766 at -3.5% and the Maybank rate is 0.3766 at -3.5% compared to the mid-rate 0.3903.
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.
View a full list of exchange rates by selecting your Base (from) currency:
