Compare Best MYR to NZD transfer rates

Compare Exchange Rates & Fees - Save Time & Money

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.

MYR to NZD Market Data

Malaysian ringgit (MYR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy NZD

1 MYR = 0.4169 NZD

1d0.0%⬦

MYR to NZD at 0.4145 is 2.3% above its 3-month average of 0.4053, having traded in a quite stable 5.0% range from 0.3950 to 0.4149

30-OCT 8PM-NY 31-OCT 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 NZD = 2.3989 MYR

Is the MYR to NZD 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 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
17 Oct 2025	0.4136	0.6% ▲	2 Week
02 Aug 2025	0.3954	5.3% ▲	3 Month
31 Oct 2024	0.3830	8.7% ▲	1 Year
01 Nov 2020	0.3649	14.1% ▲	5 Year
03 Nov 2015	0.3523	18.1% ▲	10 Year
05 Nov 2005	0.3867	7.6% ▲	20 Year

MYR/NZD historic rates & change to 31-Oct-2025

MYR to NZD 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 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	NZ$ 0.4169
RM 5	NZ$ 2.0845
RM 10	NZ$ 4.1690
RM 20	NZ$ 8.3380
RM 50	NZ$ 20.85
RM 100	NZ$ 41.69
RM 250	NZ$ 104.23
RM 500	NZ$ 208.45
RM 1,000	NZ$ 416.90
RM 2,000	NZ$ 833.80
RM 5,000	NZ$ 2,085
RM 10,000	NZ$ 4,169
RM 20,000	NZ$ 8,338
RM 50,000	NZ$ 20,845
RM 100,000	NZ$ 41,690

MYR	NZD
RM 2.3989	NZ$ 1
RM 11.99	NZ$ 5
RM 23.99	NZ$ 10
RM 47.98	NZ$ 20
RM 119.95	NZ$ 50
RM 239.89	NZ$ 100
RM 599.73	NZ$ 250
RM 1,199	NZ$ 500
RM 2,399	NZ$ 1,000
RM 4,798	NZ$ 2,000
RM 11,995	NZ$ 5,000
RM 23,989	NZ$ 10,000
RM 47,978	NZ$ 20,000
RM 119,945	NZ$ 50,000
RM 239,890	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.

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

The best MYR to NZD exchange rate is 0.4148 from OFX . This is -0.5% compared to the mid-market rate 0.4169.

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.

How do MYR-NZD rates compare between 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 0.4148, -0.5% from the latest mid-market rate 0.4169.

The next best is Wise at 0.4137, -0.77% from the mid-rate.

Among the banks the CIMB Bank rate is 0.3944 at -5.4% the OCBC Bank rate is 0.4023 at -3.5% and the Maybank rate is 0.4023 at -3.5% compared to the mid-rate 0.4169.

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.

Currency Forecasts related to MYR/NZD

MYR to NZD Transfers Compared

MYR-NZD Rate Calculator