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 SBD Market Data
Malaysian ringgit (MYR) to Solomon Islands dollar (SBD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MYR →
Buy SBD
1 MYR = 1.9605 SBD
▼-0.1% since yesterday
14d-lows
MYR to SBD is at 14-day lows near 1.9586, just 0.5% above its 3-month average of 1.949, having traded in a quite stable 5.6% range from 1.8805 to 1.9862
Is the MYR to SBD 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 Solomon Islands dollar is to review how the MYR/SBD rate has changed over time.
The table below shows the percentage change in the MYR to SBD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/SBD
Change
Period
07 Jul 2023
1.7910
2.3% ▲
2 Week
22 Apr 2023
1.8702
2.1% ▼
3 Month
21 Jul 2022
1.8275
0.2% ▲
1 Year
22 Jul 2018
1.9417
5.7% ▼
5 Year
23 Jul 2013
2.2317
17.9% ▼
10 Year
26 Jul 2003
1.9290
5% ▼
20 Year
MYR/SBD historic rates & change to 21-Jul-2023
MYR to SBD 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 Solomon Islands 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 * :
What is the
best Send Money conversion rate for MYR to SBD?
The best MYR to SBD exchange rate is 1.9468 from Wise. This is -0.7% compared to the mid-market rate 1.9605.
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 Solomon Islands dollar (SBD) rates from different sources before making a conversion.
The above
Ringgit to Solomon Islands dollar 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-SBD mid-rate and the possible savings of using various providers.
How do MYR-SBD rates compare between providers?
Looking at the full
MYR to SBD - Send Money comparison table the provider with the best MYR to SBD exchange rate is Wise at 1.9468, -0.7% from the latest mid-market rate 1.9605.
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.