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MYR to THB - Rate Guide

Malaysian Ringgit to Thai Baht exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 MYR = 7.5201 THB

   Sell MYR / Buy THB  Switch

MYR to THB - Trading Range (90 Day)
ALERT: 14-DAY LOWS 🔔 |
MYR/THB at 7.4953 is trading 1.6% above the 90-day average 7.3807 with a range 7.1401 to 7.6278. ALERT: MYR/THB has dropped to 14-DAY LOWS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Malaysian Ringgit to Thai Baht

MYR

THB

RM 1
฿ 7.5201
RM 5
฿ 37.60
RM 10
฿ 75.20
RM 20
฿ 150.40
RM 50
฿ 376.01
RM 100
฿ 752.01
RM 250
฿ 1,880
RM 500
฿ 3,760
RM 1,000
฿ 7,520
RM 2,000
฿ 15,040
RM 5,000
฿ 37,601
RM 10,000
฿ 75,201
RM 50,000
฿ 376,005
RM 100,000
฿ 752,010
More amounts

MYR

THB

RM 0.1330
฿ 1
RM 0.6650
฿ 5
RM 1.3300
฿ 10
RM 2.6600
฿ 20
RM 6.6500
฿ 50
RM 13.30
฿ 100
RM 33.25
฿ 250
RM 66.50
฿ 500
RM 133.00
฿ 1,000
RM 266.00
฿ 2,000
RM 665.00
฿ 5,000
RM 1,330
฿ 10,000
RM 6,650
฿ 50,000
RM 13,300
฿ 100,000
More amounts

To calculate specific MYR/THB amounts use our Convert MYR to THB quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for MYR/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

MYR to THB International Money Transfers

  

Foreign Transfer ProvidersReceive THB(฿)Exchange RateFee MYRTotal CostDeal Links
TransferWise logo
74,405 ฿7.4786RM510.61%
OFX logo
73,963 ฿7.39630 for BER users (normally $15)1.2%
Maybank International Money Transfers
Maybank logo
71,519 ฿7.2241RM1004.46%
OCBC Bank International Money Transfers
OCBC Bank logo
71,519 ฿7.2241RM1004.46%
United Overseas Bank International Money Transfers
United Overseas Bank logo
71,519 ฿7.2241RM1004.46%
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
71,033 ฿7.1504155.11%
HSBC logo
70,618 ฿7.0724RM155.67%
Citibank International Money Transfers
Citibank logo
69,990 ฿7.0074126.51%
 
TransferWise logo
TransferWise: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:7.4786 (0.1% from mid-rate)
To Amount (THB)74,405 ฿
Total Cost:0.61%
Time:1:08 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:7.3963 (1.2% from mid-rate)
To Amount (THB)73,963 ฿
Total Cost:1.2%
Difference:
฿442 THB less than using TransferWise
Time:
Rate Fetched: 1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:7.2241 (3.5% from mid-rate)
To Amount (THB)71,519 ฿
Total Cost:4.46%
Difference:
฿2,886 THB less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:7.2241 (3.5% from mid-rate)
To Amount (THB)71,519 ฿
Total Cost:4.46%
Difference:
฿2,886 THB less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:7.2241 (3.5% from mid-rate)
To Amount (THB)71,519 ฿
Total Cost:4.46%
Difference:
฿2,886 THB less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:7.1518 (4.47% from mid-rate)
To Amount (THB)71,033 ฿
Total Cost:5.11%
Difference:
฿3,372 THB less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:7.0724 (5.53% from mid-rate)
To Amount (THB)70,618 ฿
Total Cost:5.67%
Difference:
฿3,787 THB less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→THB
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:7.0074 (6.39% from mid-rate)
To Amount (THB)69,990 ฿
Total Cost:6.51%
Difference:
฿4,415 THB less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (MYR & THB)

MalaysiaMalaysia (MYR)ThailandThailand (THB)

MYR and THB in the Markets

When determining the best time to make a foreign exchange transaction, in this case the MYR vs THB, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.

 

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.


How to get Best MYR to THB 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.

What is a good MYR to THB exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the MYR to THB exchange rate to the present day for periods going back upto 10 years.

PeriodMYR/THBDate
1 Day7.524017 Feb 2020
7 Day7.551211 Feb 2020
30 Day7.497319 Jan 2020
3 Month7.248220 Nov 2019
1 Year7.649918 Feb 2019
5 Year8.978019 Feb 2015
10 Year9.726820 Feb 2010

When is the best time to exchange MYR to THB?

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 myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all MYR Exchange Rates