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MYR to THB Transfers Compared

MYR-THB Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Thailand 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 Thailand bank accounts or pay a Thai baht invoice.

 
   

MYR to THB Market Data

Malaysian ringgit (MYR) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

MYR to THB is at 14-day highs near 8.1042, just 0.6% below its 3-month average of 8.1499, having traded in a quite stable 4.4% range from 7.9442 to 8.2973
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Currency Forecasts related to MYR/THB

MYR to THB Exchange Rate Forecast & Outlook

Currently, MYR/THB is trading near its recent lows within a stable range, supported by risk-off sentiment and geopolitical concerns. Over the next few sessions, the pair may remain sensitive to shifts in...

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MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading close to 0.2417, at 90-day lows and below its 3-month average of 0.2509. The pair is supported by USD safe-haven demand amid geopolitical tensions and risk-off sentiment.

Read forecast

USD to THB Exchange Rate Forecast & Outlook

Currently, USD/THB is trading close to recent highs near 32.95, holding near the 7-day high and above its 3-month average of 32.54. The pair remains supported by the rate gap driven by the US Federal Reserve's...

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MYR/THB stock near recent lows at 7.9626, with a mild downside bias driven by global risk sentiment. Expect fluctuations within 7.8090–7.9630 over the next few sessions amid geopolitical tensions and risk-off flows. Transfers may become less favorable.

 

MYR to THB 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 Thai baht 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 THB
RM 1 ฿ 8.1625
RM 5 ฿ 40.81
RM 10 ฿ 81.63
RM 20 ฿ 163.25
RM 50 ฿ 408.13
RM 100 ฿ 816.25
RM 250 ฿ 2,041
RM 500 ฿ 4,081
RM 1,000 ฿ 8,163
RM 2,000 ฿ 16,325
RM 5,000 ฿ 40,813
RM 10,000 ฿ 81,625
RM 20,000 ฿ 163,250
RM 50,000 ฿ 408,125
RM 100,000 ฿ 816,250
MYR THB
RM 0.1225 ฿ 1
RM 0.6125 ฿ 5
RM 1.2250 ฿ 10
RM 2.4500 ฿ 20
RM 6.1250 ฿ 50
RM 12.25 ฿ 100
RM 30.63 ฿ 250
RM 61.25 ฿ 500
RM 122.50 ฿ 1,000
RM 245.00 ฿ 2,000
RM 612.50 ฿ 5,000
RM 1,225 ฿ 10,000
RM 2,450 ฿ 20,000
RM 6,125 ฿ 50,000
RM 12,250 ฿ 100,000

More amounts

*Converted at the current MYR-THB 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 THB?

The best MYR to THB exchange rate is 8.1217 from OFX . This is -0.5% compared to the mid-market rate 8.1625.

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 Thai baht (THB) rates from different sources before making a conversion.

The above Ringgit to Baht 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-THB mid-rate and the possible savings of using various providers. 

How do MYR-THB rates compare between providers?

Looking at the full MYR to THB - Send Money comparison table the provider with the best MYR to THB exchange rate is OFX at 8.1217, -0.5% from the latest mid-market rate 8.1625.

The next best is Wise at 8.1135, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 7.9095 at -3.1% the OCBC Bank rate is 7.8768 at -3.5% and the Maybank rate is 7.8768 at -3.5% compared to the mid-rate 8.1625.

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: