MYR to USD Market Data
Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
0.2450 – 0.2560
🌍 Global risk sentiment
⚪ Range-bound
90-day market context
Currency Forecasts related to MYR/USD
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.
MYR to EUR Exchange Rate Forecast & Outlook
Currently, MYR/EUR is trading close to its 90-day lows near 0.2106, below its 3-month average of 0.2156. The pair is supported by risk-off sentiment and safe-haven flows, which tend to pressure risk-sensitive...
MYR to JPY Exchange Rate Forecast & Outlook
Currently, MYR/JPY is trading close to 90-day lows near 38.98, which is below the 3-month average. Risk sentiment remains the dominant driver, with safe-haven flows pressuring the pair.
MYR to USD 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 US 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 * :
*Converted at the current MYR-USD 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 USD?
The best MYR to USD exchange rate is 0.2434 from OFX . This is -0.49% compared to the mid-market rate 0.2446.
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 US dollar (USD) rates from different sources before making a conversion.
The above Ringgit to 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-USD mid-rate and the possible savings of using various providers.
How do MYR-USD rates compare between providers?
Looking at the full MYR to USD - Send Money comparison table the provider with the best MYR to USD exchange rate is OFX at 0.2434, -0.49% from the latest mid-market rate 0.2446.
The next best is Wise at 0.2432, -0.57% from the mid-rate.
Among the banks the CIMB Bank rate is 0.237 at -3.1% the OCBC Bank rate is 0.2361 at -3.5% and the Maybank rate is 0.2361 at -3.5% compared to the mid-rate 0.2446.
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.