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Maybank MYR to USD Transfers Compared

MYR-USD Rate Calculator

 
 
   
   
   
   
   
 

Compare Maybank Exchange Rates & Fees - Save Time & Money

 

Our Maybank MYR 10000 to USD rate is 0.2432. This is -3.5% below the mid-rate.

 
 
   

MYR to USD Market Data

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

90-day market context

MYR to USD at 0.2520 is just below its 3-month average, having traded in a quite stable 4.2% range from 0.2470 to 0.2573
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Currency Forecasts related to MYR/USD

MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading near the 3-month average, holding just below recent lows. The pair is under pressure from US rate hikes and risk-off sentiment.

Read forecast

MYR to EUR Exchange Rate Forecast & Outlook

Currently, MYR/EUR is trading near the 3-month average at 0.2171, holding within its recent range. Risk-off conditions, driven by high geopolitical and macroeconomic uncertainty affecting EUR, support a cautious stance.

Read forecast

MYR to JPY Exchange Rate Forecast & Outlook

Currently, MYR/JPY is trading near its 3-month average within a range from 39.22 to 40.83. The pair remains supported by a risk-neutral environment and no clear directional move from risk sentiment.

Read forecast

MYR/USD hovers near 0.2520 with a mild downside bias, influenced by US rate hikes and risk-off sentiment. Expect the pair to stay within 0.2430-0.2520 in the near term, with potential for US dollar strength if US inflation surprises persist.

 

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 * :

MYR USD
RM 1 $ 0.2520
RM 5 $ 1.2600
RM 10 $ 2.5200
RM 20 $ 5.0400
RM 50 $ 12.60
RM 100 $ 25.20
RM 250 $ 63.00
RM 500 $ 126.00
RM 1,000 $ 252.00
RM 2,000 $ 504.00
RM 5,000 $ 1,260
RM 10,000 $ 2,520
RM 20,000 $ 5,040
RM 50,000 $ 12,600
RM 100,000 $ 25,200
MYR USD
RM 3.9679 $ 1
RM 19.84 $ 5
RM 39.68 $ 10
RM 79.36 $ 20
RM 198.40 $ 50
RM 396.79 $ 100
RM 991.98 $ 250
RM 1,984 $ 500
RM 3,968 $ 1,000
RM 7,936 $ 2,000
RM 19,840 $ 5,000
RM 39,679 $ 10,000
RM 79,358 $ 20,000
RM 198,395 $ 50,000
RM 396,790 $ 100,000

More amounts

*Converted at the current MYR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the Maybank Send Money conversion rate for MYR to USD?

The Maybank MYR to USD exchange rate is 0.2432. This is -3.5% compared to the latest MYR-USD mid-market rate 0.2520.

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 Maybank - Ringgit to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank and other foreign exchange providers against the latest MYR-USD mid-rate and the possible savings of using various providers. 

How do Maybank 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 0.2508, -0.48% from the latest mid-market rate 0.2520.

The next best is Wise at 0.2505, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2442 at -3.1% the OCBC Bank rate is 0.2432 at -3.5% and the Maybank rate is 0.2432 at -3.5% compared to the mid-rate 0.2520.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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: