Compare Best MYR to ZAR transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to South Africa 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 South Africa bank accounts or pay a South African rand invoice.

MYR to ZAR Market Data

Malaysian ringgit (MYR) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy ZAR

1 MYR = 4.1661 ZAR

1d+0.1%▲

MYR to ZAR at 4.1579 is just 0.5% above its 3-month average of 4.136, having traded in a very stable 3.4% range from 4.0690 to 4.2077

06-NOV 7PM-NY 07-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 ZAR = 0.2400 MYR

Is the MYR to ZAR 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 South African rand is to review how the MYR/ZAR rate has changed over time.

The table below shows the percentage change in the MYR to ZAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	MYR/ZAR	Change	Period
24 Oct 2025	4.0862	2% ▲	2 Week
09 Aug 2025	4.1879	0.5% ▼	3 Month
07 Nov 2024	3.9373	5.9% ▲	1 Year
08 Nov 2020	3.7777	10.3% ▲	5 Year
10 Nov 2015	3.2839	26.9% ▲	10 Year
12 Nov 2005	1.7888	133% ▲	20 Year

MYR/ZAR historic rates & change to 07-Nov-2025

MYR to ZAR 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 South African rand 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	ZAR
RM 1	R 4.1661
RM 5	R 20.83
RM 10	R 41.66
RM 20	R 83.32
RM 50	R 208.31
RM 100	R 416.61
RM 250	R 1,042
RM 500	R 2,083
RM 1,000	R 4,166
RM 2,000	R 8,332
RM 5,000	R 20,831
RM 10,000	R 41,661
RM 20,000	R 83,322
RM 50,000	R 208,305
RM 100,000	R 416,610

MYR	ZAR
RM 0.2400	R 1
RM 1.2000	R 5
RM 2.4000	R 10
RM 4.8000	R 20
RM 12.00	R 50
RM 24.00	R 100
RM 60.00	R 250
RM 120.00	R 500
RM 240.00	R 1,000
RM 480.00	R 2,000
RM 1,200	R 5,000
RM 2,400	R 10,000
RM 4,800	R 20,000
RM 12,000	R 50,000
RM 24,000	R 100,000

More amounts

*Converted at the current MYR-ZAR 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 ZAR?

The best MYR to ZAR exchange rate is 4.1453 from OFX . This is -0.5% compared to the mid-market rate 4.1661.

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 South African rand (ZAR) rates from different sources before making a conversion.

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

How do MYR-ZAR rates compare between providers?

Looking at the full MYR to ZAR - Send Money comparison table the provider with the best MYR to ZAR exchange rate is OFX at 4.1453, -0.5% from the latest mid-market rate 4.1661.

The next best is Wise at 4.1411, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 3.9411 at -5.4% the OCBC Bank rate is 4.0203 at -3.5% and the Maybank rate is 4.0203 at -3.5% compared to the mid-rate 4.1661.

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.

Currency Forecasts related to MYR/ZAR