The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET 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 = 4.1744 ZAR
▼-0.2%
MYR to ZAR at 4.1944 is 1.2% below its 3-month average of 4.2469, having traded in a quite stable 5.8% range from 4.1626 to 4.4037
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
18 Jun 2025
4.2405
1.4% ▼
2 Week
03 Apr 2025
4.2218
1% ▼
3 Month
02 Jul 2024
3.9437
6% ▲
1 Year
03 Jul 2020
3.9684
5.3% ▲
5 Year
05 Jul 2015
3.2805
27.4% ▲
10 Year
07 Jul 2005
1.8016
132% ▲
20 Year
MYR/ZAR historic rates & change to 02-Jul-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 * :
The standard OFX MYR-ZAR rate is 4.028296, -3.5% from the mid-rate. Visit OFX here to secure the better rate.
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 4.1535, -0.5% from the latest mid-market rate 4.1744.
The next best is Wise at 4.1452, -0.7% from the mid-rate.
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.