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THB to MYR - Rate Guide

Thai Baht to Malaysian Ringgit exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 THB = 0.1329 MYR

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THB to MYR - Trading Range (90 Day)
14-DAY HIGH (4d)
THB/MYR at 0.1328 is trading 2.1% below the 90-day average 0.1356 with a range 0.1311 to 0.1401. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Thai Baht to Malaysian Ringgit

THB

MYR

฿ 1
RM 0.1329
฿ 5
RM 0.6645
฿ 10
RM 1.3290
฿ 20
RM 2.6580
฿ 50
RM 6.6450
฿ 100
RM 13.29
฿ 250
RM 33.23
฿ 500
RM 66.45
฿ 1,000
RM 132.90
฿ 2,000
RM 265.80
฿ 5,000
RM 664.50
฿ 10,000
RM 1,329
฿ 50,000
RM 6,645
฿ 100,000
RM 13,290
More amounts

THB

MYR

฿ 7.5225
RM 1
฿ 37.61
RM 5
฿ 75.23
RM 10
฿ 150.45
RM 20
฿ 376.13
RM 50
฿ 752.25
RM 100
฿ 1,881
RM 250
฿ 3,761
RM 500
฿ 7,523
RM 1,000
฿ 15,045
RM 2,000
฿ 37,613
RM 5,000
฿ 75,225
RM 10,000
฿ 376,125
RM 50,000
฿ 752,250
RM 100,000
More amounts

To calculate specific THB/MYR amounts use our Convert THB to MYR quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for THB/MYR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

THB to MYR International Money Transfers

  

Foreign Transfer ProvidersReceive MYR(RM)Exchange RateFee THBTotal CostDeal Links
WorldRemit logo
Your amount above the WorldRemit THB2000 maximum
 
WorldRemit logo
WorldRemit: Foreign Transfer THB→MYR
From Amount (THB)฿10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/17/2020 - View latest rates

Country Guides (THB & MYR)

MalaysiaMalaysia (MYR)ThailandThailand (THB)

THB and MYR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the THB vs MYR, you should pay attention to the recent market trends for both currencies.

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

 

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.


How to get Best THB to MYR Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

When is the best time to exchange THB to MYR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic THB/MYR exchange rate over longer periods.

THB/MYR - Historical Rates

PeriodTHB/MYRDate
1 Day0.132510 Feb 2020
7 Day0.132604 Feb 2020
30 Day0.134912 Jan 2020
3 Month0.137313 Nov 2019
1 Year0.129711 Feb 2019
5 Year0.110212 Feb 2015
10 Year0.103013 Feb 2010

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