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Best MYR to THB Exchange Rates Compared Live

The best MYR to THB exchange rate is 7.7034. Compare foreign transfer and currency exchange rates, find better rates & deals.

MYR-THB Best Exchange Rate Calculator
 

Comparing MYR-THB exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Malaysian ringgit (MYR) to Thai baht (THB) rates from different sources before making a conversion.

The above Ringgit to Baht comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest MYR-THB mid-rate (see below) and the possible savings of using another provider.

 
 

MYR to THB Market Data

Malaysian ringgit (MYR) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 MYR =
7.7034We compare provider deals to this wholesale mid-market rate. Read more
THB
-0.0%
📈3M
MYR to THB at 7.6930 is 2.0% above its 3-month average of 7.5453, having traded in a very stable 3.9% range from 7.4139 to 7.7014
|
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  1 THB = 0.1298 MYR
DateMYR/THBChangePeriod
13 Mar 2024
7.6016
1.1% â–²2 Week
28 Dec 2023
7.4444
3.3% â–²3 Month
28 Mar 2023
7.7657
1% â–¼1 Year
29 Mar 2019
7.7688
1% â–¼5 Year
30 Mar 2014
9.9411
22.7% â–¼10 Year
01 Apr 2004
10.31
25.4% â–¼20 Year
MYR/THB historic rates & change to 27-Mar-2024
 

What are equivalent amounts of MYR and THB?

Here are some popular conversion amounts for MYR to THB (Malaysian ringgit to Thai baht)*.

MYR THB
RM 1 ฿ 7.7034
RM 5 ฿ 38.52
RM 10 ฿ 77.03
RM 20 ฿ 154.07
RM 50 ฿ 385.17
RM 100 ฿ 770.34
RM 250 ฿ 1,926
RM 500 ฿ 3,852
RM 1,000 ฿ 7,703
RM 2,000 ฿ 15,407
RM 5,000 ฿ 38,517
RM 10,000 ฿ 77,034
RM 20,000 ฿ 154,068
RM 50,000 ฿ 385,170
RM 100,000 ฿ 770,340
MYR THB
RM 0.1298 ฿ 1
RM 0.6490 ฿ 5
RM 1.2980 ฿ 10
RM 2.5960 ฿ 20
RM 6.4900 ฿ 50
RM 12.98 ฿ 100
RM 32.45 ฿ 250
RM 64.90 ฿ 500
RM 129.80 ฿ 1,000
RM 259.60 ฿ 2,000
RM 649.00 ฿ 5,000
RM 1,298 ฿ 10,000
RM 2,596 ฿ 20,000
RM 6,490 ฿ 50,000
RM 12,980 ฿ 100,000

More amounts

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

 
 

Forecasts for MYR to THB

 

Based on recent FX analyst forecasts and currency market updates, the Malaysian Ringgit (MYR) is anticipated to face some pressure against the Thai Baht (THB) in the near term. FX analysts have offered a mixed outlook for the MYR, with concerns over potential weakening against a strong USD. Societe Generale even goes as far as to predict the USD/MYR pair trending higher, possibly towards 4.95. Maybank also echoes this sentiment, expecting the MYR to be under pressure with intermittent bounces. On the other hand, the THB remains relatively weak, offering good value for visitors as Thailand eases border controls, leading to a rebound in global travel. As both Malaysia and Thailand are significant oil producers in Asia, their currencies can be influenced by oil price movements, which have been experiencing volatility recently.

Read our full review of recent MYR to THB forecasts.

 

How to get a good MYR to THB exchange rate

There are several ways to save on exchange rates when converting Malaysian ringgit to Thai baht:

  1. Shop around for the best MYR/THB exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the MYR/THB rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and THB at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Thai baht with Malaysian ringgit, then it's better for the MYR/THB exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Malaysian ringgit rise against the Thai baht?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MYR/THB to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Thailand - a practical currency and money guide to travel, living and doing business in Thailand with the Thai baht.

 
 
 

Currency Country Guides

MalaysiaMalaysia (MYR)ThailandThailand (THB)
   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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