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    USD to MYR Exchange Rates

    Compare & Save on US dollar to Malaysian ringgit FX rates - Check USD/MYR Trends and Forecasts.

     
    1 USD =
    4.4090We compare provider deals to this wholesale mid-market rate. Read more
    MYR
    USD to MYR at 4.4080 is 1.3% above its 90-day average 4.3507 with range 4.2105-4.4225.
    |
    Sell USD   →   Buy MYR
    Track Rate

    14-DAYHIGH
     

    The Malaysian ringgit has remained below 24 US cents since the end of 2021 as a firmer US dollar kept Asian currencies subdued while escalating woes due to the Russian invasion of Ukraine switched markets to safe haven mode.

     MYR Outlook

    DateUSD/MYRChangePeriod
    16 Jun 2022
    4.4025
    0.1% 2 Week
    01 Apr 2022
    4.2105
    4.7% 3 Month
    30 Jun 2021
    4.1515
    6.2% 1 Year
    01 Jul 2017
    4.2935
    2.7% 5 Year
    02 Jul 2012
    3.1627
    39.4% 10 Year
    05 Jul 2002
    3.8014
    15.9% 20 Year
    USD/MYR change over periods to 30-Jun-2022

    USD to MYR - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     
    Compare Transfer Rates : Send $10,000 USD → Receive MYR
    ProviderReceive MYRUSD/MYR RateCost
    OFX
    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.
     
    See details
    10,000 USD =
    43,634 MYR
    Up to 2,418 MYR more
    1%
    See details
    4.36341%
    HSBC
     
    See details
    10,000 USD =
    42,887 MYR
    Get RM747 less
    2.7%
    See details
    4.29732.7%
    Western Union
     
    See details
    10,000 USD =
    42,709 MYR
    Get RM925 less
    3.1%
    See details
    4.27093.1%
    Paypal
    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.
     
    See details
    10,000 USD =
    42,224 MYR
    Get RM1,410 less
    4.2%
    See details
    4.22244.2%
    Chase Bank
    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.
     
    See details
    10,000 USD =
    41,814 MYR
    Get RM1,820 less
    5.13%
    See details
    4.18145.13%
    Wells Fargo Bank
    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.
     
    See details
    10,000 USD =
    41,782 MYR
    Get RM1,852 less
    5.2%
    See details
    4.18575.2%
    SHOW ALL
     
    10,000 USD =
    41,689 MYR
    Get RM1,945 less
    5.41%
    4.17995.41%
     Average Bank Rate 
    Bank of America
    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.
     
    See details
    10,000 USD =
    41,561 MYR
    Get RM2,073 less
    5.7%
    See details
    4.16865.7%
    U.S. Bank
     
    See details
    10,000 USD =
    41,518 MYR
    Get RM2,116 less
    5.8%
    See details
    4.16435.8%
    Citibank
     
    See details
    10,000 USD =
    41,380 MYR
    Get RM2,254 less
    6.11%
    See details
    4.1436.11%
    Deutsche Bank
     
    See details
    10,000 USD =
    41,353 MYR
    Get RM2,281 less
    6.18%
    See details
    4.17716.18%
    CIBC
    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See details
    10,000 USD =
    41,216 MYR
    Get RM2,418 less
    6.49%
    See details
    4.12166.49%
     
    ProviderOFX
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM43,634
    Exchange Rate1USD = 4.3634 MYR (1MYR = 0.2292USD)
    Rate Margin1%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    1%
    Transfer Speed1-2 days
    Rate Retrieved02:03 Local - BER

    No fees on all your OFX transfers

    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.

     
    Submit a Rate forOFX to improve our service.
     
    ProviderHSBC
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM42,887
    Exchange Rate1USD = 4.2973 MYR (1MYR = 0.2327USD)
    Rate Margin2.5%
    Other Fees$20
    Total Cost
    (Rate Margin + Fees)
    2.7%
    Difference
    Get RM747 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER
     
    Submit a Rate forHSBC to improve our service.
     
    ProviderWestern Union
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM42,709
    Exchange Rate1USD = 4.2709 MYR (1MYR = 0.2341USD)
    Rate Margin3.1%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    3.1%
    Difference
    Get RM925 MYR less than withOFX
    Transfer Speed1-2 days
    Rate Retrieved02:03 Local - BER
     
    Submit a Rate forWestern Union to improve our service.
     
    ProviderPaypal
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM42,224
    Exchange Rate1USD = 4.2224 MYR (1MYR = 0.2368USD)
    Rate Margin4.2%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    4.2%
    Difference
    Get RM1,410 MYR less than withOFX
    Transfer Speed1-2 days
    BER Rating2/5.0
    Rate Retrieved02:03 Local - BER

    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.

     
    Submit a Rate forPaypal to improve our service.
     
    ProviderChase Bank
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,814
    Exchange Rate1USD = 4.1814 MYR (1MYR = 0.2392USD)
    Rate Margin5.13%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    5.13%
    Difference
    Get RM1,820 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER

    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.

     
    Submit a Rate forChase Bank to improve our service.
     
    ProviderWells Fargo Bank
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,782
    Exchange Rate1USD = 4.1857 MYR (1MYR = 0.2389USD)
    Rate Margin5.03%
    Other Fees$18
    Total Cost
    (Rate Margin + Fees)
    5.2%
    Difference
    Get RM1,852 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER

    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate forWells Fargo Bank to improve our service.
     
    ProviderComparison Rate
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,689
    Exchange Rate1USD = 4.2284 MYR (1MYR = 0.2365USD)
    Rate Margin4.06%
    Total Cost
    (Rate Margin + Fees)
    5.41%
    Difference
    Get RM1,945 MYR less than withOFX
     
    ProviderBank of America
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,561
    Exchange Rate1USD = 4.1686 MYR (1MYR = 0.2399USD)
    Rate Margin5.42%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    5.7%
    Difference
    Get RM2,073 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER

    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate forBank of America to improve our service.
     
    ProviderU.S. Bank
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,518
    Exchange Rate1USD = 4.1643 MYR (1MYR = 0.2401USD)
    Rate Margin5.52%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    5.8%
    Difference
    Get RM2,116 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER
     
    Submit a Rate forU.S. Bank to improve our service.
     
    ProviderCitibank
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,380
    Exchange Rate1USD = 4.1430 MYR (1MYR = 0.2414USD)
    Rate Margin6%
    Other Fees$12
    Total Cost
    (Rate Margin + Fees)
    6.11%
    Difference
    Get RM2,254 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER
     
    Submit a Rate forCitibank to improve our service.
     
    ProviderDeutsche Bank
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,353
    Exchange Rate1USD = 4.1771 MYR (1MYR = 0.2394USD)
    Rate Margin5.23%
    Other Fees$100.00 USD (1%)
    Total Cost
    (Rate Margin + Fees)
    6.18%
    Difference
    Get RM2,281 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER
     
    Submit a Rate forDeutsche Bank to improve our service.
     
    ProviderCIBC
    FX TypeForeign Transfer USD→MYR
    From Amount (USD) $10,000
    To Amount (MYR) RM41,216
    Exchange Rate1USD = 4.1216 MYR (1MYR = 0.2426USD)
    Rate Margin6.49%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    6.49%
    Difference
    Get RM2,418 MYR less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved02:03 Local - BER

    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate forCIBC to improve our service.
     
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    Cost % is Provider Rate Margin vs Mid-rate + Fees

    USD/MYR=4.4075
    14-DAYHIGH
    USDMYR chart
    My Rates
    USD/MYR Mid-rate Calculator
    * This table compares FX rates & fees of selected FX specialists and banks for USD to MYR International Money Transfers. Providers must be well established, reputable and regulated in the US as licensed money transmitters. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.
     

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest USD to MYR Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       

    Country Guides - US dollar & Malaysian ringgit

     
    United StatesUnited States (USD)MalaysiaMalaysia (MYR)
       
     

    How to get a good USD to MYR Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    Generally speaking, if you are buying Malaysian ringgit with US dollar, then it's good for the USD/MYR 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Malaysia.

     

    Will the US dollar rise against the Malaysian ringgit?

    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 USD/MYR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.