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’.
AUD to MYR Market Data
Australian dollar (AUD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the AUD to MYR 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 Australian dollar against the Malaysian ringgit is to review how the AUD/MYR rate has changed over time.
The table below shows the percentage change in the AUD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
AUD/MYR
Change
Period
18 Jul 2025
2.7624
0.4% ▼
2 Week
03 May 2025
2.7524
0% ▼
3 Month
01 Aug 2024
2.9671
7.2% ▼
1 Year
02 Aug 2020
3.0292
9.1% ▼
5 Year
04 Aug 2015
2.8507
3.5% ▼
10 Year
06 Aug 2005
2.8842
4.6% ▼
20 Year
AUD/MYR historic rates & change to 01-Aug-2025
AUD/MYR update: Recently, the AUD hit a 6-wk low of 2.7424 MYR amid downward pressure from the Fed's rate decision and soft commodity prices. Analysts warn a lack of RBA rate cuts amidst global uncertainties may push AUD lower, while MYR is at risk from trade tensions & oil price volatility
@bestfxrates
AUD to MYR 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 Australian dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
The standard OFX AUD-MYR rate is 2.6603, -4% 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
Australian dollar (AUD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Aussie to Ringgit 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 AUD-MYR mid-rate and the possible savings of using various providers.
How do AUD-MYR rates compare between providers?
Looking at the full
AUD to MYR - Send Money comparison table the provider with the best AUD to MYR exchange rate is OFX at 2.7576, -0.5% from the latest mid-market rate 2.7715.
The next best is XE at 2.7548, -0.6% 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.