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.
AUD/MYR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average, yet lacks a clear driver for significant movement.
AUD/USD Outlook: Slightly positive, but likely to move sideways, given the rate is above its recent average and near recent highs with no clear, immediate driver.
AUD/MYR Outlook: Slightly positive but likely to trade sideways. Key drivers: • RBA considering rate hikes vs. BNM stable • Oil price strength supports MYR. Range: Expect stability within recent 3-month levels. Upside risk: Chinese demand boost; Downside: Oil price drop could pressure MYR
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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 * :
What is the
best Send Money conversion rate for AUD to MYR?
The best AUD to MYR exchange rate is 2.7497 from OFX . This is -0.5% compared to the mid-market rate 2.7635.
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 2.7497, -0.5% from the latest mid-market rate 2.7635.
The next best is Wise at 2.748, -0.56% from the mid-rate.
Then XE at 2.7469, which is -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.