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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Malaysia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.
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:
The recent trading sessions for the Australian dollar (AUD) have been characterized by mixed performance, influenced by fluctuations in risk appetite and market dynamics.
The USD to MYR exchange rate has shown significant movements, particularly as the US dollar softens due to expectations of aggressive interest rate cuts by...
AUD/MYR is currently at 2.7156, 0.5% below its 3-month avg. Analysts note the AUD's recent volatility due to a weakening USD and rising commodity prices, while MYR strengthens from Malaysia's economic growth and stable policy rates. Watch for commodity trends as they impact both currencies
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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 2.702 from OFX . This is -0.5% compared to the mid-market rate 2.7156.
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 2.702, -0.5% from the latest mid-market rate 2.7156.
The next best is XE at 2.6993, -0.6% from the mid-rate.
Then Wise at 2.698, which is -0.65% 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.
View a full list of exchange rates by selecting your Base (from) currency: