The TorFX AUD to MYR rate is 2.718. This is -0.75% below the mid-rate. Compare TorFX currency conversion rates - Reduce FX costs.
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The TorFX AUD to MYR exchange rate is 2.718. This is -0.75% compared to the latest AUD-MYR mid-market rate 2.7386.
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 TorFX Aussie to Ringgit comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by TorFX and other foreign exchange providers against the latest AUD-MYR mid-rate (see Market Data below ) and the possible savings of using various providers.
TorFX is a leading provider of foreign exchange services, offering very competitive currency exchange rates for international money transfers and an unrivalled personal service to private individuals and companies with a foreign currency exchange requirement. TorFX is based in the United Kingdom and Australia.
TorFX provides market best rates & service with no fees or bank charges on all transfers - talk directly to TorFX dealers or book & track your transfers online. TorFX have our highest level of customer satisfaction.
The TorFX UK team are based in London and Cornwall and process in excess of 3 billion Pounds in foreign exchange and international payments per annum. They are known for both the quality of their customer service and exchange rates.
The TorFX Australia team are based in Queensland and provide a great dedicated service and competitive exchange rates both when trading online and over the telephone.
TorFX ’s approach to customer service is what sets it apart from its competitors. Over and above the competitive pricing and the value for your money, it is the uncompromising service levels that make them stand apart.
Right from the initial query through each step of the transaction, TorFX ’s account managers get involved in understanding each customer requirement and executing it all to its completion. Every case is different and treated as such.
After you register with TorFX the steps to transfer are as follows:
1. TorFX will call you to verify your identity and set up your online account, you can then monitor the rate in real-time.
2. When you are ready to do your transfer you simply login into the TorFX website and enter the details (Currency, Amount & Beneficiary Account) and then transfer the FROM amount to the TorFX bank account.
3. TorFX then send the money to the beneficiary foreign currency account at much better rates than you would get using your own bank.
4. TorFX notifies you when the funds have been received into the destination account.
In the complex world of foreign exchange, handholding a customer and their transactions are of utmost importance. Treating every transfer as a relationship extends beyond getting the best exchange rate. Ensuring the transfer is done smoothly and satisfactorily, and effected in the set timeline and the client feedback taken have been standard steps in a TorFX relationship.
Australian dollar (AUD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | AUD/MYR | Change | Period |
|---|---|---|---|
13 May 2025 | 2.8080 | 2.8% ▼ | 2 Week |
26 Feb 2025 | 2.7927 | 2.3% ▼ | 3 Month |
27 May 2024 | 3.1262 | 12.7% ▼ | 1 Year |
28 May 2020 | 2.8855 | 5.4% ▼ | 5 Year |
30 May 2015 | 2.7966 | 2.4% ▼ | 10 Year |
01 Jun 2005 | 2.8449 | 4.1% ▼ | 20 Year |
Here are some popular conversion amounts for AUD to MYR (Australian dollar to Malaysian ringgit)*.
| AUD | MYR |
|---|---|
| A$ 1,000 | RM 2,739 |
| A$ 5,000 | RM 13,693 |
| A$ 20,000 | RM 54,772 |
| A$ 100,000 | RM 273,860 |
| AUD | MYR |
|---|---|
| A$ 365.20 | RM 1,000 |
| A$ 1,826 | RM 5,000 |
| A$ 7,304 | RM 20,000 |
| A$ 36,520 | RM 100,000 |
More amounts
*Converted at the current AUDMYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate between the Australian Dollar (AUD) and the Malaysian Ringgit (MYR) is currently influenced by recent geopolitical developments and domestic economic factors in both countries. Analysts point out that the Australian dollar has faced pressure following a dovish interest rate cut by the Reserve Bank of Australia (RBA), which has capped its upside potential despite a generally improving market mood. The AUD has traded within a stable range, currently positioned at 2.7362, which is about 1.3% below its three-month average of 2.7729. Market sentiment suggests that AUD may face further losses, particularly ahead of the release of Australia’s latest Purchasing Managers' Index (PMI), which is expected to indicate a modest slowdown in private sector growth.
Read our full review of recent AUD to MYR forecasts.
There are several ways to save on exchange rates when converting Australian dollar to Malaysian ringgit:
Generally speaking, if you are buying Malaysian ringgit with Australian dollar, then it's better for the AUD/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.
Read our Currency guide to Malaysia — a practical currency and money guide to travel in Malaysia plus living and doing business with the Malaysian ringgit.
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.
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 AUD/MYR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Australia (AUD) | Malaysia (MYR) |
The expat life in Malaysia can be quite comfortable, depending on where you live. Most expats live in urban areas like Kuala Lumpur, where they have access to international schools, western supermarkets, and hospitals. There are also many expat-friendly activities and events in the city.
There are several laws in Malaysia that foreigners should be aware of, such as the Sedition Act, the Communications and Multimedia Act, and the Official Secrets Act.
Doing business in Malaysia is relatively easy. The country has a well-developed infrastructure and a relatively business-friendly regulatory environment. Corruption is a problem, but it is not as prevalent as in some other countries in the region.
The economy in Malaysia is doing well. The country has a strong manufacturing sector, and its exports have been growing steadily. The government has been investing heavily in infrastructure and has been working to attract foreign investment. The unemployment rate is low, and the country has a relatively high level of economic freedom.
Read more at our Malaysia (MYR) country guide
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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