Rate direction
Canadian dollar to Malaysian ringgit · CAD/MYR trend
Review the recent market direction, current mid-market rate and significant movement alerts.
CAD/MYR exchange rate
90-day market context
CAD to MYR at 2.9319 is 1.3% above its 3-month average of 2.8937, having traded in a very stable 2.5% range from 2.8636 to 2.9341
Quick CAD/MYR forecast
Currency Forecasts related to CAD/MYR
CAD to MYR Exchange Rate Forecast & Outlook
Currently, CAD/MYR is trading close to its recent high near 2.932, supported by the pair trading within its recent range. The dominant driver remains uncertain, with no clear fundamental catalyst prompting a strong move.
CAD to MYR Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
| CAD | MYR |
|---|---|
| C$ 1,000 | RM 2,935 |
| C$ 5,000 | RM 14,673 |
| C$ 20,000 | RM 58,690 |
| C$ 100,000 | RM 293,450 |
| CAD | MYR |
|---|---|
| C$ 340.80 | RM 1,000 |
| C$ 1,704 | RM 5,000 |
| C$ 6,816 | RM 20,000 |
| C$ 34,080 | RM 100,000 |
More amounts
*Converted at the current CAD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for CAD to MYR?
The best CAD to MYR exchange rate is 2.9199 from OFX . This is -0.5% compared to the mid-market rate 2.9345.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above Loonie 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 CAD-MYR mid-rate and the possible savings of using various providers.
How do CAD-MYR rates compare between providers?
Looking at the full CAD to MYR - Send Money comparison table the provider with the best CAD to MYR exchange rate is OFX at 2.9199, -0.5% from the latest mid-market rate 2.9345.
The next best is XE at 2.9169, -0.6% from the mid-rate.
Then Wise at 2.9148, which is -0.67% from the mid-rate.
The Western Union rate is 2.8905 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 2.8323 at -3.5% and the Royal Bank of Canada rate is 2.8265 at -3.7% compared to the mid-rate 2.9345.
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.