Compare Best CAD to MYR transfer 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.

CAD to MYR Market Data

Canadian dollar (CAD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell CAD → Buy MYR

1 CAD = 2.9878 MYR

90dLows◒

1d+0.2%▲

CAD to MYR at 2.9921 is 1.5% below its 3-month average of 3.0376, having traded in a very stable 3.9% range from 2.9868 to 3.1044

02-NOV 7PM-NY 03-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 MYR = 0.3347 CAD

Is the CAD 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 Canadian dollar against the Malaysian ringgit is to review how the CAD/MYR rate has changed over time.

The table below shows the percentage change in the CAD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	CAD/MYR	Change	Period
20 Oct 2025	3.0112	0.5% ▼	2 Week
05 Aug 2025	3.0678	2.4% ▼	3 Month
03 Nov 2024	3.1452	4.8% ▼	1 Year
04 Nov 2020	3.1750	5.7% ▼	5 Year
06 Nov 2015	3.2672	8.3% ▼	10 Year
08 Nov 2005	3.1738	5.6% ▼	20 Year

CAD/MYR historic rates & change to 03-Nov-2025

CAD is trading at around 2.9921 MYR, 1.5% lower than its 3-month avg of 3.0376 MYR, reflecting oil price volatility. Analysts suggest that with oil prices down and the Bank of Canada cutting rates, CAD may face more pressure. In contrast, MYR benefits from solid fundamentals and a trade surplus

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CAD 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 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	RM 2.9878
C$ 5	RM 14.94
C$ 10	RM 29.88
C$ 20	RM 59.76
C$ 50	RM 149.39
C$ 100	RM 298.78
C$ 250	RM 746.95
C$ 500	RM 1,494
C$ 1,000	RM 2,988
C$ 2,000	RM 5,976
C$ 5,000	RM 14,939
C$ 10,000	RM 29,878
C$ 20,000	RM 59,756
C$ 50,000	RM 149,390
C$ 100,000	RM 298,780

CAD	MYR
C$ 0.3347	RM 1
C$ 1.6735	RM 5
C$ 3.3470	RM 10
C$ 6.6940	RM 20
C$ 16.74	RM 50
C$ 33.47	RM 100
C$ 83.68	RM 250
C$ 167.35	RM 500
C$ 334.70	RM 1,000
C$ 669.40	RM 2,000
C$ 1,674	RM 5,000
C$ 3,347	RM 10,000
C$ 6,694	RM 20,000
C$ 16,735	RM 50,000
C$ 33,470	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 2.9728 from OFX . This is -0.5% compared to the mid-market rate 2.9878.

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 2.9728, -0.5% from the latest mid-market rate 2.9878.

The next best is XE at 2.9698, -0.6% from the mid-rate.

Then Wise at 2.9666, which is -0.71% from the mid-rate.

The Western Union rate is 2.9579 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 2.8061 at -6.1% and the Royal Bank of Canada rate is 2.8001 at -6.3% compared to the mid-rate 2.9878.

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.

Currency Forecasts related to CAD/MYR