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MYR to USD Market Data
Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MYR to USD 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 Malaysian ringgit against the US dollar is to review how the MYR/USD rate has changed over time.
The table below shows the percentage change in the MYR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/USD
Change
Period
16 Dec 2025
0.2448
0.8% ▲
2 Week
01 Oct 2025
0.2377
3.8% ▲
3 Month
30 Dec 2024
0.2240
10.1% ▲
1 Year
31 Dec 2020
0.2469
0.1% ▼
5 Year
02 Jan 2016
0.2326
6.1% ▲
10 Year
04 Jan 2006
0.2650
6.9% ▼
20 Year
MYR/USD historic rates & change to 30-Dec-2025
The current market bias for the USD to MYR exchange rate is bearish.
Key drivers influencing this trend include anticipated interest rate cuts by the Federal Reserve, which could weaken the USD’s yield appeal. Malaysia shows a strong economic outlook with robust GDP growth and fiscal reforms, supporting the MYR's appreciation. Efforts by ASEAN to reduce reliance on the USD may further bolster the MYR as local currencies gain traction in cross-border transactions.
In the near term, the USD to MYR exchange rate is expected to trade within a narrower range due to a recent decline of 2.3% from its three-month average. An upside risk could arise from unexpectedly strong U.S. economic indicators, especially if consumer sentiment improves significantly. Conversely, a downside risk may stem from ongoing global moves toward de-dollarization, which could hasten the USD's decline.
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Bearish trends for USD to MYR: Fed rate cuts expected to weaken USD while Malaysia's strong GDP supports MYR. Cross-border reliance on local currencies may grow. Expect tighter trading range ahead. Upside risk from strong U.S. data, downside from de-dollarization
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MYR to USD 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 Malaysian ringgit are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar current value is to look the USD performance against a range of other currencies over various time periods.
The following table looks at the performance of the USD exchange rate against selections of other currencies over time periods from the previous 2 days back to the last 5 years.
Popular Rates (A - Z)
United Arab Emirates dirham to Indian rupee
AED to INR is at 7-day highs near 24.48, just 0.9% above its 3-month average of 24.26, having traded in a very stable 3.6% range from 23.89 to 24.75
AUD to NZD is at 30-day highs near 1.1530, just 0.8% above its 3-month average of 1.1441, having traded in a very stable 2.5% range from 1.1300 to 1.1579