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.
EUR to MYR Market Data
Euro (EUR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR 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 Euro against the Malaysian ringgit is to review how the EUR/MYR rate has changed over time.
The table below shows the percentage change in the EUR to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/MYR
Change
Period
13 Jun 2025
4.9039
0.9% ▲
2 Week
29 Mar 2025
4.8217
2.6% ▲
3 Month
27 Jun 2024
5.0535
2.1% ▼
1 Year
28 Jun 2020
4.8154
2.8% ▲
5 Year
30 Jun 2015
4.1902
18.1% ▲
10 Year
02 Jul 2005
4.5668
8.4% ▲
20 Year
EUR/MYR historic rates & change to 27-Jun-2025
The EUR is trading at 4.9560 MYR, up 1.5% from its 3-month average. Analysts note a boost from a weaker USD, but concerns over ECB policy and geopolitical tensions may weigh on the euro. The MYR faces challenges from new US tariffs, impacting its outlook
@bestfxrates
EUR 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 Euro are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
The standard OFX EUR-MYR rate is 4.7753, -3.6% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Euro 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 EUR-MYR mid-rate and the possible savings of using various providers.
How do EUR-MYR rates compare between providers?
Looking at the full
EUR to MYR - Send Money comparison table the provider with the best EUR to MYR exchange rate is OFX at 4.9312, -0.5% from the latest mid-market rate 4.9560.
The next best is XE at 4.9263, -0.6% 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.