Best HKD to MYR Exchange Rates - Compare & Save

HKD to MYR Market Data

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

Sell HKD → Buy MYR

1 HKD = MYR

▲+0.3%

HKD to MYR is at 7-day highs near 0.5428, 3.4% below its 3-month average of 0.5617, having traded in a relatively stable 7.5% range from 0.5384 to 0.5786

30-MAY 8PM-NY 31-MAY 1AM-LON 8AM-HK 10AM-SYD

Tracker

Manage Tracker

1 MYR = 1.8421 HKD

Date	HKD/MYR	Period
10 May 2025	0.5530	2 Week
23 Feb 2025	0.5687	3 Month
24 May 2024	0.6023	1 Year
25 May 2020	0.5627	5 Year
27 May 2015	0.4692	10 Year
29 May 2005	0.4886	20 Year

HKD/MYR historic rates

What are equivalent amounts of HKD and MYR?

Here are some popular conversion amounts for HKD to MYR (Hong Kong dollar to Malaysian ringgit)*.

HKD	MYR
HK$ 1	RM 0.5428
HK$ 5	RM 2.7140
HK$ 10	RM 5.4280
HK$ 20	RM 10.86
HK$ 50	RM 27.14
HK$ 100	RM 54.28
HK$ 250	RM 135.70
HK$ 500	RM 271.40
HK$ 1,000	RM 542.80
HK$ 2,000	RM 1,086
HK$ 5,000	RM 2,714
HK$ 10,000	RM 5,428
HK$ 20,000	RM 10,856
HK$ 50,000	RM 27,140
HK$ 100,000	RM 54,280

HKD	MYR
HK$ 1.8421	RM 1
HK$ 9.2105	RM 5
HK$ 18.42	RM 10
HK$ 36.84	RM 20
HK$ 92.11	RM 50
HK$ 184.21	RM 100
HK$ 460.53	RM 250
HK$ 921.05	RM 500
HK$ 1,842	RM 1,000
HK$ 3,684	RM 2,000
HK$ 9,211	RM 5,000
HK$ 18,421	RM 10,000
HK$ 36,842	RM 20,000
HK$ 92,105	RM 50,000
HK$ 184,210	RM 100,000

More amounts

*Converted at the current HKDMYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

Forecasts for HKD to MYR

31 MayThe exchange rate forecast for the Hong Kong dollar (HKD) to Malaysian ringgit (MYR) has recently been shaped by various factors influencing both currencies. Analysts note that the Hong Kong dollar has maintained relative strength in October amid uncertainty surrounding U.S. interest rates. While inflation in Hong Kong has eased slightly, recent government initiatives led by Chief Executive John Lee aim to enhance Hong Kong’s status as a global financial hub, which may offer short-term support for the HKD. However, the broader economic recovery remains slow, and significant improvements in domestic demand and home sales may hinge on lower interest rates. The labor market’s incomplete recovery and predictions of declining home prices suggest that HKD may face challenges ahead.

Read our full review of recent HKD to MYR forecasts.

How to get a good HKD to MYR exchange rate

There are several ways to save on exchange rates when converting Hong Kong dollar to Malaysian ringgit:

Shop around for the best HKD/MYR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the HKD/MYR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both HKD and MYR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Malaysian ringgit with Hong Kong dollar, then it's better for the HKD/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.

Compare Rates

Will the Hong Kong dollar rise against the Malaysian ringgit?

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 HKD/MYR to your personalised Rate Tracker to track and benefit from currency movements.

Manage Tracker

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

Currency Country Guides

Hong Kong (HKD)

Malaysia (MYR)

How is the expat life in Malaysia?

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.

Any laws in Malaysia that foreigners should be aware of?

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.

What is doing business like in Malaysia?

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.

How is the economy in Malaysia?

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

Related exchange rates

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

^ Scroll back up to ^

Best HKD to MYR Exchange Rates Compared Live

HKD-MYR Rate Calculator

What is the best Send Money conversion rate for HKD to MYR?

How do HKD-MYR rates compare between providers?