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’.
HKD to MYR Market Data
Hong Kong dollar (HKD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bearish-to-range-bound, as USD/MYR trades below the 90-day average and sits in the lower half of the 3-month range, with limited upside risk while the path remains sticky.
Bias
EUR/MYR is bearish to range bound, below its 90-day average and in the lower half of the 3-month range, with little near-term upside and weak euro data.
To help you understand the real-world value of the current exchange rate, the table below shows how much Hong Kong dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different HKD amounts at today’s rate * :
What is the
best Send Money conversion rate for HKD to MYR?
The best HKD to MYR exchange rate is 0.5185 from OFX . This is -0.5% compared to the mid-market rate 0.5211.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Hong Kong dollar (HKD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Hong Kong dollar 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 HKD-MYR mid-rate and the possible savings of using various providers.
How do HKD-MYR rates compare between providers?
Looking at the full
HKD to MYR - Send Money comparison table the provider with the best HKD to MYR exchange rate is OFX at 0.5185, -0.5% from the latest mid-market rate 0.5211.
The next best is XE at 0.518, -0.59% 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.