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

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HKD to MYR is at 7-day lows near 0.5702, near its 3-month average, having traded in a very stable 3.0% range from 0.5621 to 0.5792

13-APR 8PM-NY 14-APR 1AM-LON 8AM-HK 10AM-SYD

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1 MYR = 1.7582 HKD

Date	HKD/MYR	Period
29 Mar 2025	0.5696	2 Week
12 Jan 2025	0.5773	3 Month
12 Apr 2024	0.6084	1 Year
13 Apr 2020	0.5583	5 Year
15 Apr 2015	0.4753	10 Year
17 Apr 2005	0.4842	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 0.5688
HK$ 5	RM 2.8440
HK$ 10	RM 5.6880
HK$ 20	RM 11.38
HK$ 50	RM 28.44
HK$ 100	RM 56.88
HK$ 250	RM 142.20
HK$ 500	RM 284.40
HK$ 1,000	RM 568.80
HK$ 2,000	RM 1,138
HK$ 5,000	RM 2,844
HK$ 10,000	RM 5,688
HK$ 20,000	RM 11,376
HK$ 50,000	RM 28,440
HK$ 100,000	RM 56,880

HKD	MYR
HK$ 1.7582	RM 1
HK$ 8.7910	RM 5
HK$ 17.58	RM 10
HK$ 35.16	RM 20
HK$ 87.91	RM 50
HK$ 175.82	RM 100
HK$ 439.55	RM 250
HK$ 879.10	RM 500
HK$ 1,758	RM 1,000
HK$ 3,516	RM 2,000
HK$ 8,791	RM 5,000
HK$ 17,582	RM 10,000
HK$ 35,164	RM 20,000
HK$ 87,910	RM 50,000
HK$ 175,820	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

12 AprThe current exchange rate situation between the Hong Kong Dollar (HKD) and the Malaysian Ringgit (MYR) is influenced by a variety of economic factors, with recent analyst forecasts indicating a mixed outlook for both currencies.

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.

Read more at our Malaysia (MYR) country guide

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News2019-04-18

SGD/MYR at 17-Month High; Ringgit Slumps on FTSE Index Deselection

What is arguably Southeast Asia’s most important exchange rate, Singapore dollar-Malaysian ringgit, leapt on Thursday to its highest level since November 2017, driven by FTSE Russell’s decision to reconsider Malaysia’s inclusion in an important bond index.

Further reading on the Malaysian ringgit (MYR) - Guides, Reviews & News from our research team.

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

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Best HKD to MYR Exchange Rates Compared Live

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

How do HKD-MYR rates compare between providers?