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HKD to MYR Transfers Compared

HKD-MYR Rate Calculator

 
 
   
   
   
   
   
 

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.

 
   

HKD to MYR Market Data

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

90-day market context

HKD to MYR at 0.5025 is just below its 3-month average, having traded in a very stable 3.9% range from 0.4967 to 0.5163
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Currency Forecasts related to HKD/MYR

HKD to MYR Exchange Rate Forecast & Outlook

Currently, HKD/MYR is trading near 0.5007, holding within its recent range and just below its 3-month average. The pair is supported by steady risk-off sentiment, which favors safe-haven currencies.

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USD to MYR Exchange Rate Forecast & Outlook

Currently, USD/MYR is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...

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EUR to MYR Exchange Rate Forecast & Outlook

EUR/MYR is trading close to its 3-month average around 4.6240, supported by the rate differential. The pair remains within a recent range and is consolidating near its highs.

Read forecast

HKD/MYR trades near 0.5007 with a range-bound, upside bias supported by risk-off sentiment. The pair may stay within 0.5010–0.5160, influenced by global risk trends and safe-haven flows. Watch for shifts in risk sentiment that could affect rates.

 

HKD 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 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 * :

HKD MYR
HK$ 1 RM 0.5020
HK$ 5 RM 2.5100
HK$ 10 RM 5.0200
HK$ 20 RM 10.04
HK$ 50 RM 25.10
HK$ 100 RM 50.20
HK$ 250 RM 125.50
HK$ 500 RM 251.00
HK$ 1,000 RM 502.00
HK$ 2,000 RM 1,004
HK$ 5,000 RM 2,510
HK$ 10,000 RM 5,020
HK$ 20,000 RM 10,040
HK$ 50,000 RM 25,100
HK$ 100,000 RM 50,200
HKD MYR
HK$ 1.9922 RM 1
HK$ 9.9610 RM 5
HK$ 19.92 RM 10
HK$ 39.84 RM 20
HK$ 99.61 RM 50
HK$ 199.22 RM 100
HK$ 498.05 RM 250
HK$ 996.10 RM 500
HK$ 1,992 RM 1,000
HK$ 3,984 RM 2,000
HK$ 9,961 RM 5,000
HK$ 19,922 RM 10,000
HK$ 39,844 RM 20,000
HK$ 99,610 RM 50,000
HK$ 199,220 RM 100,000

More amounts

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

 
 

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

The best HKD to MYR exchange rate is 0.5007 from OFX . This is -0.26% compared to the mid-market rate 0.5020.

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 0.5007, -0.26% from the latest mid-market rate 0.5020.

The next best is XE at 0.4989, -0.62% from the mid-rate.

Then Wise at 0.4962, which is -1.2% 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.

 

View a full list of exchange rates by selecting your Base (from) currency: