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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 is at 90-day highs near 0.5281, 3.7% above its 3-month average of 0.5094, having traded in a quite stable 5.8% range from 0.4991 to 0.5281
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Currency Forecasts related to HKD/MYR

HKD to MYR Exchange Rate Forecast & Outlook

Currently, HKD/MYR is trading close to its 90-day highs near 0.5280, sitting above the 3-month average. Risk-off sentiment supports the pair, but the range-trading pattern suggests limited directional momentum.

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USD to MYR Exchange Rate Forecast & Outlook

USD/MYR is trading close to 4.1380, at 90-day highs and supported by a risk-off sentiment. The pair remains within recent highs, reflecting cautious risk conditions.

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EUR to MYR Exchange Rate Forecast & Outlook

EUR/MYR is trading close to recent 90-day highs near 4.7494, supported by risk-on conditions and resilient MYR fundamentals. The pair remains within its recent range and may continue to find support if risk...

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HKD/MYR remains near 90-day highs around 0.5280 amid risk-off sentiment, but limited momentum suggests the pair may stay range-bound. A shift in global risk appetite could influence the pair’s direction in the coming months.

 

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 0.5293
HK$ 5 RM 2.6465
HK$ 10 RM 5.2930
HK$ 20 RM 10.59
HK$ 50 RM 26.47
HK$ 100 RM 52.93
HK$ 250 RM 132.33
HK$ 500 RM 264.65
HK$ 1,000 RM 529.30
HK$ 2,000 RM 1,059
HK$ 5,000 RM 2,647
HK$ 10,000 RM 5,293
HK$ 20,000 RM 10,586
HK$ 50,000 RM 26,465
HK$ 100,000 RM 52,930
HKD MYR
HK$ 1.8893 RM 1
HK$ 9.4465 RM 5
HK$ 18.89 RM 10
HK$ 37.79 RM 20
HK$ 94.47 RM 50
HK$ 188.93 RM 100
HK$ 472.33 RM 250
HK$ 944.65 RM 500
HK$ 1,889 RM 1,000
HK$ 3,779 RM 2,000
HK$ 9,447 RM 5,000
HK$ 18,893 RM 10,000
HK$ 37,786 RM 20,000
HK$ 94,465 RM 50,000
HK$ 188,930 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 0.528 from OFX . This is -0.25% compared to the mid-market rate 0.5293.

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 0.528, -0.25% from the latest mid-market rate 0.5293.

The next best is XE at 0.5261, -0.6% from the mid-rate.

Then Wise at 0.5232, 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: