Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

    Best Online-seller HKD to MYR Exchange Rates Compared Live

    The live mid-rate HKD to MYR exchange rate is 0.5530. Compare Online-seller currency conversion rates - Reduce FX costs.

    HKD-MYR Loading Rates ...
     

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

    The best HKD to MYR exchange rate is 0.5497 from XE. This is -0.6% compared to the mid-market rate 0.5530.

    As Online-seller 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.

    How do HKD-MYR rates compare between providers?

    Looking at our comparison table the best HKD to MYR exchange rate is 0.5497 from XE, -0.6% from the mid-market rate 0.5530. The next best rate is 0.5486 from WorldRemit, -0.8% from the mid-rate. Then OFX with 0.5289 is -4.4% 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.

     

    Compare Rates

     

    The Online-seller Hong Kong dollar to Ringgit comparison table above 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 (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    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 =
    0.5530We compare provider deals to this wholesale mid-market rate. Read more
    MYR
    ▲+0.4%
    HKD to MYR is at 7-day highs near 0.5530, 2.5% below its 3-month average of 0.5674, having traded in a relatively stable 6.6% range from 0.5426 to 0.5786
    |
    Tracker

    Manage Tracker   

      1 MYR = 1.8084 HKD
    DateHKD/MYRPeriod
    26 Apr 2025
    0.5638
    		2 Week
    09 Feb 2025
    0.5700
    		3 Month
    10 May 2024
    0.6064
    		1 Year
    11 May 2020
    0.5593
    		5 Year
    13 May 2015
    0.4636
    		10 Year
    15 May 2005
    0.4873
    		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 0.5530
    HK$ 5 RM 2.7650
    HK$ 10 RM 5.5300
    HK$ 20 RM 11.06
    HK$ 50 RM 27.65
    HK$ 100 RM 55.30
    HK$ 250 RM 138.25
    HK$ 500 RM 276.50
    HK$ 1,000 RM 553.00
    HK$ 2,000 RM 1,106
    HK$ 5,000 RM 2,765
    HK$ 10,000 RM 5,530
    HK$ 20,000 RM 11,060
    HK$ 50,000 RM 27,650
    HK$ 100,000 RM 55,300
    HKD MYR
    HK$ 1.8084 RM 1
    HK$ 9.0420 RM 5
    HK$ 18.08 RM 10
    HK$ 36.17 RM 20
    HK$ 90.42 RM 50
    HK$ 180.84 RM 100
    HK$ 452.10 RM 250
    HK$ 904.20 RM 500
    HK$ 1,808 RM 1,000
    HK$ 3,617 RM 2,000
    HK$ 9,042 RM 5,000
    HK$ 18,084 RM 10,000
    HK$ 36,168 RM 20,000
    HK$ 90,420 RM 50,000
    HK$ 180,840 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

     

    Recent forecasts for the HKD to MYR exchange rate reflect a complex interplay of factors affecting both the Hong Kong dollar and the Malaysian ringgit. As of October, the Hong Kong dollar has demonstrated resilience amid ongoing US interest rate uncertainties. According to market analysts, measures announced by Hong Kong's Chief Executive John Lee aim to bolster the city's position as a leading international financial hub. While these initiatives might provide a short-term boost, a more robust recovery in the housing market is contingent on lower interest rates and an improved labor market, which remain uncertain.

    Read our full review of recent HKD to MYR forecasts.

     
    HKD note

    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:

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    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.

     
    Track Rate
     

    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 KongHong Kong (HKD)MalaysiaMalaysia (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

    HKD/USD
    0.1286
    HKDUSD 90 day chart
    —
    30d-lows
    MYR/USD
    0.2325
    MYRUSD 90 day chart
    ▼-0.5%
    MYR/HKD
    1.8084
    MYRHKD 90 day chart
    ▼-0.4%
    USD/HKD
    7.7788
    USDHKD 90 day chart
    ▲+0.1%
    30d-highs
    EUR/HKD
    8.7515
    EURHKD 90 day chart
    ▲+0.3%
    14d-lows

    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 ^

    ^