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IDR to MYR Transfers Compared

IDR-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.

 
   

IDR to MYR Market Data

Indonesian rupiah (IDR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell IDR   →   Buy MYR
1 IDR = 0.000224 MYR
1d−0.4%
90dLows
Tracker

90-day market context

IDR to MYR is at 90-day lows near 0.000224, 3.0% below its 3-month average of 0.000231, having traded in a relatively stable 6.7% range from 0.000224 to 0.000239
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Currency Forecasts related to IDR/MYR

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...

Read forecast

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

MYR to GBP Exchange Rate Forecast & Outlook

Currently, MYR/GBP is trading close to its 90-day average and within its recent 3-month range. The pair is supported by the rate differential, with the Bank of England signaling potential rate hikes, and the...

Read forecast

 

IDR 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 Indonesian rupiah are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different IDR amounts at today’s rate * :

IDR MYR
Rp 1 RM 0.0002
Rp 5 RM 0.0011
Rp 10 RM 0.0022
Rp 20 RM 0.0045
Rp 50 RM 0.0112
Rp 100 RM 0.0224
Rp 250 RM 0.0560
Rp 500 RM 0.1120
Rp 1,000 RM 0.2240
Rp 2,000 RM 0.4480
Rp 5,000 RM 1.1200
Rp 10,000 RM 2.2400
Rp 20,000 RM 4.4800
Rp 50,000 RM 11.20
Rp 100,000 RM 22.40
IDR MYR

More amounts

*Converted at the current IDR-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 IDR to MYR?

The best IDR to MYR exchange rate is from OFX .

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indonesian rupiah (IDR) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

The above Rupiah 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 IDR-MYR mid-rate and the possible savings of using various providers. 

How do IDR-MYR rates compare between providers?

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: