Compare Best INR to MYR transfer rates

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.

INR to MYR Market Data

Indian rupee (INR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell INR → Buy MYR

1 INR = 0.047097 MYR

90dLows◒

1d−0.4%▼

INR to MYR is at 90-day lows near 0.047139, 1.4% below its 3-month average of 0.047813, having traded in a very stable 3.0% range from 0.047139 to 0.048564

06-NOV 7PM-NY 07-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 MYR = 21.23 INR

Is the INR to MYR Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Indian rupee against the Malaysian ringgit is to review how the INR/MYR rate has changed over time.

The table below shows the percentage change in the INR to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	INR/MYR	Period
18 Oct 2025	0.0480	2 Week
03 Aug 2025	0.0489	3 Month
01 Nov 2024	0.0521	1 Year
02 Nov 2020	0.0558	5 Year
04 Nov 2015	0.0655	10 Year
06 Nov 2005	0.0831	20 Year

INR/MYR historic rates

INR 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 Indian rupee are worth in Malaysian ringgit across a range of amounts.

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

INR	MYR
₹ 1	RM 0.0471
₹ 5	RM 0.2355
₹ 10	RM 0.4710
₹ 20	RM 0.9419
₹ 50	RM 2.3549
₹ 100	RM 4.7097
₹ 250	RM 11.77
₹ 500	RM 23.55
₹ 1,000	RM 47.10
₹ 2,000	RM 94.19
₹ 5,000	RM 235.49
₹ 10,000	RM 470.97
₹ 20,000	RM 941.94
₹ 50,000	RM 2,355
₹ 100,000	RM 4,710

INR	MYR
₹ 21.23	RM 1
₹ 106.15	RM 5
₹ 212.30	RM 10
₹ 424.60	RM 20
₹ 1,062	RM 50
₹ 2,123	RM 100
₹ 5,308	RM 250
₹ 10,615	RM 500
₹ 21,230	RM 1,000
₹ 42,460	RM 2,000
₹ 106,150	RM 5,000
₹ 212,300	RM 10,000
₹ 424,600	RM 20,000
₹ 1,061,500	RM 50,000
₹ 2,123,000	RM 100,000

More amounts

*Converted at the current INR-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 INR to MYR?

The best INR to MYR exchange rate is 0.0465 from Wise. This is -1.3% compared to the mid-market rate 0.047097.

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

The above Rupee 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 INR-MYR mid-rate and the possible savings of using various providers.

How do INR-MYR rates compare between providers?

Looking at the full INR to MYR - Send Money comparison table the provider with the best INR to MYR exchange rate is Wise at 0.0465, -1.3% from the latest mid-market rate 0.047097.

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.

Currency Forecasts related to INR/MYR