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INR to MYR Transfers Compared

INR-MYR Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET 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 = 0.049195 MYR
+0.1%
INR to MYR is at 7-day highs near 0.049456, 1.5% below its 3-month average of 0.050225, having traded in a relatively stable 6.3% range from 0.049038 to 0.052119
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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:

DateINR/MYRPeriod
21 Jun 2025
0.0491
2 Week
06 Apr 2025
0.0519
3 Month
05 Jul 2024
0.0564
1 Year
06 Jul 2020
0.0573
5 Year
08 Jul 2015
0.0599
10 Year
10 Jul 2005
0.0872
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 0.0492
₹ 5 RM 0.2460
₹ 10 RM 0.4920
₹ 20 RM 0.9839
₹ 50 RM 2.4598
₹ 100 RM 4.9195
₹ 250 RM 12.30
₹ 500 RM 24.60
₹ 1,000 RM 49.20
₹ 2,000 RM 98.39
₹ 5,000 RM 245.98
₹ 10,000 RM 491.95
₹ 20,000 RM 983.90
₹ 50,000 RM 2,460
₹ 100,000 RM 4,920
INR MYR
20.33 RM 1
101.65 RM 5
203.30 RM 10
406.60 RM 20
1,017 RM 50
2,033 RM 100
5,083 RM 250
10,165 RM 500
20,330 RM 1,000
40,660 RM 2,000
101,650 RM 5,000
203,300 RM 10,000
406,600 RM 20,000
1,016,500 RM 50,000
2,033,000 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 0.0486 from Wise. This is -1.2% compared to the mid-market rate 0.049195.

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 0.0486, -1.2% from the latest mid-market rate 0.049195.

The next best is WorldRemit at 0.0485, -1.4% 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.

 

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