The comparison table above helps you see the total cost of your Maybank 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 Maybank Exchange Rates & Fees - Save Time & Money
Our Maybank MYR to AUD rate is 0.3492. This is -3.5% below the mid-rate.
MYR to AUD Market Data
Malaysian ringgit (MYR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MYR to AUD 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 Malaysian ringgit against the Australian dollar is to review how the MYR/AUD rate has changed over time.
The table below shows the percentage change in the MYR to AUD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/AUD
Change
Period
20 Aug 2025
0.3677
1.4% ▼
2 Week
05 Jun 2025
0.3631
0.2% ▼
3 Month
03 Sep 2024
0.3411
6.3% ▲
1 Year
04 Sep 2020
0.3308
9.6% ▲
5 Year
06 Sep 2015
0.3358
8% ▲
10 Year
08 Sep 2005
0.3441
5.3% ▲
20 Year
MYR/AUD historic rates & change to 03-Sep-2025
AUD/MYR is currently trading at 2.7568, reflecting recent declines due to risk aversion, a weaker Australian economy, and RBA's rate cuts. Analysts suggest the MYR's resilience, supported by BNM’s stable rates and positive geopolitical outlook, could maintain pressure on the AUD. Market movements will hinge on commodity prices and investor sentiment going forward
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MYR to AUD 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 Malaysian ringgit are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
What is the
Maybank Send Money conversion rate for MYR to AUD?
The Maybank MYR to AUD exchange rate is 0.3492. This is -3.5% compared to the latest MYR-AUD mid-market rate 0.3619.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Malaysian ringgit (MYR) to Australian dollar (AUD) rates from different sources before making a conversion.
The above
Maybank - Ringgit to Aussie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Maybank and other foreign exchange providers against the latest MYR-AUD mid-rate and the possible savings of using various providers.
How do Maybank MYR-AUD rates compare between providers?
The next best is Wise at 0.3594, -0.69% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Maybank 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.