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Malaysian ringgit (MYR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
23.9340 – 24.3600
🌍 Global risk sentiment
Currently, MYR/INR is trading near its 3-month highs at 24.31, supported by risk-off sentiment. Over the next few sessions, the pair may remain sensitive to geopolitical tensions and oil price movements, which...
Currently, MYR/USD is trading near 7-day lows around 0.2532, close to its 3-month average. With risk sentiment dominating, the pair remains supported by risk-off flows but faces downward pressure due to...
USD/INR is trading near 96.00, close to recent highs and 3.1% above its 3-month average of 93.15. The pair is supported by risk-off sentiment, as safe-haven demand for USD remains elevated due to geopolitical tensions.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Maybank MYR to INR exchange rate is 23.46. This is -3.5% compared to the latest MYR-INR mid-market rate 24.31.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above Maybank - Ringgit to Rupee 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-INR mid-rate and the possible savings of using various providers.
Looking at the full MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 24.17, -0.58% from the latest mid-market rate 24.31.
Among the banks the CIMB Bank rate is 23.56 at -3.1% the OCBC Bank rate is 23.46 at -3.5% and the Maybank rate is 23.46 at -3.5% compared to the mid-rate 24.31.
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.
View a full list of exchange rates by selecting your Base (from) currency: