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 ISK rate is 27.66. This is -3.5% below the mid-rate.
MYR to ISK Market Data
Malaysian ringgit (MYR) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MYR →
Buy ISK
1 MYR = 28.66 ISK
▲+0.1% since yesterday
90d-lows
MYR to ISK at 28.64 is 3.1% below its 3-month average of 29.57, having traded in a relatively stable 7.9% range from 28.62 to 30.87
Is the MYR to ISK 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 Icelandic krona is to review how the MYR/ISK rate has changed over time.
The table below shows the percentage change in the MYR to ISK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/ISK
Change
Period
20 Jun 2025
29.18
2% ▼
2 Week
05 Apr 2025
29.79
4% ▼
3 Month
04 Jul 2024
29.32
2.4% ▼
1 Year
05 Jul 2020
32.46
11.9% ▼
5 Year
07 Jul 2015
34.98
18.2% ▼
10 Year
09 Jul 2005
17.36
64.8% ▲
20 Year
MYR/ISK historic rates & change to 04-Jul-2025
MYR to ISK 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 Icelandic krona 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 ISK?
The Maybank MYR to ISK exchange rate is 27.66. This is -3.5% compared to the latest MYR-ISK mid-market rate 28.66.
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 Icelandic krona (ISK) rates from different sources before making a conversion.
The above
Maybank - Ringgit to Krona 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-ISK mid-rate and the possible savings of using various providers.
How do Maybank MYR-ISK rates compare between providers?
Looking at the full
MYR to ISK - Send Money comparison table the provider with the best MYR to ISK exchange rate is Wise at 28.46, -0.7% from the latest mid-market rate 28.66.
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.