|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
Malaysian ringgit (MYR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.
Currently, NZD/MYR is trading close to the lower end of its recent range, supported by risk-off sentiment. The pair is holding near the recent lows, with a bias towards weakening in the short term.
Currently, MYR/USD is trading close to 60-day lows around 0.2492, holding near recent support levels. The pair remains supported by risk-averse flows into USD due to safe-haven demand and inflation concerns in the US.
USD/NZD is trading near 60-day highs at 1.7406, supported by risk-off sentiment and safe-haven flows into USD. In the coming sessions, the pair may remain supported if risk conditions stay cautious, keeping upward momentum intact.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in New Zealand 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 * :
| MYR | NZD |
|---|---|
| RM 1,000 | NZ$ 431.30 |
| RM 5,000 | NZ$ 2,157 |
| RM 20,000 | NZ$ 8,626 |
| RM 100,000 | NZ$ 43,130 |
| MYR | NZD |
|---|---|
| RM 2,319 | NZ$ 1,000 |
| RM 11,593 | NZ$ 5,000 |
| RM 46,370 | NZ$ 20,000 |
| RM 231,850 | NZ$ 100,000 |
More amounts
*Converted at the current MYR-NZD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Maybank MYR to NZD exchange rate is 0.4162. This is -3.5% compared to the latest MYR-NZD mid-market rate 0.4313.
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 New Zealand dollar (NZD) rates from different sources before making a conversion.
The above Maybank - Ringgit to Kiwi 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-NZD mid-rate and the possible savings of using various providers.
Looking at the full MYR to NZD - Send Money comparison table the provider with the best MYR to NZD exchange rate is OFX at 0.4292, -0.49% from the latest mid-market rate 0.4313.
The next best is Wise at 0.4281, -0.74% from the mid-rate.
Among the banks the CIMB Bank rate is 0.408 at -5.4% the OCBC Bank rate is 0.4162 at -3.5% and the Maybank rate is 0.4162 at -3.5% compared to the mid-rate 0.4313.
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: