MYR to USD Market Data
Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
0.2430 – 0.2530
🌍 Global risk sentiment
⚪ Range-bound
90-day market context
Currency Forecasts related to MYR/USD
MYR to USD Exchange Rate Forecast & Outlook
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...
MYR to EUR Exchange Rate Forecast & Outlook
Currently, MYR/EUR is trading close to recent 7-day highs near 0.2180, supported by risk-on sentiment and a stable 3-month range. With risk sentiment improving, the pair may remain supported in the near term.
MYR to JPY Exchange Rate Forecast & Outlook
Currently, MYR/JPY is trading close to recent highs, holding near the 3-month average within a stable range. The pair remains consolidating within its recent range, supported by a lack of clear directional catalysts.
MYR to USD 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 US 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 * :
*Converted at the current MYR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the Maybank Send Money conversion rate for MYR to USD?
The Maybank MYR to USD exchange rate is 0.2443. This is -3.5% compared to the latest MYR-USD mid-market rate 0.2532.
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 US dollar (USD) rates from different sources before making a conversion.
The above Maybank - Ringgit to Dollar 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-USD mid-rate and the possible savings of using various providers.
How do Maybank MYR-USD rates compare between providers?
Looking at the full MYR to USD - Send Money comparison table the provider with the best MYR to USD exchange rate is OFX at 0.2519, -0.51% from the latest mid-market rate 0.2532.
The next best is Wise at 0.2517, -0.59% from the mid-rate.
Among the banks the CIMB Bank rate is 0.2454 at -3.1% the OCBC Bank rate is 0.2443 at -3.5% and the Maybank rate is 0.2443 at -3.5% compared to the mid-rate 0.2532.
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.