Maybank MYR to USD Exchange Rates & Currency Deals
MYR-USD Rate Calculator
Understanding the Table:
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’.
MYR to USD Market Data
Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MYR to USD 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 US dollar is to review how the MYR/USD rate has changed over time.
The table below shows the percentage change in the MYR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/USD
Change
Period
20 Jun 2025
0.2352
0.6% ▲
2 Week
05 Apr 2025
0.2254
4.9% ▲
3 Month
04 Jul 2024
0.2123
11.4% ▲
1 Year
05 Jul 2020
0.2332
1.4% ▲
5 Year
07 Jul 2015
0.2619
9.7% ▼
10 Year
09 Jul 2005
0.2632
10.1% ▼
20 Year
MYR/USD historic rates & change to 04-Jul-2025
As of late June, the USD/MYR stands at 4.2238, reflecting strength from robust U.S. employment data but weighed by U.S. import tariffs on Malaysia. Analysts caution that ongoing trade tensions may pressure the MYR further, with key focus on upcoming U.S. economic indicators. Expect limited fluctuations due to the Independence Day holiday
@bestfxrates
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 * :
What is the
Maybank Send Money conversion rate for MYR to USD?
The Maybank MYR to USD exchange rate is 0.2286. This is -3.5% compared to the latest MYR-USD mid-market rate 0.2369.
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 0.2357, -0.51% from the latest mid-market rate 0.2369.
The next best is Wise at 0.2353, -0.68% 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.