Compare Best MYR to AUD transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to Australia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Australia bank accounts or pay a Australian dollar invoice.

MYR to AUD Market Data

Malaysian ringgit (MYR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy AUD

1 MYR = 0.3611 AUD

1d−0.6%▼

MYR to AUD at 0.3611 is just below its 3-month average, having traded in a very stable 3.2% range from 0.3571 to 0.3687

05-SEP 8PM-NY 06-SEP 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 AUD = 2.7696 MYR

Is the MYR to AUD 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 Australian dollar is to review how the MYR/AUD rate has changed over time.

The table below shows the percentage change in the MYR to AUD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	MYR/AUD	Change	Period
22 Aug 2025	0.3643	0.5% ▼	2 Week
07 Jun 2025	0.3643	0.5% ▼	3 Month
05 Sep 2024	0.3424	5.9% ▲	1 Year
06 Sep 2020	0.3310	9.5% ▲	5 Year
08 Sep 2015	0.3295	10% ▲	10 Year
10 Sep 2005	0.3431	5.7% ▲	20 Year

MYR/AUD historic rates & change to 05-Sep-2025

AUD/MYR has seen volatility as the AUD faces downward pressure amidst global risk aversion. Analysts note the RBA's rate cut and weak economic growth may limit AUD gains. Currently at 2.7692, watch for shifts in sentiment and commodity prices for further direction

@bestfxrates

MYR to AUD 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 Australian 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	AUD
RM 1	A$ 0.3611
RM 5	A$ 1.8055
RM 10	A$ 3.6110
RM 20	A$ 7.2220
RM 50	A$ 18.06
RM 100	A$ 36.11
RM 250	A$ 90.28
RM 500	A$ 180.55
RM 1,000	A$ 361.10
RM 2,000	A$ 722.20
RM 5,000	A$ 1,806
RM 10,000	A$ 3,611
RM 20,000	A$ 7,222
RM 50,000	A$ 18,055
RM 100,000	A$ 36,110

MYR	AUD
RM 2.7696	A$ 1
RM 13.85	A$ 5
RM 27.70	A$ 10
RM 55.39	A$ 20
RM 138.48	A$ 50
RM 276.96	A$ 100
RM 692.40	A$ 250
RM 1,385	A$ 500
RM 2,770	A$ 1,000
RM 5,539	A$ 2,000
RM 13,848	A$ 5,000
RM 27,696	A$ 10,000
RM 55,392	A$ 20,000
RM 138,480	A$ 50,000
RM 276,960	A$ 100,000

More amounts

*Converted at the current MYR-AUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

What is the best Send Money conversion rate for MYR to AUD?

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 Australian dollar (AUD) rates from different sources before making a conversion.

The above Ringgit to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest MYR-AUD mid-rate and the possible savings of using various providers.

How do MYR-AUD rates compare between providers?

The next best is Wise at 0.3585, -0.72% from the mid-rate.

Then WorldRemit at 0.3556, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.3499 at -3.1% the OCBC Bank rate is 0.3484 at -3.5% and the Maybank rate is 0.3484 at -3.5% compared to the mid-rate 0.3611.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.

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