The comparison table above helps you see the total cost of your 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 AUD Market Data
Malaysian ringgit (MYR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
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
30 May 2025
0.3653
0.5% ▼
2 Week
15 Mar 2025
0.3553
2.3% ▲
3 Month
13 Jun 2024
0.3204
13.4% ▲
1 Year
14 Jun 2020
0.3431
5.9% ▲
5 Year
16 Jun 2015
0.3440
5.6% ▲
10 Year
18 Jun 2005
0.3384
7.4% ▲
20 Year
MYR/AUD historic rates & change to 13-Jun-2025
AUD/MYR drops to 2.7574 on Trump's tariffs. AUD hit by 10% US tariff but recovered on Fed rate cut hopes, while MYR struggles w/ harsh 24% US tariffs. Analysts expect continued volatility as trade tensions & interest rate decisions drive both currencies in coming weeks. #forex #AUDMYR
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 * :
The standard OFX MYR-AUD rate is 0.3583476, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
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?
Looking at the
full comparison table
the best MYR to AUD exchange rate is 0.3609 from OFX, -0.5% from the mid-market rate 0.3627. The next best rate is 0.3601 from Wise, -0.72% from the mid-rate. Then WorldRemit with 0.3572 is -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 0.3515 at -3.1% the OCBC Bank rate is 0.35 at -3.5% and the Maybank rate is 0.35 at -3.5% compared to the mid-rate 0.3627.
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.
The recent exchange rate forecasts for the Malaysian Ringgit (MYR) to Australian Dollar (AUD) highlight a challenging landscape influenced by geopolitical tensions and economic data.