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MYR to BDT Transfers Compared

MYR-BDT Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Bangladesh 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 Bangladesh bank accounts or pay a Bangladeshi taka invoice.

 
   

MYR to BDT Market Data

Malaysian ringgit (MYR) to Bangladeshi taka (BDT) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy BDT
1 MYR = 30.18 BDT
1d+0.4%
90dHighs
MYR to BDT is at 90-day highs near 30.18, 2.9% above its 3-month average of 29.32, having traded in a quite stable 5.2% range from 28.69 to 30.18
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Tracker

Is the MYR to BDT 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 Bangladeshi taka is to review how the MYR/BDT rate has changed over time.

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

DateMYR/BDTChangePeriod
07 Jul 2023
23.26
2.3% 2 Week
22 Apr 2023
23.91
0.5% 3 Month
21 Jul 2022
21.18
12.4% 1 Year
22 Jul 2018
20.66
15.2% 5 Year
23 Jul 2013
24.40
2.5% 10 Year
26 Jul 2003
15.16
57% 20 Year
MYR/BDT historic rates & change to 21-Jul-2023

Currency Forecasts related to MYR/BDT

MYR to USD 2025 Forecasts

The Malaysian Ringgit (MYR) has witnessed notable strength against the US Dollar (USD) recently, as it reached a 13-month high at 0.2453.

Read forecast

MYR to EUR 2025 Forecasts

The exchange rate forecast for the Malaysian Ringgit (MYR) to Euro (EUR) reflects a complex interplay of recent developments across both currencies.

Read forecast

MYR to JPY 2025 Forecasts

The Malaysian Ringgit (MYR) has recently appreciated significantly against the Japanese Yen (JPY), reaching 90-day highs near 38.69, which is 5.3% above its...

Read forecast

 

MYR to BDT 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 Bangladeshi taka 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 BDT
RM 1 30.18
RM 5 150.90
RM 10 301.80
RM 20 603.60
RM 50 1,509
RM 100 3,018
RM 250 7,545
RM 500 15,090
RM 1,000 30,180
RM 2,000 60,360
RM 5,000 150,900
RM 10,000 301,800
RM 20,000 603,600
RM 50,000 1,509,000
RM 100,000 3,018,000
MYR BDT
RM 0.0331 ৳ 1
RM 0.1657 ৳ 5
RM 0.3314 ৳ 10
RM 0.6628 ৳ 20
RM 1.6569 ৳ 50
RM 3.3138 ৳ 100
RM 8.2845 ৳ 250
RM 16.57 ৳ 500
RM 33.14 ৳ 1,000
RM 66.28 ৳ 2,000
RM 165.69 ৳ 5,000
RM 331.38 ৳ 10,000
RM 662.76 ৳ 20,000
RM 1,657 ৳ 50,000
RM 3,314 ৳ 100,000

More amounts

*Converted at the current MYR-BDT 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 BDT?

The best MYR to BDT exchange rate is 30 from Wise. This is -0.6% compared to the mid-market rate 30.18.

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 Bangladeshi taka (BDT) rates from different sources before making a conversion.

The above Ringgit to Taka 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-BDT mid-rate and the possible savings of using various providers. 

How do MYR-BDT rates compare between providers?

Looking at the full MYR to BDT - Send Money comparison table the provider with the best MYR to BDT exchange rate is Wise at 30, -0.6% from the latest mid-market rate 30.18.

Among the banks the CIMB Bank rate is 28.55 at -5.4% the OCBC Bank rate is 29.12 at -3.5% and the Maybank rate is 29.12 at -3.5% compared to the mid-rate 30.18.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: