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 China 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 China bank accounts or pay a Chinese yuan invoice.
MYR to CNY Market Data
Malaysian ringgit (MYR) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR to CNY is at 14-day lows near 1.6914, 1.3% above its 3-month average of 1.6699, having traded in a relatively stable 6.7% range from 1.6264 to 1.7349
Is the MYR to CNY 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 Chinese yuan is to review how the MYR/CNY rate has changed over time.
The table below shows the percentage change in the MYR to CNY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/CNY
Change
Period
30 May 2025
1.6915
0.1% ▼
2 Week
15 Mar 2025
1.6280
3.8% ▲
3 Month
13 Jun 2024
1.5406
9.7% ▲
1 Year
14 Jun 2020
1.6587
1.9% ▲
5 Year
16 Jun 2015
1.6510
2.4% ▲
10 Year
18 Jun 2005
2.1772
22.4% ▼
20 Year
MYR/CNY historic rates & change to 13-Jun-2025
MYR to CNY 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 Chinese yuan 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
best Send Money conversion rate for MYR to CNY?
The best MYR to CNY exchange rate is 1.6795 from Wise. This is -0.7% compared to the mid-market rate 1.6914.
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 Chinese yuan (CNY) rates from different sources before making a conversion.
The above
Ringgit to Yuan 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-CNY mid-rate and the possible savings of using various providers.
How do MYR-CNY rates compare between providers?
Looking at the
full comparison table
the best MYR to CNY exchange rate is 1.6795 from Wise, -0.7% from the mid-market rate 1.6914. The next best rate is 1.6711032 from , -1.2% from the mid-rate. Then WorldRemit with 1.644 is -2.8% from the mid-rate.
Among the banks the CIMB Bank rate is 1.639 at -3.1% the OCBC Bank rate is 1.6322 at -3.5% and the Maybank rate is 1.6322 at -3.5% compared to the mid-rate 1.6914.
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 exchange rate forecast for the Malaysian Ringgit (MYR) against the Chinese Yuan (CNY) has recently been influenced by escalating trade tensions sparked by U.S.