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MYR to EUR Exchange Rates & Currency Deals

MYR-EUR Rate Calculator

 
     
 
   

MYR to EUR Market Data

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

90-day market context

MYR to EUR at 0.2162 is just below its 3-month average, having traded in a quite stable 4.3% range from 0.2138 to 0.2230
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Currency Forecasts related to MYR/EUR

MYR to EUR Exchange Rate Forecast & Outlook

Currently, MYR/EUR is trading close to the 90-day average and supported by Malaysia's moderate growth and fiscal reforms. It remains within its recent 3-month range, finding support around the recent lows.

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MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading near the recent lows, holding just below its 3-month average. Risk-off sentiment driven by geopolitical tensions and oil prices is supporting the USD.

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USD to EUR Exchange Rate Forecast & Outlook

Currently, USD/EUR is trading near the 90-day average within a stable range, supported by risk-off sentiment. The pair's range-trading behaviour indicates limited short-term volatility.

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MYR/EUR is near 0.2160, expected to stay range-bound between 0.2140 and 0.2180. The pair remains mildly weaker with interest rate differentials and global risk sentiment influencing moves. Transfers in EUR may cost slightly more.

 

MYR to EUR 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 euro 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 EUR
RM 1 0.2168
RM 5 1.0840
RM 10 2.1680
RM 20 4.3360
RM 50 10.84
RM 100 21.68
RM 250 54.20
RM 500 108.40
RM 1,000 216.80
RM 2,000 433.60
RM 5,000 1,084
RM 10,000 2,168
RM 20,000 4,336
RM 50,000 10,840
RM 100,000 21,680
MYR EUR
RM 4.6131 € 1
RM 23.07 € 5
RM 46.13 € 10
RM 92.26 € 20
RM 230.66 € 50
RM 461.31 € 100
RM 1,153 € 250
RM 2,307 € 500
RM 4,613 € 1,000
RM 9,226 € 2,000
RM 23,066 € 5,000
RM 46,131 € 10,000
RM 92,262 € 20,000
RM 230,655 € 50,000
RM 461,310 € 100,000

More amounts

*Converted at the current MYR-EUR 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 EUR?

The best MYR to EUR exchange rate is 0.2157 from OFX . This is -0.51% compared to the mid-market rate 0.2168.

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 euro (EUR) rates from different sources before making a conversion.

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

How do MYR-EUR rates compare between providers?

Looking at the full MYR to EUR - Send Money comparison table the provider with the best MYR to EUR exchange rate is OFX at 0.2157, -0.51% from the latest mid-market rate 0.2168.

The next best is Wise at 0.2151, -0.78% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2101 at -3.1% the OCBC Bank rate is 0.2092 at -3.5% and the Maybank rate is 0.2092 at -3.5% compared to the mid-rate 0.2168.

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.

 

Compare MYR to EUR Transfer Rates

   

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