Best MYR to HKD Exchange Rates - Compare & Save

MYR to HKD Market Data

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

Sell MYR → Buy HKD

1 MYR = HKD

▼-0.2%

MYR to HKD at 1.8524 is 4.1% above its 3-month average of 1.7802, having traded in a relatively stable 7.5% range from 1.7282 to 1.8574

29-MAY 8PM-NY 30-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 HKD = 0.5406 MYR

Date	MYR/HKD	Change	Period
16 May 2025	1.8194	1.7% ▲	2 Week
01 Mar 2025	1.7431	6.1% ▲	3 Month
30 May 2024	1.6619	11.3% ▲	1 Year
31 May 2020	1.7846	3.6% ▲	5 Year
02 Jun 2015	2.1065	12.2% ▼	10 Year
04 Jun 2005	2.0481	9.7% ▼	20 Year

MYR/HKD historic rates & change to 30-May-2025

What are equivalent amounts of MYR and HKD?

Here are some popular conversion amounts for MYR to HKD (Malaysian ringgit to Hong Kong dollar)*.

MYR	HKD
RM 1	HK$ 1.8497
RM 5	HK$ 9.2485
RM 10	HK$ 18.50
RM 20	HK$ 36.99
RM 50	HK$ 92.49
RM 100	HK$ 184.97
RM 250	HK$ 462.43
RM 500	HK$ 924.85
RM 1,000	HK$ 1,850
RM 2,000	HK$ 3,699
RM 5,000	HK$ 9,249
RM 10,000	HK$ 18,497
RM 20,000	HK$ 36,994
RM 50,000	HK$ 92,485
RM 100,000	HK$ 184,970

MYR	HKD
RM 0.5406	HK$ 1
RM 2.7030	HK$ 5
RM 5.4060	HK$ 10
RM 10.81	HK$ 20
RM 27.03	HK$ 50
RM 54.06	HK$ 100
RM 135.15	HK$ 250
RM 270.30	HK$ 500
RM 540.60	HK$ 1,000
RM 1,081	HK$ 2,000
RM 2,703	HK$ 5,000
RM 5,406	HK$ 10,000
RM 10,812	HK$ 20,000
RM 27,030	HK$ 50,000
RM 54,060	HK$ 100,000

More amounts

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

Forecasts for MYR to HKD

24 MayThe exchange rate forecasts for the Malaysian Ringgit (MYR) against the Hong Kong Dollar (HKD) suggest a complex interplay of factors shaping the future value of these currencies. Recent tariff announcements by U.S. President Donald Trump, which impose a significant 24% tariff on Malaysian imports, have stirred fears of an escalating trade war, causing downward pressure on the MYR. Analysts note that alongside the regional impact, Malaysia's lack of retaliation and efforts to coordinate a response in Southeast Asia indicate a strategic approach, but overall sentiment for emerging Asian currencies remains pessimistic, particularly as regional currencies, including the MYR, have come under stress.

Read our full review of recent MYR to HKD forecasts.

How to get a good MYR to HKD exchange rate

There are several ways to save on exchange rates when converting Malaysian ringgit to Hong Kong dollar:

Shop around for the best MYR/HKD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the MYR/HKD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and HKD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Hong Kong dollar with Malaysian ringgit, then it's better for the MYR/HKD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

Read our Currency guide to Hong Kong — a practical currency and money guide to travel in Hong Kong plus living and doing business with the Hong Kong dollar.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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Will the Malaysian ringgit rise against the Hong Kong dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MYR/HKD to your personalised Rate Tracker to track and benefit from currency movements.

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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

Currency Country Guides

Hong Kong (HKD)

Malaysia (MYR)

How is the expat life in Hong Kong?

Expat life in Hong Kong can be both exciting and challenging. Hong Kong is a vibrant and fast-paced city with a rich culture, history, and a mix of modern and traditional influences. It is also a major financial and business hub in Asia.

One of the main benefits of expat life in Hong Kong is the high standard of living and the availability of amenities and services. The city has a wide range of international schools, hospitals and medical facilities, supermarkets, and other amenities catering to expats.

Hong Kong is also known for its excellent transportation system, making it easy to navigate and commute around the city.

However, the cost of living in Hong Kong is quite high, especially for housing. The city has some of the most expensive real estate in the world and finding affordable housing can be a challenge for expats.

The city is also known for its fast-paced lifestyle and high stress levels, which can be challenging for some people. The air pollution and noise pollution can also be an issue.

Additionally, Hong Kong has a high population density and the city can feel crowded and congested. Some expats may find the city to be quite crowded and busy, which can be overwhelming.

The political situation in Hong Kong

The political situation in Hong Kong has been uncertain in recent years, which can be a concern for some expats. Protests and unrest have been taking place, and travelers should be aware of the situation and take precautions.

Overall, expat life in Hong Kong can be a rich and fulfilling experience, but it also has its challenges. Expats should be prepared for the high cost of living, fast-paced lifestyle, and the potential for political unrest.

Read more at our Hong Kong (HKD) country guide