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MYR to HKD Transfers Compared

MYR-HKD Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Hong Kong 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 Hong Kong bank accounts or pay a Hong Kong dollar invoice.

 
   

MYR to HKD Market Data

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

90-day market context

MYR to HKD at 1.9767 is near its 3-month average, having traded in a very stable 3.5% range from 1.9367 to 2.0036
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Currency Forecasts related to MYR/HKD

MYR to HKD Exchange Rate Forecast & Outlook

Currently, MYR/HKD is trading close to the 3-month average, holding near 1.9744 within a stable range. The pairing is consolidating within its recent range, supported by risk sentiment that remains neutral.

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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 HKD Exchange Rate Forecast & Outlook

Currently, USD/HKD is trading near its 90-day high and within the recent 3-month range, supported by USD strength from month-end risk-on flows and geopolitical tensions.

Read forecast

MYR/HKD remains near 1.9744, likely to stay sideways in the short term amid stable global risk sentiment and limited driver shifts. Expect limited movement unless global geopolitics or macro factors change significantly.

 

MYR to HKD 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 Hong Kong 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 * :

MYR HKD
RM 1 HK$ 1.9765
RM 5 HK$ 9.8825
RM 10 HK$ 19.77
RM 20 HK$ 39.53
RM 50 HK$ 98.83
RM 100 HK$ 197.65
RM 250 HK$ 494.13
RM 500 HK$ 988.25
RM 1,000 HK$ 1,977
RM 2,000 HK$ 3,953
RM 5,000 HK$ 9,883
RM 10,000 HK$ 19,765
RM 20,000 HK$ 39,530
RM 50,000 HK$ 98,825
RM 100,000 HK$ 197,650
MYR HKD
RM 0.5059 HK$ 1
RM 2.5295 HK$ 5
RM 5.0590 HK$ 10
RM 10.12 HK$ 20
RM 25.30 HK$ 50
RM 50.59 HK$ 100
RM 126.48 HK$ 250
RM 252.95 HK$ 500
RM 505.90 HK$ 1,000
RM 1,012 HK$ 2,000
RM 2,530 HK$ 5,000
RM 5,059 HK$ 10,000
RM 10,118 HK$ 20,000
RM 25,295 HK$ 50,000
RM 50,590 HK$ 100,000

More amounts

*Converted at the current MYR-HKD 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 HKD?

The best MYR to HKD exchange rate is 1.9667 from OFX . This is -0.5% compared to the mid-market rate 1.9765.

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 Hong Kong dollar (HKD) rates from different sources before making a conversion.

The above Ringgit to Hong Kong dollar 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-HKD mid-rate and the possible savings of using various providers. 

How do MYR-HKD rates compare between providers?

Looking at the full MYR to HKD - Send Money comparison table the provider with the best MYR to HKD exchange rate is OFX at 1.9667, -0.5% from the latest mid-market rate 1.9765.

The next best is Wise at 1.9647, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 1.9152 at -3.1% the OCBC Bank rate is 1.9074 at -3.5% and the Maybank rate is 1.9074 at -3.5% compared to the mid-rate 1.9765.

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: