Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

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 is at 90-day lows near 1.8892, 3.7% below its 3-month average of 1.9621, having traded in a relatively stable 6.1% range from 1.8892 to 2.0036
|

Currency Forecasts related to MYR/HKD

MYR to HKD Exchange Rate Forecast & Outlook

Currently, MYR/HKD is trading close to its 90-day lows at 1.8938. The pair remains supported by risk-off sentiment and trades within its recent range.

Read forecast

MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading close to 0.2417, at 90-day lows and below its 3-month average of 0.2509. The pair is supported by USD safe-haven demand amid geopolitical tensions and risk-off sentiment.

Read forecast

USD to HKD Exchange Rate Forecast & Outlook

Currently, USD/HKD is trading close to its 90-day highs near 7.8400, holding near its 3-month average. The pair is supported by the maintained peg and the US Federal Reserve's stable monetary stance.

Read forecast

MYR/HKD trades near 90-day lows at 1.8938, with a mild downside bias driven by risk-off sentiment. Range-bound between 1.8610 and 1.8940, the pair may weaken if risk aversion persists. Comparing FX providers could help get better rates.

 

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$ 1.8957
RM 5 HK$ 9.4785
RM 10 HK$ 18.96
RM 20 HK$ 37.91
RM 50 HK$ 94.79
RM 100 HK$ 189.57
RM 250 HK$ 473.93
RM 500 HK$ 947.85
RM 1,000 HK$ 1,896
RM 2,000 HK$ 3,791
RM 5,000 HK$ 9,479
RM 10,000 HK$ 18,957
RM 20,000 HK$ 37,914
RM 50,000 HK$ 94,785
RM 100,000 HK$ 189,570
MYR HKD
RM 0.5275 HK$ 1
RM 2.6375 HK$ 5
RM 5.2750 HK$ 10
RM 10.55 HK$ 20
RM 26.38 HK$ 50
RM 52.75 HK$ 100
RM 131.88 HK$ 250
RM 263.75 HK$ 500
RM 527.50 HK$ 1,000
RM 1,055 HK$ 2,000
RM 2,638 HK$ 5,000
RM 5,275 HK$ 10,000
RM 10,550 HK$ 20,000
RM 26,375 HK$ 50,000
RM 52,750 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 1.8863 from OFX . This is -0.5% compared to the mid-market rate 1.8957.

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 1.8863, -0.5% from the latest mid-market rate 1.8957.

The next best is Wise at 1.8844, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 1.8369 at -3.1% the OCBC Bank rate is 1.8294 at -3.5% and the Maybank rate is 1.8294 at -3.5% compared to the mid-rate 1.8957.

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: