MYR to HKD Market Data
Malaysian ringgit (MYR) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
⚪ Range-bound
1.9780 – 2.0130
⚖️ Interest-rate differentials
⚪ Range-bound
90-day market context
Currency Forecasts related to MYR/HKD
MYR to HKD Exchange Rate Forecast & Outlook
Currently, MYR/HKD is trading close to its 90-day average within the recent range, supported by the HKD's peg to USD and steady US rate policies.
MYR to USD Exchange Rate Forecast & Outlook
Currently, MYR/USD is trading close to 0.2550, just above the 3-month average, within its recent range. The pair remains supported by elevated risk aversion due to geopolitical tensions in the Middle East and US Fed expectations.
USD to HKD Exchange Rate Forecast & Outlook
Currently, USD/HKD is trading close to its 3-month average, supported by the USD peg and stable policy outlook. Trading within its recent range, the pair remains largely range-bound.
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 1,000 | HK$ 1,993 |
| RM 5,000 | HK$ 9,963 |
| RM 20,000 | HK$ 39,850 |
| RM 100,000 | HK$ 199,250 |
| MYR | HKD |
|---|---|
| RM 501.90 | HK$ 1,000 |
| RM 2,510 | HK$ 5,000 |
| RM 10,038 | HK$ 20,000 |
| RM 50,190 | 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 1.9825 from OFX . This is -0.5% compared to the mid-market rate 1.9925.
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 1.9825, -0.5% from the latest mid-market rate 1.9925.
The next best is Wise at 1.9805, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 1.9307 at -3.1% the OCBC Bank rate is 1.9227 at -3.5% and the Maybank rate is 1.9227 at -3.5% compared to the mid-rate 1.9925.
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.