Rate direction
Malaysian ringgit to Hong Kong dollar · MYR/HKD trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
MYR to HKD is at 14-day highs near 1.9198, 1.1% below its 3-month average of 1.9418, having traded in a relatively stable 6.1% range from 1.8892 to 2.0036
Quick MYR/HKD forecast
Currency Forecasts related to MYR/HKD
MYR to HKD Exchange Rate Forecast & Outlook
Currently, MYR/HKD is trading close to recent highs near 1.9198, holding within its recent range and below its 3-month average. The pair’s balanced range-bound nature reflects limited decisive macro influence.
MYR to HKD Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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$ 1,920 |
| RM 5,000 | HK$ 9,599 |
| RM 20,000 | HK$ 38,394 |
| RM 100,000 | HK$ 191,970 |
| MYR | HKD |
|---|---|
| RM 520.90 | HK$ 1,000 |
| RM 2,605 | HK$ 5,000 |
| RM 10,418 | HK$ 20,000 |
| RM 52,090 | 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 1.9101 from OFX . This is -0.5% compared to the mid-market rate 1.9197.
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 1.9101, -0.5% from the latest mid-market rate 1.9197.
The next best is Wise at 1.9081, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 1.8602 at -3.1% the OCBC Bank rate is 1.8525 at -3.5% and the Maybank rate is 1.8525 at -3.5% compared to the mid-rate 1.9197.
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.