Understanding the Table:
The comparison table above helps you see the total cost of your OFX currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Malaysian ringgit (MYR) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR/HKD Outlook: The outlook for MYR/HKD is bullish as the exchange rate is significantly above its recent average and near recent highs, supported by...
MYR/USD Outlook: The outlook for the MYR against the USD is bullish, as the rate is significantly above its 90-day average and near recent highs, supported...
USD/HKD Outlook: Slightly positive, but likely to move sideways as it trades just above its recent average near 14-day lows.
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$ 1,947 |
| RM 5,000 | HK$ 9,734 |
| RM 20,000 | HK$ 38,934 |
| RM 100,000 | HK$ 194,670 |
| MYR | HKD |
|---|---|
| RM 513.70 | HK$ 1,000 |
| RM 2,569 | HK$ 5,000 |
| RM 10,274 | HK$ 20,000 |
| RM 51,370 | 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.
The OFX MYR to HKD exchange rate is 1.937. This is -0.5% compared to the latest MYR-HKD mid-market rate 1.9467.
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 OFX - Ringgit to Hong Kong dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest MYR-HKD mid-rate and the possible savings of using various 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 1.937, -0.5% from the latest mid-market rate 1.9467.
The next best is Wise at 1.935, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 1.8864 at -3.1% the OCBC Bank rate is 1.8786 at -3.5% and the Maybank rate is 1.8786 at -3.5% compared to the mid-rate 1.9467.
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 like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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