The comparison table above helps you see the total cost of your 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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Indonesia 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 Indonesia bank accounts or pay a Indonesian rupiah invoice.
MYR to IDR Market Data
Malaysian ringgit (MYR) to Indonesian rupiah (IDR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MYR →
Buy IDR
1 MYR = 3,845.7 IDR
▲+0.3% since yesterday
MYR to IDR is at 7-day highs near 3852, just 0.8% above its 3-month average of 3821, having traded in a quite stable 5.0% range from 3722 to 3907
Is the MYR to IDR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Malaysian ringgit against the Indonesian rupiah is to review how the MYR/IDR rate has changed over time.
The table below shows the percentage change in the MYR to IDR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/IDR
Change
Period
04 Jun 2025
3837.40
0.1% ▲
2 Week
20 Mar 2025
3720.37
3.2% ▲
3 Month
18 Jun 2024
3476.30
10.5% ▲
1 Year
19 Jun 2020
3336.77
15.1% ▲
5 Year
21 Jun 2015
3562.81
7.8% ▲
10 Year
23 Jun 2005
2537.02
51.4% ▲
20 Year
MYR/IDR historic rates & change to 18-Jun-2025
MYR to IDR 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 Indonesian rupiah across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
What is the
best Send Money conversion rate for MYR to IDR?
The best MYR to IDR exchange rate is 3818.8 from Wise.
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 Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
Ringgit to Rupiah 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-IDR mid-rate and the possible savings of using various providers.
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.