Best MYR to INR Exchange Rates - Compare & Save

MYR to INR Market Data

Malaysian ringgit (MYR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy INR

1 MYR = INR

▼-0.2%

90d-highs

MYR to INR at 20.12 is 2.5% above its 3-month average of 19.62, having traded in a quite stable 5.1% range from 19.19 to 20.17

27-MAY 8PM-NY 28-MAY 1AM-LON 8AM-HK 10AM-SYD

Tracker

Manage Tracker

1 INR = 0.049479 MYR

Date	MYR/INR	Change	Period
14 May 2025	19.87	1.3% ▲	2 Week
27 Feb 2025	19.64	2.5% ▲	3 Month
28 May 2024	17.73	13.5% ▲	1 Year
29 May 2020	17.37	15.9% ▲	5 Year
31 May 2015	17.42	15.6% ▲	10 Year
02 Jun 2005	11.49	75.2% ▲	20 Year

MYR/INR historic rates & change to 28-May-2025

What are equivalent amounts of MYR and INR?

Here are some popular conversion amounts for MYR to INR (Malaysian ringgit to Indian rupee)*.

MYR	INR
RM 1	₹ 20.21
RM 5	₹ 101.05
RM 10	₹ 202.10
RM 20	₹ 404.20
RM 50	₹ 1,011
RM 100	₹ 2,021
RM 250	₹ 5,053
RM 500	₹ 10,105
RM 1,000	₹ 20,210
RM 2,000	₹ 40,420
RM 5,000	₹ 101,050
RM 10,000	₹ 202,100
RM 20,000	₹ 404,200
RM 50,000	₹ 1,010,500
RM 100,000	₹ 2,021,000

MYR	INR
RM 0.0495	₹ 1
RM 0.2474	₹ 5
RM 0.4948	₹ 10
RM 0.9896	₹ 20
RM 2.4740	₹ 50
RM 4.9479	₹ 100
RM 12.37	₹ 250
RM 24.74	₹ 500
RM 49.48	₹ 1,000
RM 98.96	₹ 2,000
RM 247.40	₹ 5,000
RM 494.79	₹ 10,000
RM 989.58	₹ 20,000
RM 2,474	₹ 50,000
RM 4,948	₹ 100,000

More amounts

*Converted at the current MYRINR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

Forecasts for MYR to INR

24 MayRecent exchange rate forecasts for the Malaysian ringgit (MYR) to Indian rupee (INR) have been influenced by a variety of geopolitical and economic factors. Analysts note that the U.S. administration's imposition of a 24% tariff on Malaysian imports is a significant development that could lead to increased volatility in the MYR. The tariffs have already contributed to a decline in regional currencies, signaling a tough environment for the MYR amidst broader fears of a global trade war.

Read our full review of recent MYR to INR forecasts.

How to get a good MYR to INR exchange rate

There are several ways to save on exchange rates when converting Malaysian ringgit to Indian rupee:

Shop around for the best MYR/INR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the MYR/INR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and INR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Indian rupee with Malaysian ringgit, then it's better for the MYR/INR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

Read our Currency guide to India — a practical currency and money guide to travel in India plus living and doing business with the Indian rupee.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Compare Rates

Will the Malaysian ringgit rise against the Indian rupee?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MYR/INR to your personalised Rate Tracker to track and benefit from currency movements.

Manage Tracker

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

Currency Country Guides

India (INR)

Malaysia (MYR)

How is the cost of living in India?

The cost of living in India is relatively low compared to developed countries. Basic goods and services cost less than 50% of what they cost in developed nations.

How is the expat life in India?

The expat life in India can be very exciting and enriching. There are many things to see and do, and the people are generally very friendly and welcoming. India can be a challenging place to live at times, but it is also very rewarding.

Any laws in India that foreigners should be aware of?

Foreign nationals are subject to all laws in India, including local, state and national laws. There is no special legal status or exemption from Indian law for foreigners.

What is doing business like in India?

There is no one-size-fits-all answer to this question, as the experience of doing business in India can vary greatly depending on the specific industry, company, and location. However, in general, doing business in India can be challenging due to the country's complex bureaucracy, red tape, and corruption. Additionally, businesses may find it difficult to find qualified workers, and infrastructure can be unreliable.

How is the economy in India?

The economy in India is complex and diversified. India is a newly industrialized country with a fast-growing economy. India's Gross Domestic Product (GDP) grew by 7.5% in 2016, and is expected to grow by 7.1% in 2017. India is the world's second-fastest growing economy after China.

Read more at our India (INR) country guide