Compare Best MYR to INR transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to India 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 India bank accounts or pay a Indian rupee invoice.

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 = 21.01 INR

1d0.0%−

90dhighs◓

MYR to INR at 20.94 is 2.0% above its 3-month average of 20.52, having traded in a quite stable 4.4% range from 20.10 to 20.98

11-SEP 8PM-NY 12-SEP 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 INR = 0.047587 MYR

Is the MYR to INR 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 Indian rupee is to review how the MYR/INR rate has changed over time.

The table below shows the percentage change in the MYR to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	MYR/INR	Change	Period
29 Aug 2025	20.87	0.6% ▲	2 Week
14 Jun 2025	20.28	3.5% ▲	3 Month
12 Sep 2024	19.38	8.3% ▲	1 Year
13 Sep 2020	17.69	18.7% ▲	5 Year
15 Sep 2015	15.50	35.4% ▲	10 Year
17 Sep 2005	11.63	80.5% ▲	20 Year

MYR/INR historic rates & change to 12-Sep-2025

MYR to INR 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 Indian rupee 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	INR
RM 1	₹ 21.01
RM 5	₹ 105.05
RM 10	₹ 210.10
RM 20	₹ 420.20
RM 50	₹ 1,051
RM 100	₹ 2,101
RM 250	₹ 5,253
RM 500	₹ 10,505
RM 1,000	₹ 21,010
RM 2,000	₹ 42,020
RM 5,000	₹ 105,050
RM 10,000	₹ 210,100
RM 20,000	₹ 420,200
RM 50,000	₹ 1,050,500
RM 100,000	₹ 2,101,000

MYR	INR
RM 0.0476	₹ 1
RM 0.2379	₹ 5
RM 0.4759	₹ 10
RM 0.9517	₹ 20
RM 2.3794	₹ 50
RM 4.7587	₹ 100
RM 11.90	₹ 250
RM 23.79	₹ 500
RM 47.59	₹ 1,000
RM 95.17	₹ 2,000
RM 237.94	₹ 5,000
RM 475.87	₹ 10,000
RM 951.74	₹ 20,000
RM 2,379	₹ 50,000
RM 4,759	₹ 100,000

More amounts

*Converted at the current MYR-INR 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 INR?

The best MYR to INR exchange rate is 20.87 from Wise. This is -0.67% compared to the mid-market rate 21.01.

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 Indian rupee (INR) rates from different sources before making a conversion.

The above Ringgit to Rupee 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-INR mid-rate and the possible savings of using various providers.

How do MYR-INR rates compare between providers?

Looking at the full MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 20.87, -0.67% from the latest mid-market rate 21.01.

Then WorldRemit at 20.62, which is -1.9% from the mid-rate.

Among the banks the CIMB Bank rate is 20.36 at -3.1% the OCBC Bank rate is 20.28 at -3.5% and the Maybank rate is 20.28 at -3.5% compared to the mid-rate 21.01.

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.

Currency Forecasts related to MYR/INR

MYR to INR Transfers Compared

MYR-INR Rate Calculator