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MYR to INR - Travel Money Compared

MYR-INR Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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’.

 
 
   

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 = 20.34 INR
+0.2% since yesterday
MYR to INR at 20.33 is 2.9% above its 3-month average of 19.76, having traded in a relatively stable 6.2% range from 19.19 to 20.38
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Tracker

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:

DateMYR/INRChangePeriod
03 Jun 2025
20.19
0.3% 2 Week
19 Mar 2025
19.49
4% 3 Month
17 Jun 2024
17.69
14.5% 1 Year
18 Jun 2020
17.86
13.4% 5 Year
20 Jun 2015
16.99
19.2% 10 Year
22 Jun 2005
11.45
76.9% 20 Year
MYR/INR historic rates & change to 17-Jun-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 20.34
RM 5 101.70
RM 10 203.40
RM 20 406.80
RM 50 1,017
RM 100 2,034
RM 250 5,085
RM 500 10,170
RM 1,000 20,340
RM 2,000 40,680
RM 5,000 101,700
RM 10,000 203,400
RM 20,000 406,800
RM 50,000 1,017,000
RM 100,000 2,034,000
MYR INR
RM 0.0492 ₹ 1
RM 0.2458 ₹ 5
RM 0.4917 ₹ 10
RM 0.9833 ₹ 20
RM 2.4584 ₹ 50
RM 4.9167 ₹ 100
RM 12.29 ₹ 250
RM 24.58 ₹ 500
RM 49.17 ₹ 1,000
RM 98.33 ₹ 2,000
RM 245.84 ₹ 5,000
RM 491.67 ₹ 10,000
RM 983.34 ₹ 20,000
RM 2,458 ₹ 50,000
RM 4,917 ₹ 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.

 
   
India

Everyday Costs in in India

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide for India (IN)

For a traveler planning a one-week mid-range stay in India, budgeting around ₹35,000 to ₹50,000 (approximately $420 to $600) should offer a comfortable experience. This amount covers a range of activities and experiences. Here’s a breakdown of some typical daily expenses in Indian Rupees (₹):

  • 🍽️ Meal at a local restaurant: ₹300 - ₹800
  • ☕ Coffee: ₹100 - ₹200
  • 🚍 Public transport fare: ₹10 - ₹50
  • 📶 Prepaid SIM card: ₹300 - ₹800
  • 🏨 Budget hotel or Airbnb: ₹1,500 - ₹3,000 per night

Overall, India is generally considered a budget-friendly destination for travelers, especially when compared to countries like the United States and the UK. While dining and accommodation can be quite affordable, some tourist activities may add up. Traveler costs might be significantly lower in India, allowing for more activities on a tight budget compared to the average expenses in the U.S. and the UK, where costs are approximately 2-3 times higher for similar experiences.

Expat Living in India

Expats settling in India should budget around ₹40,000 to ₹80,000 per month to cover typical living costs adequately. This budget would include rent, utilities, groceries, transportation, and leisure activities. Here’s a general breakdown of monthly expenses in Indian Rupees:

  • Rent for a one-bedroom apartment in the city center: ₹20,000 - ₹50,000
  • Utilities: ₹1,500 - ₹3,000
  • Groceries: ₹3,000 - ₹6,000
  • Transportation: ₹2,000 - ₹4,000

When it comes to banking and financial transactions in India, it's advisable for expats to have a local bank account for everyday expenses. Credit and debit cards are widely accepted, although keeping some cash for small vendors is prudent. For sending and receiving money, services like Wise (formerly TransferWise) or OFX often provide better exchange rates and lower fees than traditional banks. While exchanging cash locally is convenient, online transfer services can offer significant savings, making them a preferable option for larger transactions or when settling down for an extended stay.

 

Currency Forecasts related to MYR/INR

MYR to INR 2025 Forecasts

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