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    PayPal MYR to INR Exchange Rates Compared Live

    The PayPal MYR to INR rate is 18.85. This is -3.3% below the mid-rate. Compare PayPal currency conversion rates - Reduce FX costs.

    MYR-INR Loading Rates ...
     
     

    What is the PayPal Send Money conversion rate for MYR to INR?

    The PayPal MYR to INR exchange rate is 18.85. This is -3.3% compared to the latest MYR-INR mid-market rate 19.49.

    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.

    How do PayPal MYR-INR rates compare between providers?

    Looking at our comparison table the best MYR to INR exchange rate is 19.35 from Wise, -0.72% from the mid-market rate 19.49. The next best rate is 19.25612 from , -1.2% from the mid-rate. Then WorldRemit with 19.12 is -1.9% from the mid-rate.

    Among the banks, the CIMB Bank rate is 18.89 at -3.1%, the OCBC Bank rate is 18.81 at -3.5%, and the Maybank rate is 18.81 at -3.5% compared to the mid-rate 19.49.

    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.

     

    Compare Rates

     

    The PayPal Ringgit to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by PayPal and other foreign exchange providers against the latest MYR-INR mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    PayPal exchange rates at a glance

    When you use the PayPal to make a foreign transfer the total cost will depend on how you pay, but generally you will be charged between 4%-7% percent of the total amount being converted depending on how you pay.

    When you use a debit/credit card to pay for your transfer you will be charged an extra 3% when you load your PayPal wallet.

    How is the PayPal exchange rate calculated?

    The base foreign exchange rate at which PayPal obtains foreign currency is determined by 3rd party financial institutions, and are adjusted regularly based on market conditions. The exchange rate that PayPal then provides you also includes a processing fee above the base rate.

    The exchange rate provided by PayPal is fixed for each currency and does not change for small or large amounts.

    If you use your credit card to send a payment, you can usually opt to use your credit card provider’s conversion rate instead of PayPal's.

    If you choose to use MasterCard or Visa’s exchange rate, the applied conversion rate will be shown on your credit card statement, and not at the time of the transaction.

    When you use the PayPal App in the US to send a payment to a different currency, you will be using Xoom, a PayPal Service.

     
     

    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 =
    19.49We compare provider deals to this wholesale mid-market rate. Read more
    INR
    ▼-0.1%
    30d-highs
    MYR to INR at 19.51 is near its 3-month average, having traded in a very stable 3.1% range from 19.19 to 19.79
    |
    Tracker

    Manage Tracker   

      1 INR = 0.051314 MYR
    DateMYR/INRChangePeriod
    14 Apr 2025
    19.49
    		0.2% ▲2 Week
    28 Jan 2025
    19.71
    		1% ▼3 Month
    28 Apr 2024
    17.49
    		11.6% ▲1 Year
    29 Apr 2020
    17.35
    		12.5% ▲5 Year
    01 May 2015
    17.79
    		9.7% ▲10 Year
    03 May 2005
    11.47
    		70.2% ▲20 Year
    MYR/INR historic rates & change to 28-Apr-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 ₹ 19.49
    RM 5 ₹ 97.45
    RM 10 ₹ 194.90
    RM 20 ₹ 389.80
    RM 50 ₹ 974.50
    RM 100 ₹ 1,949
    RM 250 ₹ 4,873
    RM 500 ₹ 9,745
    RM 1,000 ₹ 19,490
    RM 2,000 ₹ 38,980
    RM 5,000 ₹ 97,450
    RM 10,000 ₹ 194,900
    RM 20,000 ₹ 389,800
    RM 50,000 ₹ 974,500
    RM 100,000 ₹ 1,949,000
    MYR INR
    RM 0.0513 ₹ 1
    RM 0.2566 ₹ 5
    RM 0.5131 ₹ 10
    RM 1.0263 ₹ 20
    RM 2.5657 ₹ 50
    RM 5.1314 ₹ 100
    RM 12.83 ₹ 250
    RM 25.66 ₹ 500
    RM 51.31 ₹ 1,000
    RM 102.63 ₹ 2,000
    RM 256.57 ₹ 5,000
    RM 513.14 ₹ 10,000
    RM 1,026 ₹ 20,000
    RM 2,566 ₹ 50,000
    RM 5,131 ₹ 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

     

    The current outlook for the MYR to INR exchange rate is influenced by a combination of geopolitical tensions, tariffs, and fluctuating oil prices. Recent trade policy announcements, particularly from U.S. President Donald Trump, have introduced significant uncertainty into emerging Asian currencies, including the Malaysian Ringgit (MYR) and the Indian Rupee (INR).

    Read our full review of recent MYR to INR forecasts.

     
    MYR to INR flags

    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:

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    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.

     
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    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

    IndiaIndia (INR)MalaysiaMalaysia (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.

    Read more at our India (INR) country guide

       
     
     
     

    Related exchange rates

    MYR/USD
    0.2287
    MYRUSD 90 day chart
    ▼-0.1%
    MYR/SGD
    0.3010
    MYRSGD 90 day chart
    —
    MYR/TWD
    7.4344
    MYRTWD 90 day chart
    ▼-0.1%
    14d-highs
    MYR/AUD
    0.3583
    MYRAUD 90 day chart
    ▲+0.4%
    MYR/HKD
    1.7744
    MYRHKD 90 day chart
    ▼-0.1%

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    Further reading on the Indian rupee (INR) - Guides, Reviews & News from our research team.

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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