Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

MYR to ISK Transfers Compared

MYR-ISK 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’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Iceland 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 Iceland bank accounts or pay a Icelandic krona invoice.

 
   

MYR to ISK Market Data

Malaysian ringgit (MYR) to Icelandic krona (ISK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy ISK
1 MYR = 30.88 ISK
1d0.0%
 
MYR to ISK at 30.78 is 3.3% above its 3-month average of 29.8, having traded in a fairly volatile 8.6% range from 28.66 to 31.13
|
Tracker

Is the MYR to ISK 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 Icelandic krona is to review how the MYR/ISK rate has changed over time.

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

DateMYR/ISKChangePeriod
02 Dec 2025
30.93
0.2% 2 Week
17 Sep 2025
28.83
7% 3 Month
16 Dec 2024
30.98
0.4% 1 Year
17 Dec 2020
31.38
1.7% 5 Year
19 Dec 2015
30.41
1.5% 10 Year
21 Dec 2005
16.81
83.6% 20 Year
MYR/ISK historic rates & change to 16-Dec-2025

Currency Forecasts related to MYR/ISK

MYR to USD 2025 Forecasts

The Malaysian Ringgit (MYR) has been showing notable strength against the US Dollar (USD), recently reaching a 13-month high at approximately 0.2441 MYR/USD.

Read forecast

MYR to EUR 2025 Forecasts

Recent forecasts and analyst insights indicate a dynamic exchange rate landscape for the Malaysian Ringgit (MYR) against the Euro (EUR).

Read forecast

MYR to JPY 2025 Forecasts

The Malaysian Ringgit (MYR) has shown significant strength against the Japanese Yen (JPY), driven by a combination of favorable economic indicators for...

Read forecast

 

MYR to ISK 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 Icelandic krona 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 ISK
RM 1 kr 30.88
RM 5 kr 154.40
RM 10 kr 308.80
RM 20 kr 617.60
RM 50 kr 1,544
RM 100 kr 3,088
RM 250 kr 7,720
RM 500 kr 15,440
RM 1,000 kr 30,880
RM 2,000 kr 61,760
RM 5,000 kr 154,400
RM 10,000 kr 308,800
RM 20,000 kr 617,600
RM 50,000 kr 1,544,000
RM 100,000 kr 3,088,000
MYR ISK
RM 0.0324 kr 1
RM 0.1619 kr 5
RM 0.3238 kr 10
RM 0.6477 kr 20
RM 1.6192 kr 50
RM 3.2383 kr 100
RM 8.0958 kr 250
RM 16.19 kr 500
RM 32.38 kr 1,000
RM 64.77 kr 2,000
RM 161.92 kr 5,000
RM 323.83 kr 10,000
RM 647.66 kr 20,000
RM 1,619 kr 50,000
RM 3,238 kr 100,000

More amounts

*Converted at the current MYR-ISK 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 ISK?

The best MYR to ISK exchange rate is 30.65 from Wise. This is -0.74% compared to the mid-market rate 30.88.

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 Icelandic krona (ISK) rates from different sources before making a conversion.

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

How do MYR-ISK rates compare between providers?

Looking at the full MYR to ISK - Send Money comparison table the provider with the best MYR to ISK exchange rate is Wise at 30.65, -0.74% from the latest mid-market rate 30.88.

Among the banks the CIMB Bank rate is 29.21 at -5.4% the OCBC Bank rate is 29.8 at -3.5% and the Maybank rate is 29.8 at -3.5% compared to the mid-rate 30.88.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: