Compare Best MYR to NZD transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to New Zealand 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 New Zealand bank accounts or pay a New Zealand dollar invoice.

MYR to NZD Market Data

Malaysian ringgit (MYR) to New Zealand dollar (NZD) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy NZD

1 MYR = 0.4133 NZD

1d−0.2%▼

MYR to NZD is at 7-day lows near 0.4120, 2.2% above its 3-month average of 0.4033, having traded in a quite stable 5.7% range from 0.3912 to 0.4136

20-OCT 8PM-NY 21-OCT 1AM-LON 8AM-HK 11AM-SYD

Tracker

1 NZD = 2.4196 MYR

Is the MYR to NZD 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 New Zealand dollar is to review how the MYR/NZD rate has changed over time.

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

Date	MYR/NZD	Change	Period
07 Oct 2025	0.4093	0.9% ▲	2 Week
23 Jul 2025	0.3912	5.5% ▲	3 Month
21 Oct 2024	0.3853	7.2% ▲	1 Year
22 Oct 2020	0.3617	14.2% ▲	5 Year
24 Oct 2015	0.3489	18.3% ▲	10 Year
26 Oct 2005	0.3771	9.5% ▲	20 Year

MYR/NZD historic rates & change to 21-Oct-2025

MYR to NZD 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 New Zealand dollar 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	NZD
RM 1	NZ$ 0.4133
RM 5	NZ$ 2.0665
RM 10	NZ$ 4.1330
RM 20	NZ$ 8.2660
RM 50	NZ$ 20.67
RM 100	NZ$ 41.33
RM 250	NZ$ 103.33
RM 500	NZ$ 206.65
RM 1,000	NZ$ 413.30
RM 2,000	NZ$ 826.60
RM 5,000	NZ$ 2,067
RM 10,000	NZ$ 4,133
RM 20,000	NZ$ 8,266
RM 50,000	NZ$ 20,665
RM 100,000	NZ$ 41,330

MYR	NZD
RM 2.4196	NZ$ 1
RM 12.10	NZ$ 5
RM 24.20	NZ$ 10
RM 48.39	NZ$ 20
RM 120.98	NZ$ 50
RM 241.96	NZ$ 100
RM 604.90	NZ$ 250
RM 1,210	NZ$ 500
RM 2,420	NZ$ 1,000
RM 4,839	NZ$ 2,000
RM 12,098	NZ$ 5,000
RM 24,196	NZ$ 10,000
RM 48,392	NZ$ 20,000
RM 120,980	NZ$ 50,000
RM 241,960	NZ$ 100,000

More amounts

*Converted at the current MYR-NZD 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 NZD?

The best MYR to NZD exchange rate is 0.4112 from OFX . This is -0.51% compared to the mid-market rate 0.4133.

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 New Zealand dollar (NZD) rates from different sources before making a conversion.

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

How do MYR-NZD rates compare between providers?

Looking at the full MYR to NZD - Send Money comparison table the provider with the best MYR to NZD exchange rate is OFX at 0.4112, -0.51% from the latest mid-market rate 0.4133.

The next best is Wise at 0.4104, -0.7% from the mid-rate.

Then WorldRemit at 0.4071, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.391 at -5.4% the OCBC Bank rate is 0.3988 at -3.5% and the Maybank rate is 0.3988 at -3.5% compared to the mid-rate 0.4133.

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/NZD

MYR to NZD Transfers Compared

MYR-NZD Rate Calculator