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MYR to QAR Transfers Compared

MYR-QAR 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 Qatar 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 Qatar bank accounts or pay a Qatari rial invoice.

 
   

MYR to QAR Market Data

Malaysian ringgit (MYR) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy QAR
1 MYR = 0.8971 QAR
1d−0.3%▼
 
MYR to QAR at 0.8977 is 2.0% above its 3-month average of 0.8802, having traded in a quite stable 4.7% range from 0.8607 to 0.9012
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Tracker
  1 QAR = 1.1147 MYR

Is the MYR to QAR 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 Qatari rial is to review how the MYR/QAR rate has changed over time.

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

DateMYR/QARChangePeriod
25 Dec 2025
0.9003
0.2% ▼2 Week
10 Oct 2025
0.8622
4.2% ▲3 Month
08 Jan 2025
0.8090
11.1% ▲1 Year
09 Jan 2021
0.9029
0.5% ▼5 Year
11 Jan 2016
0.8268
8.7% ▲10 Year
13 Jan 2006
0.9731
7.7% ▼20 Year
MYR/QAR historic rates & change to 08-Jan-2026

Currency Forecasts related to MYR/QAR

MYR to USD 2026 Forecasts

The Malaysian Ringgit (MYR) has seen notable appreciation against the US dollar (USD), recently reaching 90-day highs near 0.2470, which is 2.7% above its...

Read forecast

USD to QAR 2026 Forecasts

The USD to QAR exchange rate appears range-bound in the near term.

Read forecast

MYR to EUR 2026 Forecasts

The recent analysis of the MYR to EUR exchange rate highlights a period of relative strength for the Malaysian Ringgit (MYR) alongside a cautious euro (EUR) environment.

Read forecast

 

MYR to QAR 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 Qatari rial 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 QAR
RM 1 ﷼ 0.8971
RM 5 ﷼ 4.4855
RM 10 ﷼ 8.9710
RM 20 ﷼ 17.94
RM 50 ﷼ 44.86
RM 100 ﷼ 89.71
RM 250 ﷼ 224.28
RM 500 ﷼ 448.55
RM 1,000 ﷼ 897.10
RM 2,000 ﷼ 1,794
RM 5,000 ﷼ 4,486
RM 10,000 ﷼ 8,971
RM 20,000 ﷼ 17,942
RM 50,000 ﷼ 44,855
RM 100,000 ﷼ 89,710
MYR QAR
RM 1.1147 ﷼ 1
RM 5.5735 ﷼ 5
RM 11.15 ﷼ 10
RM 22.29 ﷼ 20
RM 55.74 ﷼ 50
RM 111.47 ﷼ 100
RM 278.68 ﷼ 250
RM 557.35 ﷼ 500
RM 1,115 ﷼ 1,000
RM 2,229 ﷼ 2,000
RM 5,574 ﷼ 5,000
RM 11,147 ﷼ 10,000
RM 22,294 ﷼ 20,000
RM 55,735 ﷼ 50,000
RM 111,470 ﷼ 100,000

More amounts

*Converted at the current MYR-QAR 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 QAR?

The best MYR to QAR exchange rate is 0.8904 from Wise. This is -0.75% compared to the mid-market rate 0.8971.

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 Qatari rial (QAR) rates from different sources before making a conversion.

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

How do MYR-QAR rates compare between providers?

Looking at the full MYR to QAR - Send Money comparison table the provider with the best MYR to QAR exchange rate is Wise at 0.8904, -0.75% from the latest mid-market rate 0.8971.

Among the banks the CIMB Bank rate is 0.8487 at -5.4% the OCBC Bank rate is 0.8657 at -3.5% and the Maybank rate is 0.8657 at -3.5% compared to the mid-rate 0.8971.

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: