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MYR to THB Transfers Compared

MYR-THB Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Thailand 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 Thailand bank accounts or pay a Thai baht invoice.

 
   

MYR to THB Market Data

Malaysian ringgit (MYR) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

MYR to THB at 8.1373 is 1.0% above its 3-month average of 8.0547, having traded in a fairly volatile 8.9% range from 7.6881 to 8.3747
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Currency Forecasts related to MYR/THB

MYR to THB Exchange Rate Forecast & Outlook

Currently, MYR/THB is trading near recent highs, holding close to 8.13, above its 3-month average. The dominant driver is risk sentiment, which is supporting safe-haven currencies like the THB.

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MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading close to 14-day highs near 0.2531, holding near its 90-day average. The pair remains within a stable range and is pressured by risk-off sentiment caused by geopolitical tensions and war risks.

Read forecast

USD to THB Exchange Rate Forecast & Outlook

Currently, USD/THB is trading close to the 90-day average but near recent highs, supported by risk-off sentiment and geopolitical tensions. The pair remains consolidating within its recent range, limited by...

Read forecast

MYR/THB trades around 8.13 with a mild downside bias amid global risk sentiment. Expect a range of 8.13–8.38 over the next three months. Safe-haven flows support the THB, but volatility and risk factors could lead to further pressure.

 

MYR to THB 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 Thai baht 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 THB
RM 1 ฿ 8.1574
RM 5 ฿ 40.79
RM 10 ฿ 81.57
RM 20 ฿ 163.15
RM 50 ฿ 407.87
RM 100 ฿ 815.74
RM 250 ฿ 2,039
RM 500 ฿ 4,079
RM 1,000 ฿ 8,157
RM 2,000 ฿ 16,315
RM 5,000 ฿ 40,787
RM 10,000 ฿ 81,574
RM 20,000 ฿ 163,148
RM 50,000 ฿ 407,870
RM 100,000 ฿ 815,740
MYR THB
RM 0.1226 ฿ 1
RM 0.6130 ฿ 5
RM 1.2260 ฿ 10
RM 2.4520 ฿ 20
RM 6.1300 ฿ 50
RM 12.26 ฿ 100
RM 30.65 ฿ 250
RM 61.30 ฿ 500
RM 122.60 ฿ 1,000
RM 245.20 ฿ 2,000
RM 613.00 ฿ 5,000
RM 1,226 ฿ 10,000
RM 2,452 ฿ 20,000
RM 6,130 ฿ 50,000
RM 12,260 ฿ 100,000

More amounts

*Converted at the current MYR-THB 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 THB?

The best MYR to THB exchange rate is 8.1166 from OFX . This is -0.5% compared to the mid-market rate 8.1574.

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 Thai baht (THB) rates from different sources before making a conversion.

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

How do MYR-THB rates compare between providers?

Looking at the full MYR to THB - Send Money comparison table the provider with the best MYR to THB exchange rate is OFX at 8.1166, -0.5% from the latest mid-market rate 8.1574.

The next best is Wise at 8.1084, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 7.9045 at -3.1% the OCBC Bank rate is 7.8719 at -3.5% and the Maybank rate is 7.8719 at -3.5% compared to the mid-rate 8.1574.

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: