Rate direction
Malaysian ringgit to Thai baht · MYR/THB trend
Review the recent market direction, current mid-market rate and significant movement alerts.
MYR/THB exchange rate
90-day market context
MYR to THB is at 30-day lows near 8.0748, 1.1% below its 3-month average of 8.1687, having traded in a quite stable 4.1% range from 7.9442 to 8.2719
Quick MYR/THB forecast
Currency Forecasts related to MYR/THB
MYR to THB Exchange Rate Forecast & Outlook
Currently, MYR/THB is trading near 8.208, close to its 3-month average and within a stable range. The pair’s recent sideways movement reflects a balanced macro environment with no clear catalyst to push it...
MYR to THB Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*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 8.0577 from OFX . This is -0.5% compared to the mid-market rate 8.0982.
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 8.0577, -0.5% from the latest mid-market rate 8.0982.
The next best is Wise at 8.0496, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 7.9046 at -2.4% and the Maybank rate is 7.8148 at -3.5% compared to the mid-rate 8.0982.
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.