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    Citibank MYR to THB Exchange Rates Compared Live

    The Citibank MYR to THB rate is 7.4493. This is -2.6% below the mid-rate. Compare Citibank currency conversion rates - Reduce FX costs.

    MYR-THB Loading Rates ...
     

     

    What is the Citibank Send Money conversion rate for MYR to THB?

    The Citibank MYR to THB exchange rate is 7.4493. This is -2.6% compared to the latest MYR-THB mid-market rate 7.6482.

    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.

    How do Citibank MYR-THB rates compare between providers?

    Looking at our comparison table the best MYR to THB exchange rate is 7.61 from OFX, -0.5% from the mid-market rate 7.6482. The next best rate is 7.5947 from Wise, -0.7% from the mid-rate. Then WorldRemit with 7.5335 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 7.4111 at -3.1%, the OCBC Bank rate is 7.3805 at -3.5%, and the Maybank rate is 7.3805 at -3.5% compared to the mid-rate 7.6482.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank 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.

     

    Compare Rates

     

    The Citibank Ringgit to Baht comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest MYR-THB mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    Citibank Money Transfer

    Citibank's exchange rates for wire transfers are generally competitive and transparent, which makes it a good choice for customers who need to send or receive money internationally. However, it's always a good idea to compare rates and fees across different banks and financial institutions to ensure you're getting the best deal possible.

    FX Order Watch: Citibank's FX Order Watch allows customers to set their own exchange rates and automatically execute foreign exchange transactions when the desired exchange rate is reached.

    When you get a quote for your Citibank Wire Transfer from their website or in-app, you will see the Citibank exchange rate, but it can be difficult to then calculate how much mark-up you are being charged.

    While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

    How do Citibank international wire exchange rates compare?

    Sending or receiving international transfers to or from your Citibank bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

     
     

    MYR to THB Market Data

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

     
    Sell MYR   →   Buy THB
    1 MYR =
    7.6482We compare provider deals to this wholesale mid-market rate. Read more
    THB
    -0.1%
    MYR to THB at 7.6372 is near its 3-month average, having traded in a very stable 3.9% range from 7.4980 to 7.7918
    |
    Tracker

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      1 THB = 0.1307 MYR
    DateMYR/THBChangePeriod
    11 Apr 2025
    7.5688
    0.9% 2 Week
    25 Jan 2025
    7.6667
    0.3% 3 Month
    25 Apr 2024
    7.7488
    1.4% 1 Year
    26 Apr 2020
    7.4386
    2.7% 5 Year
    28 Apr 2015
    9.2023
    17% 10 Year
    30 Apr 2005
    10.41
    26.6% 20 Year
    MYR/THB historic rates & change to 25-Apr-2025
     

    What are equivalent amounts of MYR and THB?

    Here are some popular conversion amounts for MYR to THB (Malaysian ringgit to Thai baht)*.

    MYR THB
    RM 1 ฿ 7.6482
    RM 5 ฿ 38.24
    RM 10 ฿ 76.48
    RM 20 ฿ 152.96
    RM 50 ฿ 382.41
    RM 100 ฿ 764.82
    RM 250 ฿ 1,912
    RM 500 ฿ 3,824
    RM 1,000 ฿ 7,648
    RM 2,000 ฿ 15,296
    RM 5,000 ฿ 38,241
    RM 10,000 ฿ 76,482
    RM 20,000 ฿ 152,964
    RM 50,000 ฿ 382,410
    RM 100,000 ฿ 764,820
    MYR THB
    RM 0.1307 ฿ 1
    RM 0.6535 ฿ 5
    RM 1.3070 ฿ 10
    RM 2.6140 ฿ 20
    RM 6.5350 ฿ 50
    RM 13.07 ฿ 100
    RM 32.68 ฿ 250
    RM 65.35 ฿ 500
    RM 130.70 ฿ 1,000
    RM 261.40 ฿ 2,000
    RM 653.50 ฿ 5,000
    RM 1,307 ฿ 10,000
    RM 2,614 ฿ 20,000
    RM 6,535 ฿ 50,000
    RM 13,070 ฿ 100,000

    More amounts

    *Converted at the current MYRTHB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for MYR to THB

     

    Recent analyst forecasts for the MYR to THB exchange rate suggest a cautious outlook as the region grapples with the effects of escalating trade tensions initiated by U.S. tariffs. Following the announcement of a 24% tariff on imports from Malaysia by former President Trump, the Malaysian Ringgit (MYR) has encountered significant headwinds. Analysts note that Malaysia's decision not to retaliate and instead seek engagement may help stabilize the currency in the long run, but immediate impacts have been negative.

    Read our full review of recent MYR to THB forecasts.

     
    MYR note

    How to get a good MYR to THB exchange rate

    There are several ways to save on exchange rates when converting Malaysian ringgit to Thai baht:

    1. Shop around for the best MYR/THB exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the MYR/THB rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and THB at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Thai baht with Malaysian ringgit, then it's better for the MYR/THB exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    Read our Currency guide to Thailand — a practical currency and money guide to travel in Thailand plus living and doing business with the Thai baht.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

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    Will the Malaysian ringgit rise against the Thai baht?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MYR/THB to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    MalaysiaMalaysia (MYR)ThailandThailand (THB)
       
     
     
     

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    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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