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    HSBC MYR to THB Exchange Rates Compared Live

    The HSBC MYR to THB rate is 7.436. This is -3.7% below the mid-rate. Compare HSBC currency conversion rates - Reduce FX costs.

    MYR-THB Loading Rates ...
     
       
     

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

    The HSBC MYR to THB exchange rate is 7.436. This is -3.7% compared to the latest MYR-THB mid-market rate 7.7217.

    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 HSBC MYR-THB rates compare between providers?

    Looking at our comparison table the best MYR to THB exchange rate is 7.6831 from OFX, -0.5% from the mid-market rate 7.7217. The next best rate is 7.6676 from Wise, -0.7% from the mid-rate. Then WorldRemit with 7.6058 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 7.4823 at -3.1%, the OCBC Bank rate is 7.4514 at -3.5%, and the Maybank rate is 7.4514 at -3.5% compared to the mid-rate 7.7217.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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 HSBC Ringgit to Baht comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest MYR-THB mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    HSBC Exchange Rates

    Here we review HSBC's foreign exchange services and how their exchange rates compare to FX specialist providers, compare rates and check how you can save money when you send and spend abroad.

    HSBC, also known as the Hongkong and Shanghai Banking Corporation, is a multinational investment bank and financial services company based in London, UK. HSBC operates in over 60 countries and territories, including the UK, Hong Kong, China, Canada, the US, Australia, and throughout Europe, the Middle East, and Asia. The bank is well-known for its retail banking services, investment banking, and wealth management services, and has a large and diverse customer base.

    In terms of foreign exchange rates, HSBC offers competitive rates for international money transfers and foreign currency exchange services. Customers can transfer money overseas in a range of currencies, and the bank offers real-time exchange rate quotes and low transfer fees. HSBC also offers foreign currency accounts and multi-currency accounts, allowing customers to hold and manage multiple currencies in a single account.

    HSBC's foreign exchange rates are competitive with other major banks and financial institutions, and the bank has a strong reputation for providing reliable and secure services. However, it is always recommended that customers compare exchange rates and fees across different FX providers to ensure they are getting the best value for their money.

    When you get a quote for your Global Money Transfer from HSBC on their website or in-app, you can also see the HSBC exchange rate, but it can be difficult to then calculate how much you are being charged.

    HSBC does not publish their exchange rates publicly which is frustrating. However, our research shows that on average, HSBC profit margin for foreign exchange rates is somewhere between 2.8 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

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

     
     

    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 =
    7.7217We compare provider deals to this wholesale mid-market rate. Read more
    THB
    ▲+0.4%
    14d-highs
    MYR to THB at 7.7729 is 1.9% above its 3-month average of 7.6311, having traded in a very stable 3.9% range from 7.4980 to 7.7918
    |
    Tracker

    Manage Tracker   

      1 THB = 0.1295 MYR
    DateMYR/THBChangePeriod
    18 Apr 2025
    7.5660
    		2.2% ▲2 Week
    01 Feb 2025
    7.5888
    		1.8% ▲3 Month
    02 May 2024
    7.7375
    		0.1% ▼1 Year
    03 May 2020
    7.5764
    		2% ▲5 Year
    05 May 2015
    9.2674
    		16.6% ▼10 Year
    07 May 2005
    10.38
    		25.5% ▼20 Year
    MYR/THB historic rates & change to 02-May-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 ฿ 7.7217
    RM 5 ฿ 38.61
    RM 10 ฿ 77.22
    RM 20 ฿ 154.43
    RM 50 ฿ 386.09
    RM 100 ฿ 772.17
    RM 250 ฿ 1,930
    RM 500 ฿ 3,861
    RM 1,000 ฿ 7,722
    RM 2,000 ฿ 15,443
    RM 5,000 ฿ 38,609
    RM 10,000 ฿ 77,217
    RM 20,000 ฿ 154,434
    RM 50,000 ฿ 386,085
    RM 100,000 ฿ 772,170
    MYR THB
    RM 0.1295 ฿ 1
    RM 0.6475 ฿ 5
    RM 1.2950 ฿ 10
    RM 2.5900 ฿ 20
    RM 6.4750 ฿ 50
    RM 12.95 ฿ 100
    RM 32.38 ฿ 250
    RM 64.75 ฿ 500
    RM 129.50 ฿ 1,000
    RM 259.00 ฿ 2,000
    RM 647.50 ฿ 5,000
    RM 1,295 ฿ 10,000
    RM 2,590 ฿ 20,000
    RM 6,475 ฿ 50,000
    RM 12,950 ฿ 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 forecasts for the MYR to THB exchange rate suggest a challenging outlook amid escalating trade tensions and tariff impositions linked to the U.S. administration. Analysts note that the Malaysian ringgit (MYR) has recently faced pressure following the announcement of a 24% tariff on Malaysian imports by President Donald Trump. This move is part of a broader strategy that has affected several emerging Asian currencies, exacerbating concerns about a potential global trade war.

    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.

    Compare Rates

    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)
       
     
     
     

    Related exchange rates

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    0.2327
    MYRUSD 90 day chart
    —
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    THB/MYR
    0.1295
    THBMYR 90 day chart
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    14d-lows
    MYR/SGD
    0.3038
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    7.2863
    MYRTWD 90 day chart
    ▲+0.2%
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    Further reading on the Thai baht (THB) - Guides, Reviews & News from our research team.

    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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