Compare Best MYR to TWD rates | Best Exchange Rates

MYR to TWD Market Data

Malaysian ringgit (MYR) to New Taiwan dollar (TWD) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell MYR → Buy TWD

1 MYR = 7.2186 TWD

1d−0.7%▼

MYR to TWD is at 7-day lows near 7.2186, 2.8% above its 3-month average of 7.025, having traded in a relatively stable 6.2% range from 6.8510 to 7.2731

05-SEP 8PM-NY 06-SEP 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 TWD = 0.1385 MYR

Is the MYR to TWD 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 New Taiwan dollar is to review how the MYR/TWD rate has changed over time.

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

Date	MYR/TWD	Change	Period
07 Jul 2023	6.6977	2.6% ▲	2 Week
22 Apr 2023	6.9039	0.5% ▼	3 Month
21 Jul 2022	6.7075	2.4% ▲	1 Year
22 Jul 2018	7.5300	8.8% ▼	5 Year
23 Jul 2013	9.3904	26.8% ▼	10 Year
26 Jul 2003	9.1119	24.6% ▼	20 Year

MYR/TWD historic rates & change to 21-Jul-2023

MYR to TWD 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 New Taiwan dollar 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	TWD
RM 1	NT$ 7.2186
RM 5	NT$ 36.09
RM 10	NT$ 72.19
RM 20	NT$ 144.37
RM 50	NT$ 360.93
RM 100	NT$ 721.86
RM 250	NT$ 1,805
RM 500	NT$ 3,609
RM 1,000	NT$ 7,219
RM 2,000	NT$ 14,437
RM 5,000	NT$ 36,093
RM 10,000	NT$ 72,186
RM 20,000	NT$ 144,372
RM 50,000	NT$ 360,930
RM 100,000	NT$ 721,860

MYR	TWD
RM 0.1385	NT$ 1
RM 0.6925	NT$ 5
RM 1.3850	NT$ 10
RM 2.7700	NT$ 20
RM 6.9250	NT$ 50
RM 13.85	NT$ 100
RM 34.63	NT$ 250
RM 69.25	NT$ 500
RM 138.50	NT$ 1,000
RM 277.00	NT$ 2,000
RM 692.50	NT$ 5,000
RM 1,385	NT$ 10,000
RM 2,770	NT$ 20,000
RM 6,925	NT$ 50,000
RM 13,850	NT$ 100,000

More amounts

*Converted at the current MYR-TWD 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 TWD?

The best MYR to TWD exchange rate is 7.1681 from Wise. This is -0.7% compared to the mid-market rate 7.2186.

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 New Taiwan dollar (TWD) rates from different sources before making a conversion.

The above Ringgit to New Taiwan dollar 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-TWD mid-rate and the possible savings of using various providers.

How do MYR-TWD rates compare between providers?

Looking at the full MYR to TWD - Send Money comparison table the provider with the best MYR to TWD exchange rate is Wise at 7.1681, -0.7% from the latest mid-market rate 7.2186.

Then WorldRemit at 7.1103, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 6.9948 at -3.1% the OCBC Bank rate is 6.966 at -3.5% and the Maybank rate is 6.966 at -3.5% compared to the mid-rate 7.2186.

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.

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