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MYR to TWD Transfers Compared

MYR-TWD Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Taiwan 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 Taiwan bank accounts or pay a New Taiwan dollar invoice.

 
   

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 = 8.0627 TWD
1d−0.2%
90dHighs
MYR to TWD at 8.0627 is 2.4% above its 3-month average of 7.874, having traded in a relatively stable 7.0% range from 7.5532 to 8.0847
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Tracker

Currency Forecasts related to MYR/TWD

MYR to TWD Exchange Rate Forecast & Outlook

MYR to TWD Forecast In the near term, MYR/TWD is trading close to its recent highs while holding near the 90-day average.

Read forecast

MYR to USD Exchange Rate Forecast & Outlook

MYR to USD Forecast In the near term, MYR/USD is trading close to recent lows and finding support around the 30-day lows.

Read forecast

USD to TWD Exchange Rate Forecast & Outlook

USD to TWD Forecast In the near term, USD/TWD is trading close to recent highs within its 3-month range, supported by risk-off sentiment.

Read forecast

 

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$ 8.0627
RM 5 NT$ 40.31
RM 10 NT$ 80.63
RM 20 NT$ 161.25
RM 50 NT$ 403.14
RM 100 NT$ 806.27
RM 250 NT$ 2,016
RM 500 NT$ 4,031
RM 1,000 NT$ 8,063
RM 2,000 NT$ 16,125
RM 5,000 NT$ 40,314
RM 10,000 NT$ 80,627
RM 20,000 NT$ 161,254
RM 50,000 NT$ 403,135
RM 100,000 NT$ 806,270
MYR TWD
RM 0.1240 NT$ 1
RM 0.6200 NT$ 5
RM 1.2400 NT$ 10
RM 2.4800 NT$ 20
RM 6.2000 NT$ 50
RM 12.40 NT$ 100
RM 31.00 NT$ 250
RM 62.00 NT$ 500
RM 124.00 NT$ 1,000
RM 248.00 NT$ 2,000
RM 620.00 NT$ 5,000
RM 1,240 NT$ 10,000
RM 2,480 NT$ 20,000
RM 6,200 NT$ 50,000
RM 12,400 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 8.0022 from Wise. This is -0.75% compared to the mid-market rate 8.0627.

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 8.0022, -0.75% from the latest mid-market rate 8.0627.

Among the banks the CIMB Bank rate is 7.8128 at -3.1% the OCBC Bank rate is 7.7805 at -3.5% and the Maybank rate is 7.7805 at -3.5% compared to the mid-rate 8.0627.

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: