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’.
Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
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 US dollar is to review how the MYR/USD rate has changed over time.
The table below shows the percentage change in the MYR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MYR/USD | Change | Period |
|---|---|---|---|
08 Dec 2025 | 0.2430 | 0.9% ▲ | 2 Week |
23 Sep 2025 | 0.2382 | 2.9% ▲ | 3 Month |
22 Dec 2024 | 0.2218 | 10.6% ▲ | 1 Year |
23 Dec 2020 | 0.2461 | 0.4% ▼ | 5 Year |
25 Dec 2015 | 0.2332 | 5.1% ▲ | 10 Year |
27 Dec 2005 | 0.2646 | 7.3% ▼ | 20 Year |
The Malaysian Ringgit (MYR) has witnessed notable strength against the US Dollar (USD) recently, as it reached a 13-month high at 0.2453.
The exchange rate forecast for the Malaysian Ringgit (MYR) to Euro (EUR) reflects a complex interplay of recent developments across both currencies.
The Malaysian Ringgit (MYR) has recently appreciated significantly against the Japanese Yen (JPY), reaching 90-day highs near 38.69, which is 5.3% above its...
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in US 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 * :
*Converted at the current MYR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MYR to USD exchange rate is 0.2445 from OFX . This is -0.29% compared to the mid-market rate 0.2452.
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 US dollar (USD) rates from different sources before making a conversion.
The above Ringgit to 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-USD mid-rate and the possible savings of using various providers.
Looking at the full MYR to USD - Send Money comparison table the provider with the best MYR to USD exchange rate is OFX at 0.2445, -0.29% from the latest mid-market rate 0.2452.
The next best is Wise at 0.244, -0.49% from the mid-rate.
Among the banks the CIMB Bank rate is 0.2376 at -3.1% the OCBC Bank rate is 0.2366 at -3.5% and the Maybank rate is 0.2366 at -3.5% compared to the mid-rate 0.2452.
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:
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