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’.
New Zealand dollar (NZD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
NZD/MYR Outlook: The NZD/MYR exchange rate is currently below its recent average and near the lower end of its 3-month range, indicating a bearish outlook.
NZD/USD Outlook: NZD/USD is slightly positive but likely to move sideways as it trades above its 90-day average and is near recent highs.
USD/MYR Outlook: The USD/MYR is likely to decrease as it trades significantly below its recent average and is near recent lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much New Zealand dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different NZD amounts at today’s rate * :
| NZD | MYR |
|---|---|
| NZ$ 1,000 | RM 2,331 |
| NZ$ 5,000 | RM 11,655 |
| NZ$ 20,000 | RM 46,618 |
| NZ$ 100,000 | RM 233,090 |
| NZD | MYR |
|---|---|
| NZ$ 429.00 | RM 1,000 |
| NZ$ 2,145 | RM 5,000 |
| NZ$ 8,580 | RM 20,000 |
| NZ$ 42,900 | RM 100,000 |
More amounts
*Converted at the current NZD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best NZD to MYR exchange rate is 2.32 from Wise. This is -0.47% compared to the mid-market rate 2.3309.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above Kiwi to Ringgit 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 NZD-MYR mid-rate and the possible savings of using various providers.
Looking at the full NZD to MYR - Send Money comparison table the provider with the best NZD to MYR exchange rate is Wise at 2.32, -0.47% from the latest mid-market rate 2.3309.
The next best is OFX at 2.3193, -0.5% from the mid-rate.
Then XE at 2.3169, which is -0.6% from the mid-rate.
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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