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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’.
Sending money to Malaysia 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 Malaysia bank accounts or pay a Malaysian ringgit invoice.
New Zealand dollar (NZD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The NZD/MYR pair is bearish-to-range-bound, as it currently sits below the 90-day average and in the lower half of the 3-month range.
Bias: The NZD/USD is bullish-to-range-bound, currently above the 90-day average and in the upper half of the 3-month range.
USD/MYR Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by ongoing tariff concerns and US Federal Reserve policy shifts.
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 2,374 |
| NZ$ 5,000 | RM 11,871 |
| NZ$ 20,000 | RM 47,484 |
| NZ$ 100,000 | RM 237,420 |
| NZD | MYR |
|---|---|
| NZ$ 421.20 | RM 1,000 |
| NZ$ 2,106 | RM 5,000 |
| NZ$ 8,424 | RM 20,000 |
| NZ$ 42,120 | 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 2.3635 from Wise. This is -0.45% compared to the mid-market rate 2.3742.
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 2.3635, -0.45% from the latest mid-market rate 2.3742.
The next best is OFX at 2.3623, -0.5% from the mid-rate.
Then XE at 2.36, 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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