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NZD to MYR Transfers Compared

NZD-MYR 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 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.

 
   

NZD to MYR Market Data

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

 
Sell NZD   →   Buy MYR
1 NZD = 2.4889 MYR
1d +0.3%
NZD to MYR at 2.4889 is 1.7% below its 3-month average of 2.5318, having traded in a quite stable 4.8% range from 2.4580 to 2.5754
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Tracker

Is the NZD to MYR 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 New Zealand dollar against the Malaysian ringgit is to review how the NZD/MYR rate has changed over time.

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

DateNZD/MYRChangePeriod
15 Aug 2025
2.4958
0.5% 2 Week
31 May 2025
2.5382
2.2% 3 Month
29 Aug 2024
2.7002
8% 1 Year
30 Aug 2020
2.8090
11.6% 5 Year
01 Sep 2015
2.6555
6.5% 10 Year
03 Sep 2005
2.6575
6.6% 20 Year
NZD/MYR historic rates & change to 29-Aug-2025
 

NZD to MYR 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 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 RM 2.4889
NZ$ 5 RM 12.44
NZ$ 10 RM 24.89
NZ$ 20 RM 49.78
NZ$ 50 RM 124.45
NZ$ 100 RM 248.89
NZ$ 250 RM 622.23
NZ$ 500 RM 1,244
NZ$ 1,000 RM 2,489
NZ$ 2,000 RM 4,978
NZ$ 5,000 RM 12,445
NZ$ 10,000 RM 24,889
NZ$ 20,000 RM 49,778
NZ$ 50,000 RM 124,445
NZ$ 100,000 RM 248,890
NZD MYR
NZ$ 0.4018 RM 1
NZ$ 2.0090 RM 5
NZ$ 4.0180 RM 10
NZ$ 8.0360 RM 20
NZ$ 20.09 RM 50
NZ$ 40.18 RM 100
NZ$ 100.45 RM 250
NZ$ 200.90 RM 500
NZ$ 401.80 RM 1,000
NZ$ 803.60 RM 2,000
NZ$ 2,009 RM 5,000
NZ$ 4,018 RM 10,000
NZ$ 8,036 RM 20,000
NZ$ 20,090 RM 50,000
NZ$ 40,180 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.

 
 

What is the best Send Money conversion rate for NZD to MYR?

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. 

How do NZD-MYR rates compare between providers?

The next best is XE at 2.474, -0.6% from the mid-rate.

Then Wise at 2.4715, which is -0.7% from the mid-rate.

Among the banks the ANZ Bank rate is 2.3497 at -5.6% the BNZ Bank rate is 2.3223 at -6.7% and the TSB Bank rate is 2.3074 at -7.3% compared to the mid-rate 2.4889.

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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