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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
NZD to MYR at 2.5612 is just above its 3-month average, having traded in a relatively stable 6.3% range from 2.4765 to 2.6329
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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
13 Jun 2025
2.5553
0.5% 2 Week
29 Mar 2025
2.5344
1.3% 3 Month
27 Jun 2024
2.8713
10.6% 1 Year
28 Jun 2020
2.7538
6.8% 5 Year
30 Jun 2015
2.5510
0.6% 10 Year
02 Jul 2005
2.6046
1.4% 20 Year
NZD/MYR historic rates & change to 27-Jun-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 2.5606
NZ$ 5 RM 12.80
NZ$ 10 RM 25.61
NZ$ 20 RM 51.21
NZ$ 50 RM 128.03
NZ$ 100 RM 256.06
NZ$ 250 RM 640.15
NZ$ 500 RM 1,280
NZ$ 1,000 RM 2,561
NZ$ 2,000 RM 5,121
NZ$ 5,000 RM 12,803
NZ$ 10,000 RM 25,606
NZ$ 20,000 RM 51,212
NZ$ 50,000 RM 128,030
NZ$ 100,000 RM 256,060
NZD MYR
NZ$ 0.3905 RM 1
NZ$ 1.9525 RM 5
NZ$ 3.9050 RM 10
NZ$ 7.8100 RM 20
NZ$ 19.53 RM 50
NZ$ 39.05 RM 100
NZ$ 97.63 RM 250
NZ$ 195.25 RM 500
NZ$ 390.50 RM 1,000
NZ$ 781.00 RM 2,000
NZ$ 1,953 RM 5,000
NZ$ 3,905 RM 10,000
NZ$ 7,810 RM 20,000
NZ$ 19,525 RM 50,000
NZ$ 39,050 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?

The best NZD to MYR exchange rate is our partner deal rate of 2.5478 from OFX . This is -0.5% compared to the mid-market rate 2.5606.

The standard OFX NZD-MYR rate is 2.469, -3.6% from the mid-rate. Visit OFX here to secure the better rate.

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?

Looking at the full NZD to MYR - Send Money comparison table the provider with the best NZD to MYR exchange rate is OFX at 2.5478, -0.5% from the latest mid-market rate 2.5606.

The next best is XE at 2.5452, -0.6% from the mid-rate.

Then Wise at 2.5426, which is -0.7% from the mid-rate.

Among the banks the ANZ Bank rate is 2.4178 at -5.6% the BNZ Bank rate is 2.3896 at -6.7% and the TSB Bank rate is 2.3743 at -7.3% compared to the mid-rate 2.5606.

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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