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 details and click ‘Get Rates’.
NZD to MYR Market Data
New Zealand dollar (NZD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
NZD to MYR at 2.5466 is near its 3-month average, having traded in a relatively stable 6.3% range from 2.4765 to 2.6329
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Tracker
1 MYR =
0.3900 NZD
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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:
NZD to MYR currently at 2.5211, just below the three-month average. FX analysts note NZD's strength from rising dairy prices but warn of geopolitical headwinds and tariff concerns. MYR rebounds on foreign investment optimism but remains sensitive to oil price volatility. 10-Mar
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 * :
The standard OFX NZD-MYR rate is 2.482, -3.2% 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 comparison table
the best NZD to MYR exchange rate is 2.5515 from OFX, -0.5% from the mid-market rate 2.5643. The next best rate is 2.5489 from XE, -0.6% from the mid-rate. Then Wise with 2.5463 is -0.7% from the mid-rate.
Among the banks the ANZ Bank rate is 2.4307 at -5.2% the BNZ Bank rate is 2.4025 at -6.3% and the TSB Bank rate is 2.3871 at -6.9% compared to the mid-rate 2.5643.
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.