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NZD to MYR Exchange Rates & Currency Deals

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’.

 
 
   

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 2.3750 is 1.5% below its 3-month average of 2.4107, having traded in a fairly volatile 8.6% range from 2.3228 to 2.5235
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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
24 Nov 2025
2.3231
2.3% 2 Week
09 Sep 2025
2.4927
4.6% 3 Month
08 Dec 2024
2.5814
7.9% 1 Year
09 Dec 2020
2.8517
16.6% 5 Year
11 Dec 2015
2.8976
18% 10 Year
13 Dec 2005
2.6682
10.9% 20 Year
NZD/MYR historic rates & change to 08-Dec-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 2.3776
NZ$ 5 RM 11.89
NZ$ 10 RM 23.78
NZ$ 20 RM 47.55
NZ$ 50 RM 118.88
NZ$ 100 RM 237.76
NZ$ 250 RM 594.40
NZ$ 500 RM 1,189
NZ$ 1,000 RM 2,378
NZ$ 2,000 RM 4,755
NZ$ 5,000 RM 11,888
NZ$ 10,000 RM 23,776
NZ$ 20,000 RM 47,552
NZ$ 50,000 RM 118,880
NZ$ 100,000 RM 237,760
NZD MYR
NZ$ 0.4206 RM 1
NZ$ 2.1030 RM 5
NZ$ 4.2060 RM 10
NZ$ 8.4120 RM 20
NZ$ 21.03 RM 50
NZ$ 42.06 RM 100
NZ$ 105.15 RM 250
NZ$ 210.30 RM 500
NZ$ 420.60 RM 1,000
NZ$ 841.20 RM 2,000
NZ$ 2,103 RM 5,000
NZ$ 4,206 RM 10,000
NZ$ 8,412 RM 20,000
NZ$ 21,030 RM 50,000
NZ$ 42,060 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 2.3667 from Wise. This is -0.46% compared to the mid-market rate 2.3776.

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 Wise at 2.3667, -0.46% from the latest mid-market rate 2.3776.

The next best is OFX at 2.3657, -0.5% from the mid-rate.

Then XE at 2.3633, 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.

 

Compare NZD to MYR Transfer Rates

   

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