The comparison table above helps you see the total cost of your OCBC Bank 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 OCBC Bank Exchange Rates & Fees - Save Time & Money
Our OCBC Bank MYR to EUR rate is 0.1968. This is -3.5% below the mid-rate.
MYR to EUR Market Data
Malaysian ringgit (MYR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR to EUR is at 30-day lows near 0.2039, just 0.8% below its 3-month average of 0.2056, having traded in a quite stable 5.7% range from 0.1988 to 0.2102
Is the MYR to EUR 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 Malaysian ringgit against the Euro is to review how the MYR/EUR rate has changed over time.
The table below shows the percentage change in the MYR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/EUR
Change
Period
30 May 2025
0.2070
1.4% ▼
2 Week
15 Mar 2025
0.2060
0.9% ▼
3 Month
13 Jun 2024
0.1978
3.2% ▲
1 Year
14 Jun 2020
0.2081
1.9% ▼
5 Year
16 Jun 2015
0.2372
13.9% ▼
10 Year
18 Jun 2005
0.2152
5.1% ▼
20 Year
MYR/EUR historic rates & change to 13-Jun-2025
#FX Update: EUR/MYR hits 30-day high at 4.9040, up 0.8% from 3M avg. Analysts cite ECB hawkishness & USD weakness for EUR strength, while MYR struggles under new 24% US tariffs. Watch for impact of Eurozone econ data & oil price moves ($74.23, +10.9% from Q1) on pair's direction
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
What is the
OCBC Bank Send Money conversion rate for MYR to EUR?
The OCBC Bank MYR to EUR exchange rate is 0.1968. This is -3.5% compared to the latest MYR-EUR mid-market rate 0.2039.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Malaysian ringgit (MYR) to Euro (EUR) rates from different sources before making a conversion.
The above
OCBC Bank - Ringgit to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OCBC Bank and other foreign exchange providers against the latest MYR-EUR mid-rate and the possible savings of using various providers.
How do OCBC Bank MYR-EUR rates compare between providers?
Looking at the full
MYR to EUR - Send Money comparison table the provider with the best MYR to EUR exchange rate is OFX at 0.2029, -0.49% from the latest mid-market rate 0.2039.
The next best is Wise at 0.2025, -0.69% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like OCBC Bank 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.
The recent exchange rate forecasts for the Malaysian Ringgit (MYR) to Euro (EUR) reflect a complex interplay of geopolitical developments and regional economic dynamics.