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Malaysian ringgit (MYR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🟢 Mild upside
23.7400 – 24.4710
🌍 Global risk sentiment
⚪ Range-bound
Currently, MYR/INR is trading close to 7-day highs near 23.74, holding above its 3-month average. The dominant driver, risk sentiment, remains heavily risk-off, supported by geopolitical tensions and oil price...
Currently, MYR/USD is trading close to 7-day lows near 0.2522, just below its 3-month average. Risk-off sentiment supported by geopolitical tensions and energy prices is pressuring the pair.
Currently, USD/INR is trading close to 94.10, above its 3-month average of 92.24. The pair is supported by risk-off sentiment and safe-haven flows, which keep the US Dollar buoyant.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OCBC Bank MYR to INR exchange rate is 22.9. This is -3.5% compared to the latest MYR-INR mid-market rate 23.73.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above OCBC Bank - Ringgit to Rupee 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-INR mid-rate and the possible savings of using various providers.
Looking at the full MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 23.58, -0.63% from the latest mid-market rate 23.73.
Among the banks the CIMB Bank rate is 22.99 at -3.1% the OCBC Bank rate is 22.9 at -3.5% and the Maybank rate is 22.9 at -3.5% compared to the mid-rate 23.73.
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.
View a full list of exchange rates by selecting your Base (from) currency: