Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

OCBC Bank MYR to USD Transfers Compared

MYR-USD Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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 USD rate is 0.226. This is -3.5% below the mid-rate.

 
 
   

MYR to USD Market Data

Malaysian ringgit (MYR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy USD
1 MYR = 0.2342 USD
-0.7%
30d-lows
MYR to USD is at 30-day lows near 0.2342, just 0.5% below its 3-month average of 0.2354, having traded in a very stable 3.3% range from 0.2305 to 0.2382
|
Tracker

Is the MYR to USD 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 US dollar is to review how the MYR/USD rate has changed over time.

The table below shows the percentage change in the MYR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMYR/USDChangePeriod
17 Jul 2025
0.2355
0.2% 2 Week
02 May 2025
0.2342
0.4% 3 Month
31 Jul 2024
0.2177
8% 1 Year
01 Aug 2020
0.2358
0.3% 5 Year
03 Aug 2015
0.2597
9.5% 10 Year
05 Aug 2005
0.2666
11.8% 20 Year
MYR/USD historic rates & change to 31-Jul-2025
Recent forecasts show the USD to MYR rate strengthening, now near 4.2465, driven by a hawkish Fed and strong GDP recovery. Experts note that US tariffs on Malaysia add pressure to the MYR, mirroring broader regional declines. The outlook hinges on Fed policies and global oil prices

 

MYR to USD 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 Malaysian ringgit are worth in US dollar across a range of amounts.

This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :

MYR USD
RM 1 $ 0.2342
RM 5 $ 1.1710
RM 10 $ 2.3420
RM 20 $ 4.6840
RM 50 $ 11.71
RM 100 $ 23.42
RM 250 $ 58.55
RM 500 $ 117.10
RM 1,000 $ 234.20
RM 2,000 $ 468.40
RM 5,000 $ 1,171
RM 10,000 $ 2,342
RM 20,000 $ 4,684
RM 50,000 $ 11,710
RM 100,000 $ 23,420
MYR USD
RM 4.2690 $ 1
RM 21.35 $ 5
RM 42.69 $ 10
RM 85.38 $ 20
RM 213.45 $ 50
RM 426.90 $ 100
RM 1,067 $ 250
RM 2,135 $ 500
RM 4,269 $ 1,000
RM 8,538 $ 2,000
RM 21,345 $ 5,000
RM 42,690 $ 10,000
RM 85,380 $ 20,000
RM 213,450 $ 50,000
RM 426,900 $ 100,000

More amounts

*Converted at the current MYR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the OCBC Bank Send Money conversion rate for MYR to USD?

The OCBC Bank MYR to USD exchange rate is 0.226. This is -3.5% compared to the latest MYR-USD mid-market rate 0.2342.

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 US dollar (USD) rates from different sources before making a conversion.

The above OCBC Bank - Ringgit to Dollar 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-USD mid-rate and the possible savings of using various providers. 

How do OCBC Bank MYR-USD rates compare between providers?

Looking at the full MYR to USD - Send Money comparison table the provider with the best MYR to USD exchange rate is OFX at 0.233, -0.51% from the latest mid-market rate 0.2342.

The next best is Wise at 0.2326, -0.68% from the mid-rate.

Then WorldRemit at 0.2307, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2269 at -3.1% the OCBC Bank rate is 0.226 at -3.5% and the Maybank rate is 0.226 at -3.5% compared to the mid-rate 0.2342.

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.

 

Currency Forecasts related to MYR/USD

MYR to USD 2025 Forecasts

Read more

MYR to EUR 2025 Forecasts

Read more

MYR to JPY 2025 Forecasts

Read more

View a full list of exchange rates by selecting your Base (from) currency: