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Standard Chartered MYR to USD Exchange Rates & Currency Deals

MYR-USD Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Standard Chartered 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’.

 
 
   

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 = 0.2347 USD
-0.1%
14d-lows
MYR to USD is at 14-day lows near 0.2352, 1.8% above its 3-month average of 0.231, having traded in a relatively stable 6.8% range from 0.2227 to 0.2378
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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
05 Jun 2025
0.2364
0.7% 2 Week
21 Mar 2025
0.2261
3.8% 3 Month
19 Jun 2024
0.2125
10.4% 1 Year
20 Jun 2020
0.2343
0.2% 5 Year
22 Jun 2015
0.2680
12.4% 10 Year
24 Jun 2005
0.2631
10.8% 20 Year
MYR/USD historic rates & change to 19-Jun-2025
The USD/MYR is currently trading at 4.2505, 1.8% below its three-month avg. of 4.33. Geopolitical tensions and US tariffs on Malaysian imports are pressuring the MYR, though rising oil prices may offer some support. Analysts suggest USD may find strength amidst such uncertainties

 

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 $ 0.2347
RM 5 $ 1.1735
RM 10 $ 2.3470
RM 20 $ 4.6940
RM 50 $ 11.74
RM 100 $ 23.47
RM 250 $ 58.68
RM 500 $ 117.35
RM 1,000 $ 234.70
RM 2,000 $ 469.40
RM 5,000 $ 1,174
RM 10,000 $ 2,347
RM 20,000 $ 4,694
RM 50,000 $ 11,735
RM 100,000 $ 23,470
MYR USD
RM 4.2600 $ 1
RM 21.30 $ 5
RM 42.60 $ 10
RM 85.20 $ 20
RM 213.00 $ 50
RM 426.00 $ 100
RM 1,065 $ 250
RM 2,130 $ 500
RM 4,260 $ 1,000
RM 8,520 $ 2,000
RM 21,300 $ 5,000
RM 42,600 $ 10,000
RM 85,200 $ 20,000
RM 213,000 $ 50,000
RM 426,000 $ 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 Standard Chartered Send Money conversion rate for MYR to USD?

The Standard Chartered MYR to USD exchange rate is 0.2279. This is -2.9% compared to the latest MYR-USD mid-market rate 0.2347.

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 Standard Chartered - Ringgit to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Standard Chartered and other foreign exchange providers against the latest MYR-USD mid-rate and the possible savings of using various providers. 

How do Standard Chartered 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 0.2335, -0.51% from the latest mid-market rate 0.2347.

The next best is Wise at 0.2331, -0.68% from the mid-rate.

Then WorldRemit at 0.2312, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2274 at -3.1% the OCBC Bank rate is 0.2265 at -3.5% and the Maybank rate is 0.2265 at -3.5% compared to the mid-rate 0.2347.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Standard Chartered 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 MYR to USD Transfer Rates

   

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