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TSB Bank NZD to MYR - Transfers Compared

NZD-MYR Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your TSB 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 TSB Bank Exchange Rates & Fees - Save Time & Money

 

Our TSB Bank NZD to MYR rate is 2.3897. This is -6.9% below the mid-rate.

 
 
   

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 2.5678 is just 0.6% above its 3-month average of 2.5531, having traded in a relatively stable 6.3% range from 2.4765 to 2.6329
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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
02 Jun 2025
2.5744
1% 2 Week
18 Mar 2025
2.5855
1.4% 3 Month
16 Jun 2024
2.8960
12% 1 Year
17 Jun 2020
2.7589
7.6% 5 Year
19 Jun 2015
2.5807
1.2% 10 Year
21 Jun 2005
2.7180
6.2% 20 Year
NZD/MYR historic rates & change to 16-Jun-2025
NZD to MYR currently at 2.5211, just below the three-month average. FX analysts note NZD's strength from rising dairy prices but warn of geopolitical headwinds and tariff concerns. MYR rebounds on foreign investment optimism but remains sensitive to oil price volatility. 10-Mar

 

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 2.5674
NZ$ 5 RM 12.84
NZ$ 10 RM 25.67
NZ$ 20 RM 51.35
NZ$ 50 RM 128.37
NZ$ 100 RM 256.74
NZ$ 250 RM 641.85
NZ$ 500 RM 1,284
NZ$ 1,000 RM 2,567
NZ$ 2,000 RM 5,135
NZ$ 5,000 RM 12,837
NZ$ 10,000 RM 25,674
NZ$ 20,000 RM 51,348
NZ$ 50,000 RM 128,370
NZ$ 100,000 RM 256,740
NZD MYR
NZ$ 0.3895 RM 1
NZ$ 1.9475 RM 5
NZ$ 3.8950 RM 10
NZ$ 7.7900 RM 20
NZ$ 19.48 RM 50
NZ$ 38.95 RM 100
NZ$ 97.38 RM 250
NZ$ 194.75 RM 500
NZ$ 389.50 RM 1,000
NZ$ 779.00 RM 2,000
NZ$ 1,948 RM 5,000
NZ$ 3,895 RM 10,000
NZ$ 7,790 RM 20,000
NZ$ 19,475 RM 50,000
NZ$ 38,950 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 TSB Bank Send Money conversion rate for NZD to MYR?

The TSB Bank NZD to MYR exchange rate is 2.3897. This is -6.9% compared to the latest NZD-MYR mid-market rate 2.5674.

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

How do TSB Bank 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 OFX at 2.5546, -0.5% from the latest mid-market rate 2.5674.

The next best is XE at 2.552, -0.6% from the mid-rate.

Then Wise at 2.5494, which is -0.7% from the mid-rate.

Among the banks the ANZ Bank rate is 2.4334 at -5.2% the BNZ Bank rate is 2.4051 at -6.3% and the TSB Bank rate is 2.3897 at -6.9% compared to the mid-rate 2.5674.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like TSB 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 NZD/MYR

NZD to MYR 2025 Forecasts

The exchange rate forecast for the NZD to MYR (New Zealand dollar to Malaysian ringgit) suggests a complex interplay of factors that could impact the currency...

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NZD to USD 2025 Forecasts

The New Zealand dollar (NZD) has recently experienced fluctuations due to changing market sentiment, further impacted by risk aversion.

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USD to MYR 2025 Forecasts

The exchange rate forecast for USD to MYR is shaped by a combination of recent economic developments, tariff announcements, and broader market trends.

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