The comparison table above helps you see the total cost of your 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 details and click ‘Get Rates’.
USD to MYR Market Data
US dollar (USD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
USD to MYR is at 7-day lows near 4.2300, 2.9% below its 3-month average of 4.3566, having traded in a relatively stable 6.8% range from 4.2050 to 4.4910
Is the USD 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 US dollar against the Malaysian ringgit is to review how the USD/MYR rate has changed over time.
The table below shows the percentage change in the USD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/MYR
Change
Period
23 May 2025
4.2310
0% ▲
2 Week
08 Mar 2025
4.4145
4.1% ▼
3 Month
06 Jun 2024
4.6945
9.8% ▼
1 Year
07 Jun 2020
4.2675
0.8% ▼
5 Year
09 Jun 2015
3.7506
12.8% ▲
10 Year
11 Jun 2005
3.8000
11.4% ▲
20 Year
USD/MYR historic rates & change to 06-Jun-2025
#FX Update: USD/MYR drops as US jobless claims hit Oct highs, signaling Fed rate cuts ahead. MYR struggling w/ 24% US tariffs & trade war fears. Analysts watching today's NFP data - weak numbers could push USD lower & MYR to test 4.23 lvl vs recent 4.35 avg
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
The standard OFX USD-MYR rate is 4.0697, -3.7% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Dollar to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-MYR mid-rate and the possible savings of using various providers.