Compare Best USD to MYR rates | Best Exchange Rates

USD to MYR Market Data

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

Sell USD → Buy MYR

1 USD = 4.2250 MYR

1d +0.2%▲ since yesterday

USD to MYR at 4.2250 is just below its 3-month average, having traded in a very stable 2.3% range from 4.1975 to 4.2950

29-AUG 8PM-NY 30-AUG 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 MYR = 0.2367 USD

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
15 Aug 2025	4.2130	0.1% ▲	2 Week
31 May 2025	4.2565	0.9% ▼	3 Month
29 Aug 2024	4.3115	2.2% ▼	1 Year
30 Aug 2020	4.1655	1.2% ▲	5 Year
01 Sep 2015	4.1919	0.6% ▲	10 Year
03 Sep 2005	3.7622	12.1% ▲	20 Year

USD/MYR historic rates & change to 29-Aug-2025

USD to MYR hovers around 4.2250, reflecting cautious trade amid rising US tariffs and geopolitical tensions. Recent Fed leadership uncertainty and inflation data could shift USD dynamics. Analysts suggest close monitoring of trade negotiations and oil prices for MYR's stability

@bestfxrates

USD 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 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 * :

USD	MYR
$ 1	RM 4.2250
$ 5	RM 21.13
$ 10	RM 42.25
$ 20	RM 84.50
$ 50	RM 211.25
$ 100	RM 422.50
$ 250	RM 1,056
$ 500	RM 2,113
$ 1,000	RM 4,225
$ 2,000	RM 8,450
$ 5,000	RM 21,125
$ 10,000	RM 42,250
$ 20,000	RM 84,500
$ 50,000	RM 211,250
$ 100,000	RM 422,500

USD	MYR
$ 0.2367	RM 1
$ 1.1835	RM 5
$ 2.3670	RM 10
$ 4.7340	RM 20
$ 11.84	RM 50
$ 23.67	RM 100
$ 59.18	RM 250
$ 118.35	RM 500
$ 236.70	RM 1,000
$ 473.40	RM 2,000
$ 1,184	RM 5,000
$ 2,367	RM 10,000
$ 4,734	RM 20,000
$ 11,835	RM 50,000
$ 23,670	RM 100,000

More amounts

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

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

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.

How do USD-MYR rates compare between providers?

The next best is XE at 4.1997, -0.6% from the mid-rate.

Then Wise at 4.1975, which is -0.65% from the mid-rate.

The Western Union rate is 4.1828 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 3.8344 at -9.2% the Wells Fargo Bank rate is 3.8091 at -9.8% and the Citibank rate is 4.0034 at -5.2% compared to the mid-rate 4.2250.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.

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