The live mid-rate USD to MYR exchange rate is 4.3385. Compare Australia Post currency conversion rates - Reduce FX costs.
The best USD to MYR exchange rate is our partner deal rate of 4.3168 from OFX . This is -0.5% compared to the mid-market rate 4.3385.
The standard OFX USD-MYR rate is 4.1775, -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 Australia Post Dollar to Ringgit comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Australia Post and other foreign exchange providers against the latest USD-MYR mid-rate (see Market Data below ) and the possible savings of using various providers.
In this article we take a look at Australia Post exchange rates and foreign currency services. Getting your travel money from the local Auspost branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad.
Australia Post branches are a one stop shop, providing tons of helpful services to help you prep for an overseas trip. Australia Post provides foreign currency exchange, travel money cards, traveller’s cheques and foreign money transfer to bank accounts or cash pickup. You can also get international travel insurance from Australia Post, international mobile SIMs and they can hold or redirect your mail until you get back from your trip.
The Australia Post travel money service is provided via their partnership with Travelex. You can get the best rates by Ordering Online from Travelex and then requesting Pickup at your local Post Office.
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online.
Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day.
Home deliveries can only be made to the registered billing address of your chosen payment method.
The button below will take you to the Travelex website so remember to elect to pick up at your nearest Australia Post branch if that is the most convenient.
Orders paid for via BPAY incur no additional fees. Card (debit or credit) will incur a card surcharge; MasterCard (debit) 0.77%, MasterCard (credit) 0.94%, Visa (debit) 0.72% and Visa (credit) 1%. In addition, for Credit Card purchases, your card issuer may charge a separate cash advance fee. For Australia post collection and home delivery orders under $AUD1,000 a $10 collection fee applies.
Remember at the Travelex Online checkout you can request free home delivery or to pick up your foreign cash at your local Post Office branch.
US dollar (USD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/MYR | Change | Period |
|---|---|---|---|
29 Apr 2025 | 4.3265 | 0.3% ▲ | 2 Week |
12 Feb 2025 | 4.4720 | 3% ▼ | 3 Month |
13 May 2024 | 4.7320 | 8.3% ▼ | 1 Year |
14 May 2020 | 4.3405 | 0% ▼ | 5 Year |
16 May 2015 | 3.5628 | 21.8% ▲ | 10 Year |
18 May 2005 | 3.8000 | 14.2% ▲ | 20 Year |
Here are some popular conversion amounts for USD to MYR (US dollar to Malaysian ringgit)*.
*Converted at the current USDMYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts indicate a dynamic outlook for the USD to MYR exchange rate, influenced by developments in international trade and economic policies. The US dollar (USD) has gained strength following a reported trade truce between the US and China, which aims to reduce tariffs significantly. Analysts view this agreement as a catalyst for increased investor confidence, potentially boosting the USD further, particularly if the upcoming consumer price index shows accelerated inflation, validating the Federal Reserve's hawkish stance.
Read our full review of recent USD to MYR forecasts.
There are several ways to save on exchange rates when converting US dollar to Malaysian ringgit:
Generally speaking, if you are buying Malaysian ringgit with US dollar, then it's better for the USD/MYR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Malaysia — a practical currency and money guide to travel in Malaysia plus living and doing business with the Malaysian ringgit.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/MYR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Malaysia (MYR) |
The expat life in Malaysia can be quite comfortable, depending on where you live. Most expats live in urban areas like Kuala Lumpur, where they have access to international schools, western supermarkets, and hospitals. There are also many expat-friendly activities and events in the city.
There are several laws in Malaysia that foreigners should be aware of, such as the Sedition Act, the Communications and Multimedia Act, and the Official Secrets Act.
Doing business in Malaysia is relatively easy. The country has a well-developed infrastructure and a relatively business-friendly regulatory environment. Corruption is a problem, but it is not as prevalent as in some other countries in the region.
The economy in Malaysia is doing well. The country has a strong manufacturing sector, and its exports have been growing steadily. The government has been investing heavily in infrastructure and has been working to attract foreign investment. The unemployment rate is low, and the country has a relatively high level of economic freedom.
Read more at our Malaysia (MYR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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