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CAD to MYR 2026 Forecasts

Analysis of recent loonie → ringgit forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Malaysian ringgit performance and trends.

 

CAD/MYR Outlook:

Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacking a clear supporting driver.

Key drivers:

• Rate gap: The Bank of Canada maintains a cautious stance while keeping interest rates steady, contrasting with the U.S. Federal Reserve's recent cuts, which benefits the MYR.

• Risk/commodities: Oil prices are trending higher, significantly above their recent average, providing support for the CAD, as it is closely linked to oil exports.

• One macro factor: Malaysia's strong GDP growth of 5.2% in the third quarter indicates a robust economic outlook, supporting the MYR’s strength.

Range:

The CAD/MYR is likely to drift within its recent range, reflecting the current downward pressure.

What could change it:

• Upside risk: A notable increase in oil prices could strengthen the CAD and improve its standing against the MYR.

• Downside risk: Continued strength in the Malaysian economy or unfavorable news regarding Canadian trade relations could weigh on the CAD.

CAD-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to MYR Market Data

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

 
Sell CAD   →   Buy MYR
1 CAD =
2.8846We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d−0.3%▼
 
CAD to MYR at 2.8940 is 1.5% below its 3-month average of 2.9387, having traded in a very stable 3.8% range from 2.8771 to 2.9850
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Tracker

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  1 MYR = 0.3467 CAD

Compare & Save - Canadian dollar to Malaysian ringgit

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

Use our CAD to MYR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Ringgit currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Malaysian ringgit?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Malaysian ringgit current value is to look the CAD/MYR historic rate and change over a range of periods.

The following table looks at the change in the CAD to MYR exchange rate over periods from the previous week back to the last 10 years.

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 CAD/MYR to your personalised Rate Tracker to track and benefit from currency movements.

 
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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

 

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