Analysis of recent euro → ringgit forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Euro to Malaysian ringgit performance and trends.
Forecasts for EUR to MYR
The EUR to MYR exchange rate is currently positioned at 4.8427, hovering just below its 3-month average and reflecting a relatively stable trading range of 5.7% between 4.7578 and 5.0307. Recent analyst forecasts suggest that the euro (EUR) has gained some strength due to the European Central Bank's (ECB) hawkish tone concerning interest rate decisions. ECB President Christine Lagarde indicated that the bank is approaching its neutral rate, which could support euro appreciation in the short term. However, concerns linger over potential weak economic data from Germany, the Eurozone's largest economy, particularly regarding expected contractions in exports and industrial production.
On the other hand, the Malaysian ringgit (MYR) faces pressure due to ongoing trade tensions exacerbated by new U.S. tariffs, which could impede economic performance and investor sentiment. The Malaysian government has opted not to retaliate against the tariffs while seeking regional collaboration to address the situation. This could contribute to a diminishing outlook for the MYR against the EUR, particularly if trade war tensions persist and economic growth slows further.
Moreover, the euro's value is notably influenced by macroeconomic trends and policies set by the ECB, while also being sensitive to external factors such as global oil prices. Currently, oil prices are fluctuating at approximately 66.87 USD, remaining near their 3-month average, but trading within a volatile range of 24.7% between 60.14 and 75.02. Given that oil prices can impact inflation and economic conditions within the Eurozone, any significant shifts in crude oil prices could have ripple effects on the EUR/MYR exchange rate.
Overall, while the ECB's policy direction may lend support to the euro, external pressures from trade tariffs and regional economic conditions in Southeast Asia, particularly for the MYR, suggest that market participants should remain vigilant. Future movements in the EUR to MYR exchange rate will largely depend on economic recovery trajectories for both the Eurozone and Malaysia, along with geopolitical developments that could influence market sentiment.
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare
Euro (EUR) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
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Will the Euro 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 Euro vs Malaysian ringgit current value is to look the EUR/MYR historic rate and change over a range of periods.
The following table looks at the change in the EUR to MYR exchange rate over periods from the previous week back to the last 10 years.
Date
EUR/MYR
Change
Period
28 May 2025
4.7552
1.8% ▲
2 Week
13 Mar 2025
4.8152
0.5% ▲
3 Month
11 Jun 2024
5.0688
4.5% ▼
1 Year
12 Jun 2020
4.8074
0.7% ▲
5 Year
14 Jun 2015
4.2089
15% ▲
10 Year
16 Jun 2005
4.5981
5.3% ▲
20 Year
EUR/MYR historic rates & change to 11-Jun-2025
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.
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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