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AUD to MYR Transfers Compared

AUD-MYR Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Malaysia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.

 
   

AUD to MYR Market Data

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

90-day market context

AUD to MYR at 2.8471 is 1.9% above its 3-month average of 2.794, having traded in a quite stable 5.8% range from 2.7068 to 2.8645
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Currency Forecasts related to AUD/MYR

AUD to MYR Exchange Rate Forecast & Outlook

Currently, AUD/MYR is trading close to recent highs within its recent range, supported by risk-off conditions and risk sentiment. Over the next few sessions, the pair may stay supported but could face pressure...

Read forecast

AUD to USD Exchange Rate Forecast & Outlook

Currently, AUD/USD is trading close to 90-day average levels, supported by a risk-off environment and a narrow 3-month range. The pair is holding near recent highs, but the dominant driver of risk sentiment...

Read forecast

USD to MYR Exchange Rate Forecast & Outlook

Currently, USD/MYR is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...

Read forecast

AUD/MYR remains range-bound near 2.84, with global risk sentiment and energy prices influencing its direction. Conditions could shift if risk appetite improves or worsens, impacting transfers, travel, and payments. Stay cautious as volatility persists.

 

AUD 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 Australian dollar are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :

AUD MYR
A$ 1 RM 2.8524
A$ 5 RM 14.26
A$ 10 RM 28.52
A$ 20 RM 57.05
A$ 50 RM 142.62
A$ 100 RM 285.24
A$ 250 RM 713.10
A$ 500 RM 1,426
A$ 1,000 RM 2,852
A$ 2,000 RM 5,705
A$ 5,000 RM 14,262
A$ 10,000 RM 28,524
A$ 20,000 RM 57,048
A$ 50,000 RM 142,620
A$ 100,000 RM 285,240
AUD MYR
A$ 0.3506 RM 1
A$ 1.7530 RM 5
A$ 3.5060 RM 10
A$ 7.0120 RM 20
A$ 17.53 RM 50
A$ 35.06 RM 100
A$ 87.65 RM 250
A$ 175.30 RM 500
A$ 350.60 RM 1,000
A$ 701.20 RM 2,000
A$ 1,753 RM 5,000
A$ 3,506 RM 10,000
A$ 7,012 RM 20,000
A$ 17,530 RM 50,000
A$ 35,060 RM 100,000

More amounts

*Converted at the current AUD-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 AUD to MYR?

The best AUD to MYR exchange rate is 2.8388 from Wise. This is -0.48% compared to the mid-market rate 2.8524.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

The above Aussie 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 AUD-MYR mid-rate and the possible savings of using various providers. 

How do AUD-MYR rates compare between providers?

Looking at the full AUD to MYR - Send Money comparison table the provider with the best AUD to MYR exchange rate is Wise at 2.8388, -0.48% from the latest mid-market rate 2.8524.

The next best is OFX at 2.8381, -0.5% from the mid-rate.

Then XE at 2.8353, which is -0.6% from the mid-rate.

The Western Union rate is 2.8096 which is -1.5% from the mid-rate.

Among the banks the Commonwealth Bank rate is 2.5607 at -10.2% and the ING Bank rate is 2.5892 at -9.2% compared to the mid-rate 2.8524.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: