The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
MYR to AUD Market Data
Malaysian ringgit (MYR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR to AUD is at 30-day lows near 0.3591, just 0.9% below its 3-month average of 0.3624, having traded in a quite stable 5.7% range from 0.3551 to 0.3752
Is the MYR to AUD 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 Malaysian ringgit against the Australian dollar is to review how the MYR/AUD rate has changed over time.
The table below shows the percentage change in the MYR to AUD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The AUD to MYR exchange rate has hit a 30-day high of 2.7842, bolstered by positive Chinese PMI data. Analysts note that while AUD shows resilience, MYR faces headwinds from U.S. tariffs and regional currency weakness. Stay cautious as market dynamics evolve
@bestfxrates
MYR to AUD 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 Malaysian ringgit are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
The standard OFX MYR-AUD rate is 0.3558776, -1.2% 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
Malaysian ringgit (MYR) to Australian dollar (AUD) rates from different sources before making a conversion.
The above
Ringgit to Aussie 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 MYR-AUD mid-rate and the possible savings of using various providers.
How do MYR-AUD rates compare between providers?
Looking at the full
MYR to AUD - Send Money comparison table the provider with the best MYR to AUD exchange rate is OFX at 0.3584, -0.5% from the latest mid-market rate 0.3602.
The next best is Wise at 0.3577, -0.69% from the mid-rate.
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.