Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

    Best MYR to HKD Exchange Rates Compared Live

    The live mid-rate MYR to HKD exchange rate is 1.8150. Compare currency conversion rates - Reduce FX costs.

    MYR-HKD Loading Rates ...
     

    What is the best Send Money conversion rate for MYR to HKD?

    The best MYR to HKD exchange rate is our partner deal rate of 1.8059 from OFX . This is -0.5% compared to the mid-market rate 1.8150.

    The standard OFX MYR-HKD rate is 1.79322, -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 Hong Kong dollar (HKD) rates from different sources before making a conversion.

    How do MYR-HKD rates compare between providers?

    Looking at our comparison table the best MYR to HKD exchange rate is 1.8059 from OFX, -0.5% from the mid-market rate 1.8150. The next best rate is 1.8023 from Wise, -0.7% from the mid-rate. Then WorldRemit with 1.7878 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 1.7587 at -3.1%, the OCBC Bank rate is 1.7515 at -3.5%, and the Maybank rate is 1.7515 at -3.5% compared to the mid-rate 1.8150.

    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.

     

    Compare Rates

     

    The Ringgit to Hong Kong dollar comparison table above 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-HKD mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    MYR to HKD Market Data

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

     
    Sell MYR   →   Buy HKD
    1 MYR =
    1.8150We compare provider deals to this wholesale mid-market rate. Read more
    HKD
    ▲+1.0%
    90d-highs
    MYR to HKD is at 90-day highs near 1.8150, 3.3% above its 3-month average of 1.7578, having traded in a quite stable 5.0% range from 1.7282 to 1.8150
    |
    Tracker

    Manage Tracker   

      1 HKD = 0.5510 MYR
    DateMYR/HKDChangePeriod
    18 Apr 2025
    1.7614
    		2.3% ▲2 Week
    01 Feb 2025
    1.7488
    		3% ▲3 Month
    02 May 2024
    1.6430
    		9.6% ▲1 Year
    03 May 2020
    1.8037
    		0.1% ▼5 Year
    05 May 2015
    2.1573
    		16.5% ▼10 Year
    07 May 2005
    2.0508
    		12.2% ▼20 Year
    MYR/HKD historic rates & change to 02-May-2025
     

    What are equivalent amounts of MYR and HKD?

    Here are some popular conversion amounts for MYR to HKD (Malaysian ringgit to Hong Kong dollar)*.

    MYR HKD
    RM 1 HK$ 1.8150
    RM 5 HK$ 9.0750
    RM 10 HK$ 18.15
    RM 20 HK$ 36.30
    RM 50 HK$ 90.75
    RM 100 HK$ 181.50
    RM 250 HK$ 453.75
    RM 500 HK$ 907.50
    RM 1,000 HK$ 1,815
    RM 2,000 HK$ 3,630
    RM 5,000 HK$ 9,075
    RM 10,000 HK$ 18,150
    RM 20,000 HK$ 36,300
    RM 50,000 HK$ 90,750
    RM 100,000 HK$ 181,500
    MYR HKD
    RM 0.5510 HK$ 1
    RM 2.7550 HK$ 5
    RM 5.5100 HK$ 10
    RM 11.02 HK$ 20
    RM 27.55 HK$ 50
    RM 55.10 HK$ 100
    RM 137.75 HK$ 250
    RM 275.50 HK$ 500
    RM 551.00 HK$ 1,000
    RM 1,102 HK$ 2,000
    RM 2,755 HK$ 5,000
    RM 5,510 HK$ 10,000
    RM 11,020 HK$ 20,000
    RM 27,550 HK$ 50,000
    RM 55,100 HK$ 100,000

    More amounts

    *Converted at the current MYRHKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for MYR to HKD

     

    The exchange rate forecast for the Malaysian Ringgit (MYR) to Hong Kong Dollar (HKD) is currently influenced by several geopolitical and economic factors. Recent announcements from U.S. President Donald Trump regarding a 24% tariff on Malaysian imports have cast a shadow over Malaysia's economic outlook. Analysts note that Malaysia’s decision to refrain from retaliating against the tariffs indicates a strategic approach to maintain regional stability and seek constructive engagement, as emphasized by Prime Minister Anwar Ibrahim. However, the combination of heightened trade tensions and a generally subdued global economic environment has negatively impacted regional currencies, including the MYR, which has recently seen fluctuations along with its peers like the Thai baht and South Korean won.

    Read our full review of recent MYR to HKD forecasts.

     
    HKD and flag

    How to get a good MYR to HKD exchange rate

    There are several ways to save on exchange rates when converting Malaysian ringgit to Hong Kong dollar:

    1. Shop around for the best MYR/HKD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the MYR/HKD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and HKD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Hong Kong dollar with Malaysian ringgit, then it's better for the MYR/HKD 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 Hong Kong — a practical currency and money guide to travel in Hong Kong plus living and doing business with the Hong Kong dollar.

    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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the Malaysian ringgit rise against the Hong Kong dollar?

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

     
    Track Rate
     

    Manage Tracker   

     

    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

     
     

    Currency Country Guides

    Hong KongHong Kong (HKD)MalaysiaMalaysia (MYR)
     

    How is the expat life in Hong Kong?

    Expat life in Hong Kong can be both exciting and challenging. Hong Kong is a vibrant and fast-paced city with a rich culture, history, and a mix of modern and traditional influences. It is also a major financial and business hub in Asia.

    One of the main benefits of expat life in Hong Kong is the high standard of living and the availability of amenities and services. The city has a wide range of international schools, hospitals and medical facilities, supermarkets, and other amenities catering to expats.

    Hong Kong is also known for its excellent transportation system, making it easy to navigate and commute around the city.

    However, the cost of living in Hong Kong is quite high, especially for housing. The city has some of the most expensive real estate in the world and finding affordable housing can be a challenge for expats.

    The city is also known for its fast-paced lifestyle and high stress levels, which can be challenging for some people. The air pollution and noise pollution can also be an issue.

    Additionally, Hong Kong has a high population density and the city can feel crowded and congested. Some expats may find the city to be quite crowded and busy, which can be overwhelming.

    The political situation in Hong Kong

    The political situation in Hong Kong has been uncertain in recent years, which can be a concern for some expats. Protests and unrest have been taking place, and travelers should be aware of the situation and take precautions.

    Overall, expat life in Hong Kong can be a rich and fulfilling experience, but it also has its challenges. Expats should be prepared for the high cost of living, fast-paced lifestyle, and the potential for political unrest.

    Read more at our Hong Kong (HKD) country guide

       
     
     
     

    Related exchange rates

    MYR/USD
    0.2342
    MYRUSD 90 day chart
    ▲+1.1%
    90d-highs
    USD/HKD
    7.7500
    USDHKD 90 day chart
    ▼-0.1%
    90d-lows
    HKD/MYR
    0.5510
    HKDMYR 90 day chart
    ▼-1.0%
    90d-lows
    MYR/SGD
    0.3044
    MYRSGD 90 day chart
    ▲+0.1%
    60d-highs
    MYR/TWD
    7.1934
    MYRTWD 90 day chart
    ▼-3.4%
    90d-lows

    BER articles that mention the Hong Kong dollar (HKD):

    Guides

    How the Weak US Dollar Can Impact International Business in 2025

    Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.

    Read more

    News2022-03-21

    Hong Kong Reverts to More Lenient Travel Restrictions

    Recognising the impact of Covid-19 on its financial status, Hong Kong has reverted back to more lenient travel restrictions to improve life for both residents and travelers.

    Read more

    Reviews

    Instarem Money Transfers - User Reviews

    Instarem provides fast, safe and cost effective cross border money transfer services for Individuals and businesses from Australia, Hong Kong, India, Malaysia and Singapore to more than 25 countries.

    Read more

    Further reading on the Hong Kong dollar (HKD) - Guides, Reviews & News from our research team.

    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

    ^ Scroll back up to ^

    ^