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    United Overseas Bank Send Money to Hong Kong MYR/HKD Rates Compared Live

    The United Overseas Bank MYR to HKD rate is 1.7364. This is -3.5% below the mid-rate. Compare United Overseas Bank currency conversion rates - Reduce FX costs.

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    What is the United Overseas Bank Send Money conversion rate for MYR to HKD?

    The United Overseas Bank MYR to HKD exchange rate is 1.7364. This is -3.5% compared to the latest MYR-HKD mid-market rate 1.7994.

    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 United Overseas Bank MYR-HKD rates compare between providers?

    Looking at our comparison table the best MYR to HKD exchange rate is 1.7904 from OFX, -0.5% from the mid-market rate 1.7994. The next best rate is 1.7868 from Wise, -0.7% from the mid-rate. Then WorldRemit with 1.7724 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 1.7436 at -3.1%, the OCBC Bank rate is 1.7364 at -3.5%, and the Maybank rate is 1.7364 at -3.5% compared to the mid-rate 1.7994.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like United Overseas Bank 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 United Overseas Bank 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 United Overseas Bank and other foreign exchange providers against the latest MYR-HKD mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    United Overseas Bank at a glance

    United Overseas Bank Limited (大华银行有限公司), also known as UOB, is a Singaporean bank that was founded in 1935 and has a presence in most Southeast Asian countries.

    The bank is the third-largest bank in Southeast Asia by total assets.

    * You must be a customer of UOB to use their exchange currency services.

     
     

    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 =
    1.7994We compare provider deals to this wholesale mid-market rate. Read more
    HKD
    ▼-0.9%
    MYR to HKD is at 7-day lows near 1.7972, 1.8% above its 3-month average of 1.7649, having traded in a relatively stable 6.6% range from 1.7282 to 1.8431
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    Tracker

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      1 HKD = 0.5557 MYR
    DateMYR/HKDChangePeriod
    29 Apr 2025
    1.7933
    		0.2% ▲2 Week
    12 Feb 2025
    1.7418
    		3.1% ▲3 Month
    13 May 2024
    1.6510
    		8.8% ▲1 Year
    14 May 2020
    1.7858
    		0.6% ▲5 Year
    16 May 2015
    2.1755
    		17.4% ▼10 Year
    18 May 2005
    2.0514
    		12.4% ▼20 Year
    MYR/HKD historic rates & change to 13-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$ 1.7994
    RM 5 HK$ 8.9970
    RM 10 HK$ 17.99
    RM 20 HK$ 35.99
    RM 50 HK$ 89.97
    RM 100 HK$ 179.94
    RM 250 HK$ 449.85
    RM 500 HK$ 899.70
    RM 1,000 HK$ 1,799
    RM 2,000 HK$ 3,599
    RM 5,000 HK$ 8,997
    RM 10,000 HK$ 17,994
    RM 20,000 HK$ 35,988
    RM 50,000 HK$ 89,970
    RM 100,000 HK$ 179,940
    MYR HKD
    RM 0.5557 HK$ 1
    RM 2.7785 HK$ 5
    RM 5.5570 HK$ 10
    RM 11.11 HK$ 20
    RM 27.79 HK$ 50
    RM 55.57 HK$ 100
    RM 138.93 HK$ 250
    RM 277.85 HK$ 500
    RM 555.70 HK$ 1,000
    RM 1,111 HK$ 2,000
    RM 2,779 HK$ 5,000
    RM 5,557 HK$ 10,000
    RM 11,114 HK$ 20,000
    RM 27,785 HK$ 50,000
    RM 55,570 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

     

    Recent forecasts for the Malaysian Ringgit (MYR) against the Hong Kong Dollar (HKD) reflect a challenging outlook for both currencies, influenced by geopolitical tensions and domestic economic conditions. The announcement of a 24% tariff on goods from Malaysia by the U.S. President has heightened concerns over a potential trade war, leading to a negative sentiment around emerging Asian currencies, including the MYR. Analysts note that the MYR is currently about 2.6% above its three-month average of 1.7629, trading at approximately 1.8084, but it's worth noting that this is near seven-day lows. The MYR has experienced instability, with trading ranges fluctuating between 1.7282 to 1.8431, reflecting an environment of uncertainty and risk aversion.

    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).

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

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    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.

     
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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

     
     

    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
    0.2305
    MYRUSD 90 day chart
    ▼-0.9%
    14d-lows
    USD/HKD
    7.8068
    USDHKD 90 day chart
    ▲+0.1%
    90d-highs
    HKD/MYR
    0.5557
    HKDMYR 90 day chart
    ▲+0.9%
    MYR/SGD
    0.3000
    MYRSGD 90 day chart
    ▼-1.3%
    14d-lows
    MYR/TWD
    6.9849
    MYRTWD 90 day chart
    ▼-0.9%

    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

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