Understanding the Table:
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’.
Malaysian ringgit (MYR) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR/HKD Outlook: Slightly positive, but likely to move sideways, with the rate above its recent average and lacking a clear driver.
MYR/USD Outlook: Slightly positive, but likely to move sideways as the MYR is above its recent average but lacks a clear driver.
USD/HKD Outlook: Slightly positive, but likely to move sideways due to the USD trading above its 90-day average and near recent highs.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Hong Kong 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 * :
| MYR | HKD |
|---|---|
| RM 1,000 | HK$ 2,001 |
| RM 5,000 | HK$ 10,005 |
| RM 20,000 | HK$ 40,018 |
| RM 100,000 | HK$ 200,090 |
| MYR | HKD |
|---|---|
| RM 499.80 | HK$ 1,000 |
| RM 2,499 | HK$ 5,000 |
| RM 9,996 | HK$ 20,000 |
| RM 49,980 | HK$ 100,000 |
More amounts
*Converted at the current MYR-HKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MYR to HKD exchange rate is 1.9909 from OFX . This is -0.5% compared to the mid-market rate 2.0009.
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.
The above Ringgit to Hong Kong dollar 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-HKD mid-rate and the possible savings of using various providers.
Looking at the full MYR to HKD - Send Money comparison table the provider with the best MYR to HKD exchange rate is OFX at 1.9909, -0.5% from the latest mid-market rate 2.0009.
The next best is Wise at 1.9889, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 1.9389 at -3.1% the OCBC Bank rate is 1.9309 at -3.5% and the Maybank rate is 1.9309 at -3.5% compared to the mid-rate 2.0009.
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:
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