Is the MYR to IDR 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 Indonesian rupiah is to review how the MYR/IDR rate has changed over time.
The table below shows the percentage change in the MYR to IDR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date | MYR/IDR | Change | Period |
---|
29 Aug 2025 | 3885.50 | 0.2% ▲ | 2 Week |
14 Jun 2025 | 3838.23 | 1.4% ▲ | 3 Month |
12 Sep 2024 | 3565.00 | 9.2% ▲ | 1 Year |
13 Sep 2020 | 3580.36 | 8.7% ▲ | 5 Year |
15 Sep 2015 | 3357.08 | 16% ▲ | 10 Year |
17 Sep 2005 | 2686.40 | 44.9% ▲ | 20 Year |
MYR/IDR historic rates & change to 12-Sep-2025
MYR to IDR 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 Indonesian rupiah across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-IDR interbank exchange rate.
Calculate actual payout amounts for
Send Money
and
Travel Money
exchange rates.
What is the
best Send Money conversion rate for MYR to IDR?
The best MYR to IDR exchange rate is 3874.74 from Wise.
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 Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
Ringgit to Rupiah 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-IDR mid-rate and the possible savings of using various providers.
How do MYR-IDR rates compare between providers?
Looking at the full
MYR to IDR - Send Money comparison table the provider with the best MYR to IDR exchange rate is Wise at 3874.74.
The next best is OFX at 3859.13.
Then WorldRemit at 3827.92, .
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 MYR to IDR Transfer Rates