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MYR to USD Exchange Rates & Currency Deals

MYR-USD Rate Calculator

 
 
   

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’.

 
 
   

MYR to USD Market Data

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

 
Sell MYR   →   Buy USD
1 MYR = 0.2466 USD
1d0.0%⬦
90dHighs◓
MYR to USD is at 90-day highs near 0.2470, 2.7% above its 3-month average of 0.2406, having traded in a quite stable 4.5% range from 0.2364 to 0.2470
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Tracker
  1 USD = 4.0545 MYR

Is the MYR to USD 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 US dollar is to review how the MYR/USD rate has changed over time.

The table below shows the percentage change in the MYR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMYR/USDChangePeriod
15 Dec 2025
0.2442
1% ▲2 Week
30 Sep 2025
0.2376
3.8% ▲3 Month
29 Dec 2024
0.2236
10.3% ▲1 Year
30 Dec 2020
0.2477
0.4% ▼5 Year
01 Jan 2016
0.2325
6.1% ▲10 Year
03 Jan 2006
0.2646
6.8% ▼20 Year
MYR/USD historic rates & change to 29-Dec-2025

Currency Forecasts related to MYR/USD

MYR to USD 2025 Forecasts

The Malaysian Ringgit (MYR) has seen notable appreciation against the US dollar (USD), recently reaching 90-day highs near 0.2470, which is 2.7% above its...

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MYR to EUR 2025 Forecasts

The recent analysis of the MYR to EUR exchange rate highlights a period of relative strength for the Malaysian Ringgit (MYR) alongside a cautious euro (EUR) environment.

Read forecast

MYR to JPY 2025 Forecasts

The exchange rate forecasts for the MYR to JPY reflect contrasting trends for the two currencies, with the MYR demonstrating considerable strength and the...

Read forecast

Current market bias: Bearish. - Interest rate cuts expected from the Fed due to falling US consumer inflation are pressuring the USD. - Strong GDP growth and a solid fiscal outlook enhance MYR's position against the USD. - Expect stable trading within a recent price range given current market conditions. The USD to MYR exchange rate is likely to remain within a 4.5% bracket around 90-day lows. Upside risks could emerge if US economic data unexpectedly improves, boosting the USD. Conversely, a pivot away from the USD by ASEAN nations could further support the MYR. --- USD/MYR is bearish as Fed rate cuts loom amid falling US inflation. Strong MYR fundamentals, including solid GDP growth, support stability within a recent range. Risk may come from unexpected US economic gains or ASEAN nations reducing USD dependence

 

MYR to USD 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 US 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 USD
RM 1 $ 0.2466
RM 5 $ 1.2330
RM 10 $ 2.4660
RM 20 $ 4.9320
RM 50 $ 12.33
RM 100 $ 24.66
RM 250 $ 61.65
RM 500 $ 123.30
RM 1,000 $ 246.60
RM 2,000 $ 493.20
RM 5,000 $ 1,233
RM 10,000 $ 2,466
RM 20,000 $ 4,932
RM 50,000 $ 12,330
RM 100,000 $ 24,660
MYR USD
RM 4.0545 $ 1
RM 20.27 $ 5
RM 40.55 $ 10
RM 81.09 $ 20
RM 202.73 $ 50
RM 405.45 $ 100
RM 1,014 $ 250
RM 2,027 $ 500
RM 4,055 $ 1,000
RM 8,109 $ 2,000
RM 20,273 $ 5,000
RM 40,545 $ 10,000
RM 81,090 $ 20,000
RM 202,725 $ 50,000
RM 405,450 $ 100,000

More amounts

*Converted at the current MYR-USD 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 USD?

The best MYR to USD exchange rate is 0.2454 from OFX . This is -0.49% compared to the mid-market rate 0.2466.

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 US dollar (USD) rates from different sources before making a conversion.

The above Ringgit to 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-USD mid-rate and the possible savings of using various providers. 

How do MYR-USD rates compare between providers?

Looking at the full MYR to USD - Send Money comparison table the provider with the best MYR to USD exchange rate is OFX at 0.2454, -0.49% from the latest mid-market rate 0.2466.

The next best is Wise at 0.2448, -0.73% from the mid-rate.

Among the banks the CIMB Bank rate is 0.239 at -3.1% the OCBC Bank rate is 0.238 at -3.5% and the Maybank rate is 0.238 at -3.5% compared to the mid-rate 0.2466.

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 USD Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: