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Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank 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 Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
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 Indian rupee is to review how the MYR/INR rate has changed over time.
The table below shows the percentage change in the MYR to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MYR/INR | Change | Period |
|---|---|---|---|
03 Jun 2025 | 20.19 | 0.3% ▲ | 2 Week |
19 Mar 2025 | 19.49 | 4% ▲ | 3 Month |
17 Jun 2024 | 17.69 | 14.5% ▲ | 1 Year |
18 Jun 2020 | 17.86 | 13.4% ▲ | 5 Year |
20 Jun 2015 | 16.99 | 19.2% ▲ | 10 Year |
22 Jun 2005 | 11.45 | 76.9% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Indian rupee 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-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OCBC Bank MYR to INR exchange rate is 19.64. This is -3.5% compared to the latest MYR-INR mid-market rate 20.35.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above OCBC Bank - Ringgit to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OCBC Bank and other foreign exchange providers against the latest MYR-INR mid-rate and the possible savings of using various providers.
Looking at the full MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 20.21, -0.69% from the latest mid-market rate 20.35.
The next best is at 20.1058, -1.2% from the mid-rate.
Then WorldRemit at 19.96, which is -1.9% from the mid-rate.
Among the banks the CIMB Bank rate is 19.72 at -3.1% the OCBC Bank rate is 19.64 at -3.5% and the Maybank rate is 19.64 at -3.5% compared to the mid-rate 20.35.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC 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.
Recent forecasts for the Malaysian Ringgit (MYR) to Indian Rupee (INR) exchange rate reflect a complex interplay of geopolitical tensions, trade policies, and market sentiment.
The exchange rate forecast for the Malaysian Ringgit (MYR) against the U.S.
The recent performance of the USD to INR exchange rate reveals a complex interplay of factors influencing both currencies.
View a full list of exchange rates by selecting your Base (from) currency: