Compare OCBC Bank USD to MYR rates

USD to MYR Market Data

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

Sell USD → Buy MYR

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USD to MYR at 4.1900 is just 0.6% below its 3-month average of 4.216, having traded in a stable 1.3% range from 4.1875 to 4.2400

05-NOV 7PM-NY 06-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 MYR = 0.2391 USD

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

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

Date	USD/MYR	Change	Period
23 Oct 2025	4.2290	1.1% ▼	2 Week
08 Aug 2025	4.2400	1.4% ▼	3 Month
06 Nov 2024	4.4015	5% ▼	1 Year
07 Nov 2020	4.1285	1.3% ▲	5 Year
09 Nov 2015	4.3794	4.5% ▼	10 Year
11 Nov 2005	3.7790	10.7% ▲	20 Year

USD/MYR historic rates & change to 06-Nov-2025

USD to MYR is currently at 4.1900, 0.6% below the 3-month avg of 4.216. Analysts note strong USD support from robust employment data, but uncertainty looms ahead of the CPI report and Fed leadership changes. MYR shows resilience due to strong GDP growth and trade surplus

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USD to MYR 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 US dollar are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :

USD	MYR
$ 1	RM 4.1830
$ 5	RM 20.92
$ 10	RM 41.83
$ 20	RM 83.66
$ 50	RM 209.15
$ 100	RM 418.30
$ 250	RM 1,046
$ 500	RM 2,092
$ 1,000	RM 4,183
$ 2,000	RM 8,366
$ 5,000	RM 20,915
$ 10,000	RM 41,830
$ 20,000	RM 83,660
$ 50,000	RM 209,150
$ 100,000	RM 418,300

USD	MYR
$ 0.2391	RM 1
$ 1.1955	RM 5
$ 2.3910	RM 10
$ 4.7820	RM 20
$ 11.96	RM 50
$ 23.91	RM 100
$ 59.78	RM 250
$ 119.55	RM 500
$ 239.10	RM 1,000
$ 478.20	RM 2,000
$ 1,196	RM 5,000
$ 2,391	RM 10,000
$ 4,782	RM 20,000
$ 11,955	RM 50,000
$ 23,910	RM 100,000

More amounts

*Converted at the current USD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

What is the best Send Money conversion rate for USD to MYR?

The best USD to MYR exchange rate is 4.1705 from OFX . This is -0.3% compared to the mid-market rate 4.1830.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

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

How do OCBC Bank USD-MYR rates compare between providers?

Looking at the full USD to MYR - Send Money comparison table the provider with the best USD to MYR exchange rate is OFX at 4.1705, -0.3% from the latest mid-market rate 4.1830.

The next best is Wise at 4.1704, -0.3% from the mid-rate.

Then XE at 4.1579, which is -0.6% from the mid-rate.

The Western Union rate is 4.1412 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 3.8281 at -8.5% the Wells Fargo Bank rate is 3.803 at -9.1% and the Citibank rate is 3.9955 at -4.5% compared to the mid-rate 4.1830.

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.

Compare USD to MYR Transfer Rates