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USD to MYR Exchange Rates & Currency Deals

USD-MYR 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’.

 
 
   

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
1 USD = 4.0475 MYR
1d+0.3%▲
90dLows◒
USD to MYR at 4.0600 is 2.3% below its 3-month average of 4.1548, having traded in a quite stable 4.5% range from 4.0485 to 4.2305
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Tracker
  1 MYR = 0.2471 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:

DateUSD/MYRChangePeriod
16 Dec 2025
4.0850
0.8% ▼2 Week
01 Oct 2025
4.2075
3.7% ▼3 Month
30 Dec 2024
4.4650
9.2% ▼1 Year
31 Dec 2020
4.0505
0.1% ▲5 Year
02 Jan 2016
4.2993
5.7% ▼10 Year
04 Jan 2006
3.7741
7.4% ▲20 Year
USD/MYR historic rates & change to 30-Dec-2025

Currency Forecasts related to USD/MYR

USD to MYR 2026 Forecasts

The current market bias for the USD to MYR exchange rate is bearish.

Read forecast

USD to EUR 2026 Forecasts

The USD to EUR exchange rate is currently showing a bearish bias, with the US dollar slipping recently.

Read forecast

USD to JPY 2026 Forecasts

The USD to JPY exchange rate currently shows a bearish bias, reflecting a downward trend for the US dollar against the Japanese yen.

Read forecast

The current market bias for the USD to MYR exchange rate is bearish. Key drivers influencing this trend include anticipated interest rate cuts by the Federal Reserve, which could weaken the USD’s yield appeal. Malaysia shows a strong economic outlook with robust GDP growth and fiscal reforms, supporting the MYR's appreciation. Efforts by ASEAN to reduce reliance on the USD may further bolster the MYR as local currencies gain traction in cross-border transactions. In the near term, the USD to MYR exchange rate is expected to trade within a narrower range due to a recent decline of 2.3% from its three-month average. An upside risk could arise from unexpectedly strong U.S. economic indicators, especially if consumer sentiment improves significantly. Conversely, a downside risk may stem from ongoing global moves toward de-dollarization, which could hasten the USD's decline. --- Bearish trends for USD to MYR: Fed rate cuts expected to weaken USD while Malaysia's strong GDP supports MYR. Cross-border reliance on local currencies may grow. Expect tighter trading range ahead. Upside risk from strong U.S. data, downside from de-dollarization

 

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 4.0475
$ 5 RM 20.24
$ 10 RM 40.48
$ 20 RM 80.95
$ 50 RM 202.38
$ 100 RM 404.75
$ 250 RM 1,012
$ 500 RM 2,024
$ 1,000 RM 4,048
$ 2,000 RM 8,095
$ 5,000 RM 20,238
$ 10,000 RM 40,475
$ 20,000 RM 80,950
$ 50,000 RM 202,375
$ 100,000 RM 404,750
USD MYR
$ 0.2471 RM 1
$ 1.2355 RM 5
$ 2.4710 RM 10
$ 4.9420 RM 20
$ 12.36 RM 50
$ 24.71 RM 100
$ 61.78 RM 250
$ 123.55 RM 500
$ 247.10 RM 1,000
$ 494.20 RM 2,000
$ 1,236 RM 5,000
$ 2,471 RM 10,000
$ 4,942 RM 20,000
$ 12,355 RM 50,000
$ 24,710 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 4.0273 from OFX . This is -0.5% compared to the mid-market rate 4.0475.

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

How do 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 4.0273, -0.5% from the latest mid-market rate 4.0475.

The next best is XE at 4.0232, -0.6% from the mid-rate.

Then Western Union at 4.007, which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 3.7642 at -7% the Wells Fargo Bank rate is 3.752 at -7.3% and the Citibank rate is 3.9382 at -2.7% compared to the mid-rate 4.0475.

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 USD to MYR Transfer Rates

   

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