Compare Best USD to MYR rates | Best Exchange 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 = 4.1937 MYR

1d0.0%⬦

USD to MYR at 4.1975 is just 0.5% below its 3-month average of 4.2195, having traded in a very stable 2.1% range from 4.1875 to 4.2775

31-OCT 8PM-NY 01-NOV 12AM-LON 8AM-HK 11AM-SYD

Tracker

1 MYR = 0.2385 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
17 Oct 2025	4.2260	0.8% ▼	2 Week
02 Aug 2025	4.2775	2% ▼	3 Month
31 Oct 2024	4.3725	4.1% ▼	1 Year
01 Nov 2020	4.1533	1% ▲	5 Year
03 Nov 2015	4.2612	1.6% ▼	10 Year
05 Nov 2005	3.7760	11.1% ▲	20 Year

USD/MYR historic rates & change to 31-Oct-2025

USD to MYR currently at 4.1975, slightly below its 3-month avg of 4.2195. Analysts see a potential uplift for USD if Fed hawkishness prevails, while MYR remains resilient, supported by Malaysia's strong economic growth. Market dynamics will influence future movements

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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 4.1937
$ 5	RM 20.97
$ 10	RM 41.94
$ 20	RM 83.87
$ 50	RM 209.69
$ 100	RM 419.37
$ 250	RM 1,048
$ 500	RM 2,097
$ 1,000	RM 4,194
$ 2,000	RM 8,387
$ 5,000	RM 20,969
$ 10,000	RM 41,937
$ 20,000	RM 83,874
$ 50,000	RM 209,685
$ 100,000	RM 419,370

USD	MYR
$ 0.2385	RM 1
$ 1.1925	RM 5
$ 2.3850	RM 10
$ 4.7700	RM 20
$ 11.93	RM 50
$ 23.85	RM 100
$ 59.63	RM 250
$ 119.25	RM 500
$ 238.50	RM 1,000
$ 477.00	RM 2,000
$ 1,193	RM 5,000
$ 2,385	RM 10,000
$ 4,770	RM 20,000
$ 11,925	RM 50,000
$ 23,850	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 4.1811 from OFX . This is -0.3% compared to the mid-market rate 4.1937.

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 4.1811, -0.3% from the latest mid-market rate 4.1937.

The next best is Wise at 4.1716, -0.53% from the mid-rate.

Then XE at 4.1685, which is -0.6% from the mid-rate.

The Western Union rate is 4.1518 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 3.8275 at -8.7% the Wells Fargo Bank rate is 3.8024 at -9.3% and the Citibank rate is 3.9953 at -4.7% compared to the mid-rate 4.1937.

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