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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
USD to MYR is at 7-day highs near 4.2460, 2.1% below its 3-month average of 4.3362, having traded in a relatively stable 6.8% range from 4.2050 to 4.4910
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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
02 Jun 2025
4.2565
0.2% 2 Week
18 Mar 2025
4.4440
4.5% 3 Month
16 Jun 2024
4.7195
10% 1 Year
17 Jun 2020
4.2805
0.8% 5 Year
19 Jun 2015
3.7348
13.7% 10 Year
21 Jun 2005
3.8003
11.7% 20 Year
USD/MYR historic rates & change to 16-Jun-2025
USD/MYR at 4.2460, down from 3-month avg of 4.3362 amid USD weakness to 3-yr low. Trump tariffs & Fed rate cut speculation pressuring USD, while rising oil prices (up 12.8% to 75.62) could support MYR despite 24% US tariffs on Malaysian goods. Analysts warn of continued volatility ahead

 

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 4.2440
$ 5 RM 21.22
$ 10 RM 42.44
$ 20 RM 84.88
$ 50 RM 212.20
$ 100 RM 424.40
$ 250 RM 1,061
$ 500 RM 2,122
$ 1,000 RM 4,244
$ 2,000 RM 8,488
$ 5,000 RM 21,220
$ 10,000 RM 42,440
$ 20,000 RM 84,880
$ 50,000 RM 212,200
$ 100,000 RM 424,400
USD MYR
$ 0.2356 RM 1
$ 1.1780 RM 5
$ 2.3560 RM 10
$ 4.7120 RM 20
$ 11.78 RM 50
$ 23.56 RM 100
$ 58.90 RM 250
$ 117.80 RM 500
$ 235.60 RM 1,000
$ 471.20 RM 2,000
$ 1,178 RM 5,000
$ 2,356 RM 10,000
$ 4,712 RM 20,000
$ 11,780 RM 50,000
$ 23,560 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 our partner deal rate of 4.2228 from OFX . This is -0.5% compared to the mid-market rate 4.2440.

The standard OFX USD-MYR rate is 4.1042, -3.3% from the mid-rate. Visit OFX here to secure the better rate.

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 4.2228, -0.5% from the latest mid-market rate 4.2440.

The next best is XE at 4.2185, -0.6% from the mid-rate.

Then Wise at 4.2164, which is -0.65% from the mid-rate.

The Western Union rate is 4.2016 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 3.8708 at -8.8% the Wells Fargo Bank rate is 3.8453 at -9.4% and the Citibank rate is 4.0405 at -4.8% compared to the mid-rate 4.2440.

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

   

Currency Forecasts related to USD/MYR

USD to MYR 2025 Forecasts

Recent analysis indicates a complex outlook for the USD to MYR exchange rate, shaped by both geopolitical developments and domestic economic indicators.

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USD to EUR 2025 Forecasts

Recent exchange rate forecasts for the USD to EUR have highlighted a significant downturn for the US dollar, which has fallen to a three-year low.

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USD to JPY 2025 Forecasts

The USD to JPY exchange rate has come under pressure due to a combination of tariff concerns and shifts in U.S.

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