Convert Malaysian Ringgit (MYR) to USD, SGD, EUR, JPY, CNY, AUD and GBP with indicative reference rates. Always verify with your bank before transacting.
🇲🇾 100.00 MYR =
$ 22.10
USD — US Dollar
Quick amounts:
| Currency | 1 MYR = | 1 Unit = |
|---|---|---|
| 🇺🇸USDUS Dollar | $ 0.22 | RM 4.5249 |
| 🇸🇬SGDSingapore Dollar | S$ 0.30 | RM 3.3784 |
| 🇪🇺EUREuro | € 0.20 | RM 4.8900 |
| 🇯🇵JPYJapanese Yen | ¥ 33 | RM 0.0301 |
| 🇨🇳CNYChinese Yuan | ¥ 1.60 | RM 0.6250 |
| 🇦🇺AUDAustralian Dollar | A$ 0.34 | RM 2.9155 |
| 🇬🇧GBPBritish Pound | £ 0.17 | RM 5.7803 |
Rates are approximate and indicative only. For accurate live rates, use Bank Negara Malaysia (BNM) or your bank's official rate board.
The Malaysian Ringgit (MYR, RM) is the official currency of Malaysia, managed by Bank Negara Malaysia. Understanding exchange rates matters for international travel, remittances, cross-border shopping, and overseas investments.
Malaysia pegged the Ringgit at RM3.80 to USD from 1998 to 2005 following the Asian Financial Crisis. Since 2005, MYR has floated freely, reaching a low near RM4.80/USD in 2024 before strengthening. Key drivers: BNM interest rates, oil prices, China trade, and global USD strength.
| Currency Pair | Indicative Rate | Why It Matters |
|---|---|---|
| MYR / USD | 1 USD ≈ RM 4.52 | Global benchmark; oil, commodities priced in USD |
| MYR / SGD | 1 SGD ≈ RM 3.38 | Many Malaysians work or shop in Singapore |
| MYR / EUR | 1 EUR ≈ RM 4.89 | European travel, imports |
| MYR / JPY | 100 JPY ≈ RM 3.01 | Popular Japan travel destination for Malaysians |
| MYR / CNY | 1 CNY ≈ RM 0.63 | China-Malaysia trade corridor |
| MYR / AUD | 1 AUD ≈ RM 2.92 | Education — many Malaysians study in Australia |
| MYR / GBP | 1 GBP ≈ RM 5.78 | UK education, remittances |
Indicative rates, approximate mid-2025. For transactions, use BNM or your bank's live rate.
Money changers in shopping malls and Berjaya Times Square area often offer 1–2% better than banks. Look for licensed operators (BNM registered).
All major banks exchange common currencies. Rates are slightly lower than money changers but offer reliability and receipt. Good for large amounts or less-common currencies.
For sending money overseas, mid-market rates with transparent fees often beat banks significantly. Compare total cost before committing.
Avoid exchanging at airports and hotels whenever possible — rates are typically 5–10% worse than street money changers due to captive audience pricing.