MYR to USD - Exchange Rate, Chart & Info

Convert MYR to USD at today's exchange rate

50,000 Malaysian Ringgit = 11,880.77 Dollars
1 MYR = 0.23762 USD
1 USD = 4.20848058 MYR
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Last updated 24 September 2025 at 23:14 UTC
This data uses the mid-market rate. For an exchange rate on your money transfer, please get a transfer quote.
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MYR to USD conversion chart

1 MYR = 0.23761545 USD
1D
1W
1M
3M
6M
1Y

Convert MYR to USD

MYR
USD
1 MYR
0.24 USD
10 MYR
2.38 USD
20 MYR
4.75 USD
50 MYR
11.88 USD
100 MYR
23.76 USD
500 MYR
118.81 USD
1,000 MYR
237.62 USD
2,000 MYR
475.23 USD
5,000 MYR
1,188.08 USD
10,000 MYR
2,376.15 USD
25,000 MYR
5,940.39 USD
50,000 MYR
11,880.77 USD
100,000 MYR
23,761.54 USD
250,000 MYR
59,403.86 USD
500,000 MYR
118,807.72 USD
1,000,000 MYR
237,615.45 USD

Convert USD to MYR

USD
MYR
1 USD
4.21 MYR
10 USD
42.08 MYR
20 USD
84.17 MYR
50 USD
210.42 MYR
100 USD
420.85 MYR
500 USD
2,104.24 MYR
1,000 USD
4,208.48 MYR
2,000 USD
8,416.96 MYR
5,000 USD
21,042.40 MYR
10,000 USD
42,084.81 MYR
25,000 USD
105,212.01 MYR
50,000 USD
210,424.03 MYR
100,000 USD
420,848.06 MYR
250,000 USD
1,052,120.14 MYR
500,000 USD
2,104,240.29 MYR
1,000,000 USD
4,208,480.58 MYR

Malaysian Ringgit to Dollar Forecast 2025

As specialists in international money transfers, our team is always keeping a close eye on the consistent fluctuations of currency exchange rates. Read our up-to-date Malaysian Ringgit to Dollar forecast and predictions for 2025.

Currency Information

MYR - Malaysian Ringgit

Malaysia’s official currency, the ringgit, reflects the country’s position as a trading hub in Southeast Asia. It is closely tied to global demand for palm oil, petroleum, and electronics, making it sensitive to commodity price shifts. The ringgit has faced periods of volatility, but prudent monetary policy and capital controls have helped preserve confidence in the currency over time.

USD - Dollar

The US dollar is the world’s dominant currency, serving as the primary global reserve and trade currency. It is the most traded currency by a wide margin and underpins much of the international financial system. Many countries peg their currencies to the dollar or use it in parallel.

Have some questions?

Frequently Asked Questions

What is the live Malaysian Ringgit to Dollar exchange rate?
The live MYR to USD exchange rate is 0.2376. This is the current interbank exchange rate or "mid-market" rate. It's the true exchange rate that banks trade between themselves (usually in the billions), and isn't available to retail customers. If you're looking to make a Malaysian Ringgit to Dollar transfer, get a quick quote from Key Currency.
How do you convert currencies?

You convert money from one currency to another using the exchange rate, which shows how much one is worth in the other. For instance, if the rate is £1 = €1.20, then £1 becomes €1.20, and €1.20 changes back to £1. Use our currency converter to see the current rates.

Which currencies does your currency converter use?

Our currency converter works with over 20 currencies. The most popular include British pounds (GBP), euros (EUR), US dollars (USD), Canadian dollars (CAD), Australian dollars (AUD), New Zealand dollars (NZD), and Swiss francs (CHF).

What's the cheapest way to convert currencies?

It probably won’t come as a complete surprise that banks are not normally the cheapest way to convert currencies. By using a specialist money transfer company, you can save up to 3%-4% on the exchange rate compared to some banks.

Are there any fees when converting currencies?

Please be aware that most banks and many money transfer companies do charge fees to convert currencies. The fees are not always obvious – before or even after you’ve sent your money. Examples include transfer, intermediary, tracking, recipient and processing fees. We keep things simple. Key Currency does not charge any fees when you convert currency and transfer abroad.

It's quick and easy

How to convert Malaysian Ringgit to Dollars

Complete your conversion in 4 simple steps

1. Register

You can register online or over the phone. It’s quick, easy and there’s no obligation to trade.

2. Agree a rate

All you need to do is tell us the amount you're transferring. We'll then quote you a Malaysian Ringgit to Dollar rate.

3. Transfer money

You send your Malaysian Ringgit to our segregated client account by bank transfer.

4. Dollars sent

Your Dollars are transferred to the American account of your choice as soon as your payment is received.

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