Popular conversions
MYR to other currencies
| Currency | 1 MYR buys |
|---|---|
| MYR to USD US Dollar | 0.24441 USD |
| MYR to EUR Euro | 0.21849 EUR |
| MYR to GBP British Pound | 0.18506 GBP |
| MYR to JPY Japanese Yen | 38.6851 JPY |
| MYR to CAD Canadian Dollar | 0.34858 CAD |
| MYR to AUD Australian Dollar | 0.352 AUD |
| MYR to CHF Swiss Franc | 0.20377 CHF |
| MYR to CNY Chinese Yuan | 1.6381 CNY |
| MYR to INR Indian Rupee | 23.6539 INR |
| MYR to MXN Mexican Peso | 4.4025 MXN |
About the two currencies
| MYR | INR | |
|---|---|---|
| Name | Malaysian Ringgit | Indian Rupee |
| Used in | Malaysia | India |
| Symbol | RM | ₹ |
| Central bank | Bank Negara Malaysia | Reserve Bank of India |
Where the rates come from
For the 30 currencies it covers, we use the euro foreign exchange reference rates published by the European Central Bank each working day at around 16:00 CET, converted to other bases. For other currencies we use daily market rates from ExchangeRate-API. These are mid-market rates: the midpoint between buying and selling prices. The rate you actually get from a bank, card or exchange office includes a margin; enter it in "Your bank's margin" to see the difference.
Getting a better rate
Airport kiosks and hotel desks often charge 5% to 10% over the mid rate. High-street banks typically add 2% to 4% plus fees on international transfers. Cards without foreign transaction fees and specialist transfer services usually come within 0.5% to 1%. When a card terminal abroad offers to charge you in your home currency, decline: that dynamic currency conversion almost always uses a worse rate.