100 Malaysian Ringgit = 24.49 Dollars
This data uses the mid-market rate and is for informational purposes only.
MYR to USD rate = 0.2449359
This data uses the mid-market rate. For an exchange rate on your money transfer, please get a transfer quote.
| Statistic | Last 7 days | Last 30 days | Last 90 days |
| High | 0.24517 | 0.24601 | 0.24858 |
| Low | 0.24468 | 0.24413 | 0.24388 |
| Average | 0.24496 | 0.24491 | 0.24553 |
| Volatility | 0.20% | 0.77% | 1.91% |
 MYR |  USD |
|---|---|
| 1 MYR | 0.24 USD |
| 10 MYR | 2.45 USD |
| 20 MYR | 4.90 USD |
| 50 MYR | 12.25 USD |
| 100 MYR | 24.49 USD |
| 500 MYR | 122.47 USD |
| 1,000 MYR | 244.94 USD |
| 2,000 MYR | 489.87 USD |
| 5,000 MYR | 1,224.68 USD |
| 10,000 MYR | 2,449.36 USD |
| 25,000 MYR | 6,123.40 USD |
| 50,000 MYR | 12,246.80 USD |
| 100,000 MYR | 24,493.59 USD |
| 250,000 MYR | 61,233.98 USD |
| 500,000 MYR | 122,467.95 USD |
| 1,000,000 MYR | 244,935.90 USD |
| USD | MYR |
|---|---|
| 1 USD | 4.08 MYR |
| 10 USD | 40.83 MYR |
| 20 USD | 81.65 MYR |
| 50 USD | 204.14 MYR |
| 100 USD | 408.27 MYR |
| 500 USD | 2,041.35 MYR |
| 1,000 USD | 4,082.70 MYR |
| 2,000 USD | 8,165.40 MYR |
| 5,000 USD | 20,413.50 MYR |
| 10,000 USD | 40,827.01 MYR |
| 25,000 USD | 102,067.52 MYR |
| 50,000 USD | 204,135.04 MYR |
| 100,000 USD | 408,270.08 MYR |
| 250,000 USD | 1,020,675.19 MYR |
| 500,000 USD | 2,041,350.38 MYR |
| 1,000,000 USD | 4,082,700.77 MYR |
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.
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.
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The live MYR to USD exchange rate is 0.2449359. 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.
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.
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.
Please be aware that most banks and many money transfer companies do charge fees to transfer money overseas. 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 transfer money internationally.