🇲🇾 MYR to 🇦🇺 AUD — Convert Malaysian Ringgit to Australian Dollar
1 Malaysian Ringgit = 0.3485 Australian Dollar
MYR/AUD Exchange Rate History
🇲🇾 MYR to 🇦🇺 AUD Conversion Table
| Malaysian Ringgit (MYR) | Australian Dollar (AUD) |
|---|---|
| RM1 | A$0.3485 |
| RM5 | A$1.7427 |
| RM10 | A$3.4854 |
| RM25 | A$8.7135 |
| RM50 | A$17.4270 |
| RM100 | A$34.8540 |
| RM500 | A$174.2700 |
| RM1,000 | A$348.5400 |
| RM5,000 | A$1,742.70 |
| RM10,000 | A$3,485.40 |
MYR/AUD 30-Day Market Statistics
Over the past 30 days, the Malaysian Ringgit to Australian Dollar exchange rate has risen by 1.4501%, moving from 0.3448 to 0.3498. It traded between a low of 0.3446 on Jun 22 and a high of 0.3569 on Jun 29, averaging 0.3521. With a high-to-low spread of 3.4938%, the pair has been moderately volatile this month.
Frequently Asked Questions
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🇲🇾 About the Malaysian Ringgit (MYR)
The Malaysian Ringgit is the currency of Malaysia, a trade-oriented economy that exports electronics, palm oil, and petroleum products. The ringgit is influenced by both commodity and technology cycles.
Issuing authority: Bank Negara Malaysia.
🇦🇺 About the Australian Dollar (AUD)
The Australian Dollar is a major commodity currency and the fifth most traded globally. Because Australia is a leading exporter of iron ore, coal, and natural gas, the Aussie often tracks commodity demand from China.
Issuing authority: Reserve Bank of Australia (RBA).
What Moves the MYR/AUD Exchange Rate?
The MYR to AUD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Malaysian Ringgit (MYR): Oil and palm oil prices, electronics export demand, Bank Negara policy, and regional capital flows.
Australian Dollar (AUD): Commodity prices, Chinese economic demand, RBA interest rate decisions, and global risk sentiment.
When demand for the Malaysian Ringgit rises relative to the Australian Dollar, the MYR/AUD rate increases, meaning each MYR buys more AUD. The opposite happens when the Australian Dollar strengthens.
How to Convert MYR to AUD
- Enter the amount of MYR you want to convert in the converter above.
- The equivalent in AUD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (AUD to MYR).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange MYR to AUD
Getting a rate close to the mid-market rate above can save you money, especially on larger Malaysian Ringgit to Australian Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Maintained by the ExchangeConvert editorial team. Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our methodology and Terms of Service.