🇲🇾 MYR to 🇪🇺 EUR — Convert Malaysian Ringgit to Euro
1 Malaysian Ringgit = 0.2183 Euro
MYR/EUR Exchange Rate History
🇲🇾 MYR to 🇪🇺 EUR Conversion Table
| Malaysian Ringgit (MYR) | Euro (EUR) |
|---|---|
| RM1 | €0.2183 |
| RM5 | €1.0913 |
| RM10 | €2.1826 |
| RM25 | €5.4564 |
| RM50 | €10.9129 |
| RM100 | €21.8258 |
| RM500 | €109.1288 |
| RM1,000 | €218.2576 |
| RM5,000 | €1,091.29 |
| RM10,000 | €2,182.58 |
MYR/EUR 30-Day Market Statistics
Over the past 30 days, the Malaysian Ringgit to Euro exchange rate has risen by 2.2504%, moving from 0.2133 to 0.2181. It traded between a low of 0.2133 on Sep 19 and a high of 0.2194 on Oct 12, averaging 0.2169. With a high-to-low spread of 2.8121%, the pair has been relatively stable this month.
Frequently Asked Questions
Related Conversions
Get the App
Track exchange rates on the go. Get real-time alerts and convert currencies instantly.
🇲🇾 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 Euro (EUR)
The Euro is the official currency of 20 of the 27 European Union member states, collectively known as the eurozone, and is used by over 340 million people. It is the second most held reserve currency after the US Dollar.
Issuing authority: European Central Bank (ECB), based in Frankfurt.
What Moves the MYR/EUR Exchange Rate?
The MYR to EUR 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.
Euro (EUR): ECB monetary policy, eurozone inflation and growth figures, the economic health of large members like Germany and France, and political stability across the bloc.
When demand for the Malaysian Ringgit rises relative to the Euro, the MYR/EUR rate increases, meaning each MYR buys more EUR. The opposite happens when the Euro strengthens.
How to Convert MYR to EUR
- Enter the amount of MYR you want to convert in the converter above.
- The equivalent in EUR is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (EUR 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 EUR
Getting a rate close to the mid-market rate above can save you money, especially on larger Malaysian Ringgit to Euro 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.