What is the current USD to MYR exchange rate?

The current mid-market exchange rate is 1 USD = 4.0470 MYR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best USD to MYR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert USD to MYR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the USD/MYR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert United States Dollars to Malaysian Ringgits

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USD

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MYR

1 USD = 4.0470 MYR • Mid-market rate

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Historical USD/MYR exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: USD to MYR

1 USD → 4.05 MYR

5 USD → 20.24 MYR

10 USD → 40.47 MYR

50 USD → 202.35 MYR

100 USD → 404.70 MYR

500 USD → 2,023.50 MYR

1,000 USD → 4,047.00 MYR

5,000 USD → 20,235.00 MYR

Currency snapshots

USD — United States Dollar

ISO Code USD

Symbol $

Central Bank Federal Reserve Bank

Common Notes $1, $5, $10, $20, $50, $100

Learn more about USD

MYR — Malaysian Ringgit

ISO Code MYR

Symbol RM

Central Bank Bank Negara Malaysia

Common Notes RM1, RM5, RM10, RM50, RM100

Learn more about MYR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert USD to MYR — live rate

Historical USD/MYR exchange rate

Quick reference: USD to MYR

Real cost of USD → MYR

Estimated savings

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Currency snapshots