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Best AUD to MYR exchange rates today

You'll get the best rate for your exchange with an online forex expert.

Last updated: 28 June 2019

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If you’re a forex investor or simply looking to trade Australian dollars for Malaysian ringgits, get the most for your money with a strong exchange rate.

Today’s mid-market rate

Refreshing in: 60s | Sat, Dec 07, 08:47AM GMT

Buy Malaysian ringgit with Australian dollar

Find your best exchange rate by comparing online forex services for AUD to MYR.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
USD 0	1 - 2 days	AUD 0.00	2.841	MYR 14,203	Offering no maximum and no minimum limit transfers with $0 fees.	Go to site	Compare	Show details	Details Minimum transfer amount USD 0.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BBD, BGN, BHD, CAD, CHF, CNY, CZK, DKK, EUR, FJD, GBP, GHS, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KWD, LKR, MAD, MUR, MXN, MYR, NGN, NOK, NZD, OMR, PHP, PLN, QAR, RON, RSD, RUB, SEK, SGD, THB, TND, TRY, TTD, TWD, USD, XCD, ZAR Go to site Read the full review
USD 1	1 - 2 days	-	-		Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, CAD, CHF, CLP, CNY, COP, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, UAH, USD, VND, ZAR Go to site Read the full review
EUR 1,000	1 - 2 days	USD 10.00	2.824	MYR 14,037	Use TransferMate to help you send money to almost any country around the world for a small fee.	Go to site	Compare	Show details	Details Minimum transfer amount EUR 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, AZN, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BWP, BZD, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GTQ, GYD, HKD, HNL, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LKR, LSL, MAD, MGA, MKD, MNT, MOP, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SLL, SRD, SZL, THB, TOP, TRY, TTD, TWD, TZS, UGX, USD, UYU, VND, VUV, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review
USD 1	Within an hour	USD 3.99	2.84	MYR 14,168	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
GBP 1,000	1 - 2 days	N/A	N/A	N/A	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
USD 1,000	1 day	AUD 0.00	2.824	MYR 14,118	No-maximum limit transfers with competitive exchange rates for 100+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
USD 5,000	1 day	N/A	N/A	N/A	Venstar will support you through the entire process of your international transactions, from start to finish.	Go to site	Compare	Show details	Details Minimum transfer amount USD 5,000.00 Transfer methods Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, INR, JPY, MXN, NOK, NZD, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
USD 50	1 - 2 days	-	-		Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction.	Go to site	Compare	Show details	Details Minimum transfer amount USD 50.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies ARS, AUD, BDT, CAD, COP, EUR, GBP, HKD, IDR, INR, KRW, LKR, MXN, MYR, NPR, PEN, PHP, SGD, THB, USD, VND Go to site Read the full review

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How does the Australian dollar trade against the Malaysian ringgit historically?

The Malaysian ringgit and the Australian dollar were introduced roughly around the same time in the late 1960s. Both currencies replaced its British currency, with 0.8 AUD worth 1 GBP and 8.57 MYR worth 1 British pound.

In 1997, a financial crisis erupted in Asia. The Aussie dollar strengthened and went from 2.079857 per ringgit in 1997 to 3.05344 per ringgit in 2005. With government corruption and the election of Prime Minister Najib Razak in 2009, the ringgit has remained consistently weak against the Australian dollar — between 2.8 to 3.3 ringgits per Aussie dollar.

AUD to MYR exchange rate history

We’ve put together the average exchange rate for the Australian dollar against the Malaysian ringgit over the past week.

	Nov 30	Dec 01	Dec 02	Dec 03	Dec 04	Dec 05	Dec 06
1 AUD =	2.8233 Inverse: 0.3542	2.8255 Inverse: 0.3539	2.8490 Inverse: 0.3510	2.8603 Inverse: 0.3496	2.8602 Inverse: 0.3496	2.8512 Inverse: 0.3507	2.8521 Inverse: 0.3506

Average exchange rate over the past 6 months.

	Jul 08	Aug 02	Aug 27	Sep 21	Oct 16	Nov 10
1 AUD =	2.8866 Inverse: 0.3464	2.8276 Inverse: 0.3537	2.8387 Inverse: 0.3523	2.8265 Inverse: 0.3538	2.8312 Inverse: 0.3532	2.8342 Inverse: 0.3528

Average exchange rate over the past 10 years.

	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
1 AUD =	2.6362 Inverse: 0.3793	2.9167 Inverse: 0.3428	3.2211 Inverse: 0.3105	3.1060 Inverse: 0.3220	3.1289 Inverse: 0.3196	3.0215 Inverse: 0.3310	2.8501 Inverse: 0.3509	2.9876 Inverse: 0.3347	3.2079 Inverse: 0.3117	2.9703 Inverse: 0.3367

What affects AUD to MYR exchange rates?

There are five factors that affect how the Australian dollar trades with the Malaysian ringgit: the country’s GDP, retail sales, industrial production, relative inflation rates and trade balances.

Less aggressive factors are consumer confidence, the strength of other currencies, investor speculation and day-to-day news about natural disasters, elections and new government policies.

Our Australia guides

Our Malaysia guides

Bottom line

When exchanging Australian dollars for Malaysian ringgits, find a provider that offers two-sided quotes to understand the spread they charge. If they show you only the buy or sell rate — but not both — consider looking elsewhere. The closer to the mid-market rate the better the deal.

Frequently asked questions

The mid-market rate is what your money’s actually worth on the global market compared to another currency. It’s the midpoint between worldwide supply and demand for that currency — and the rate banks and transfer services use when they trade among themselves.
Use the mid-market rate as a baseline to compare against the rates provided by your bank or transfer service. With it, you’ll discover which companies offer the best rates.

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Aliyyah Camp

Aliyyah Camp is a publisher helping folks compare personal, student, car and business loans. Prior to joining Finder, she ran her own personal finance blog and wrote for numerous finance sites. Aliyyah earned a BA in communication from the University of Pennsylvania. She likes to go to the movies and go for runs outdoors.

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Best AUD to MYR exchange rates today