1 MYR to NZD - Convert Malaysian Ringgit to New Zealand Dollar

Convert MYR to NZD using our currency converter with real exchange rate today

Amount

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1 MYR = 0.355 NZD

1 NZD = 2.817 MYR

(Mid-market exchange rate)

Last updated Apr 16, 2024 22:58 GMT

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MYR to NZD conversion chart

Below is the live and historical Malaysian Ringgit to New Zealand Dollar rate chart so you can see today's rate - and how the rates have changed over time.

1 MYR = 0.355 NZD

Last 7 days Last 30 days 2024 2023 2022

Current period

1 Malaysian Ringgit to New Zealand Dollar stats | MYR to NZD

Stat	Last 7 days	Last 30 days	Last 90 days	Last year	Selected period on chart
High	0.355	0.356	0.354	0.368	0.356
Low	0.347	0.347	0.337	0.337	0.347
Average	0.351	0.351	0.347	0.353	0.351
Volatility	2.31%	2.59%	5.04%	9.2%	2.59%

What is the Malaysian Ringgit worth against the New Zealand Dollar today?

1 MYR is worth 0.355 NZD today

How much is 1 MYR worth in NZD?

At the current exchange rate of 0.355 , a sum of 1 Malaysian Ringgit is worth 0.355 New Zealand Dollar.

Which currency is stronger? MYR or NZD?

The New Zealand Dollar is currently stronger than the Malaysian Ringgit given that 1 NZD is equal to 2.817 MYR. Conversely, 1 MYR is worth 0.355 NZD.

Overview of MYR to NZD Performance and Trends

Today, to buy 1 Malaysian Ringgit, you need 0.355 New Zealand Dollar. On the same date last year, you needed 0.37 New Zealand Dollar for 1 Malaysian Ringgit. This change indicates that the Malaysian Ringgit has lost value against the New Zealand Dollar by 3.01% over the past year.

The pair experienced moderate volatility of 9.2%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

MYR to NZD Currency Performance and Volatility

Last 7 Days

Performance: RM1 varied between $0.347 (weekly low) and $0.355 (weekly high), a variance of $0.008 .
Volatility: Fluctuated by 2.31%.

Last 30 Days

Performance: RM1 varied between $0.347 (30-day low) to $0.356 (30-day high), a variance of $0.009 .
Volatility: Fluctuated by 2.59%.

Last 90 Days

Performance: RM1 varied between $0.337 (90-day low) to $0.354 (90-day high), a variance of $0.017 .
Volatility: Fluctuated by 5.04%.

Last Year

Performance: RM1 ranged from $0.337 (yearly low) to $0.368 (yearly high), a variance of $0.031 .
Volatility: Fluctuated by 9.2%.

MYR to NZD Forecast and trending

Is the Malaysian Ringgit going up or down against the New Zealand Dollar?

Today's MYR to NZD exchange rate (0.354) is higher compared to yesterday's rate (0.353).

Conversion rate Malaysian Ringgit to New Zealand Dollar
1 MYR	0.35500 NZD
5 MYR	1.77500 NZD
10 MYR	3.55000 NZD
20 MYR	7.10000 NZD
25 MYR	8.87500 NZD
50 MYR	17.75000 NZD
100 MYR	35.50000 NZD
250 MYR	88.75000 NZD
500 MYR	177.50000 NZD
1,000 MYR	355.00000 NZD
2,000 MYR	710.00000 NZD
5,000 MYR	1,775.00000 NZD
10,000 MYR	3,550.00000 NZD

Conversion rate New Zealand Dollar to Malaysian Ringgit
1 NZD	2.81690 MYR
5 NZD	14.08451 MYR
10 NZD	28.16901 MYR
20 NZD	56.33803 MYR
25 NZD	70.42254 MYR
50 NZD	140.84507 MYR
100 NZD	281.69014 MYR
250 NZD	704.22535 MYR
500 NZD	1,408.45070 MYR
1,000 NZD	2,816.90141 MYR
2,000 NZD	5,633.80282 MYR
5,000 NZD	14,084.50704 MYR
10,000 NZD	28,169.01408 MYR

Currency information

MYR - Malaysian Ringgit

The currency code for Malaysian Ringgit is MYR.

The MYR currency symbol is RM.

Minor unit: 1/100 = Sen

MYR rank by most traded currencies: 32

Avg proportion of daily world trade volume: 0.10%

MYR rank by strongest currencies (buying power): 40

The Malaysian Ringgit is the currency of 1 countries:
Malaysia

NZD - New Zealand Dollar

The currency code for New Zealand Dollar is NZD.

The NZD currency symbol is $.

Minor unit: 1/100 = Cent

NZD rank by most traded currencies: 14

Avg proportion of daily world trade volume: 0.85%

NZD rank by strongest currencies (buying power): 16

The New Zealand Dollar is the currency of 6 countries:
New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

More New Zealand Dollar (NZD) information >

Understanding MYR to NZD Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Malaysian Ringgit to New Zealand Dollar, to send a payment, for a trip overseas, when shopping online or to hold a balance in New Zealand Dollar.

How to convert MYR to NZD?

You can convert Malaysian Ringgit to New Zealand Dollar either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your New Zealand Dollar in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

Choose an exchange service that suits your needs
Head there with the money in Malaysian Ringgit cash to exchange
Get a quote for the exchange rate and any commission or fee you need to pay
Hand over your money and receive your New Zealand Dollar in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

Choose an international payment service that suits your needs and head to their desktop site, or download their app
Tap Send Payment
Enter the amount in Malaysian Ringgit you want to send, or the amount in New Zealand Dollar you want your recipient to get in the end
You'll be shown a quote for the exchange rate and any commission or fee you need to pay
Choose your preferred payment method, and follow the prompts to pay
Your money will be deposited to your recipient's bank account directly, in New Zealand Dollar

How to get the best MYR to NZD exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best MYR to NZD exchange rate for your specific transaction.

Get to know the MYR/NZD mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the MYR/NZD mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Malaysian Ringgit and New Zealand Dollar. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Malaysian Ringgit with New Zealand Dollar?

You'll be able to exchange New Zealand Dollar to Malaysian Ringgit in the same way as you'd exchange Malaysian Ringgit to New Zealand Dollar. If you have New Zealand Dollar in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for New Zealand Dollar. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Malaysian Ringgit in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange MYR to NZD?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Most popular currency pairings for MYR (Malaysian Ringgit)

→ MYR to USD

→ MYR to SGD

→ MYR to AUD

→ MYR to INR

→ MYR to EUR

→ MYR to GBP

→ MYR to CAD

→ MYR to PHP

Most popular currency pairings for NZD (New Zealand Dollar)

→ NZD to USD

→ NZD to AUD

→ NZD to GBP

→ NZD to EUR

→ NZD to INR

→ NZD to CAD

→ NZD to CHF

→ NZD to JPY

Most popular currency rates

	MYR	USD	SGD	AUD	INR	EUR	GBP	CAD	PHP
To MYR	-	4.79200	3.51037	3.06880	0.05728	5.08743	5.95478	3.46556	0.08392
To USD	0.20868	-	0.73279	0.64010	0.01195	1.06175	1.24275	0.72320	0.01752
To SGD	0.28487	1.36465	-	0.87351	0.01632	1.44892	1.69592	0.98691	0.02392
To AUD	0.32586	1.56226	1.14480	-	0.01867	1.65873	1.94149	1.12982	0.02737
To INR	17.45950	83.68640	61.28940	53.56770	-	88.85400	104.00100	60.52170	1.46576
To EUR	0.19656	0.94185	0.69017	0.60287	0.01125	-	1.17047	0.68114	0.01650
To GBP	0.16793	0.80467	0.58965	0.51507	0.00962	0.85436	-	0.58193	0.01410
To CAD	0.28855	1.38275	1.01326	0.88510	0.01652	1.46813	1.71841	-	0.02422
To PHP	11.91630	57.08040	41.81410	36.54030	0.68224	60.59940	70.93100	41.28480	-

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Frequently asked questions when converting Malaysian Ringgit to New Zealand Dollar (MYR to NZD)

How much is the Malaysian Ringgit to New Zealand Dollar?

The Malaysian Ringgit to New Zealand Dollar exchange rate today is 0.355 . Use this guide to learn more about exchanging MYR to NZD in the easiest and best value way for your specific needs.

How much is 1 Malaysian Ringgit to the New Zealand Dollar?

The MYR to NZD rate today is 0.355 . That means that 1 Malaysian Ringgit would be worth 0.355 New Zealand Dollar.

How to exchange Malaysian Ringgit to New Zealand Dollar?

Exchange MYR to NZD in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including MYR to NZD.

How to send money to New Zealand?

If you want to send money from Malaysia - or anywhere else in the world - to New Zealand, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to New Zealand - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like New Zealand Dollar and Malaysian Ringgit on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Malaysian Ringgit to New Zealand Dollar exchange rate with our handy tools, to help you compare your options.

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