MYR to PKR - Convert Malaysian Ringgit to Pakistani Rupee

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

1 MYR = 59.38 PKR

1 PKR = 0.017 MYR

(Mid-market exchange rate)

Last updated Jul 22, 2024 11:10 GMT

Get the latest rates to send MYR to PKR

Send money securely worldwide, with seamless international transfers which can be cheaper and faster than banks.

MYR to PKR conversion chart

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

1 MYR = 59.38 PKR

Loading...

1,000 Malaysian Ringgit to Pakistani Rupee stats | MYR to PKR

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 59.687 59.756 59.722 65.925 59.756
Low 59.3 59.015 58.253 58.034 59.015
Average 59.511 59.341 59.116 60.203 59.341
Volatility 0.65% 1.26% 2.52% 13.6% 1.26%

What is the Malaysian Ringgit worth against the Pakistani Rupee today?

1 MYR is worth 59.38 PKR today

How much is 1,000 MYR worth in PKR?

At the current exchange rate of 59.38 , a sum of 1,000 Malaysian Ringgit is worth 59,380 Pakistani Rupee.

Which currency is stronger? MYR or PKR?

The Malaysian Ringgit is currently stronger than the Pakistani Rupee given that 1 MYR is equal to 59.38 PKR. Conversely, 1 PKR is worth 0.017 MYR.

Overview of MYR to PKR Performance and Trends

Today, to buy 1,000 Malaysian Ringgit, you need 59,380 Pakistani Rupee. On the same date last year, you needed 62,958 Pakistani Rupee for 1,000 Malaysian Ringgit. This change indicates that the Malaysian Ringgit has lost value against the Pakistani Rupee by 5.71% over the past year.

The pair experienced high volatility of 13.6%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

MYR to PKR Currency Performance and Volatility

Last 7 Days

  • Performance: RM1,000 varied between ₨59.3 (weekly low) and ₨59.687 (weekly high), a variance of ₨0.387 .
  • Volatility: Fluctuated by 0.65%.

Last 30 Days

  • Performance: RM1,000 varied between ₨59.015 (30-day low) to ₨59.756 (30-day high), a variance of ₨0.741 .
  • Volatility: Fluctuated by 1.26%.

Last 90 Days

  • Performance: RM1,000 varied between ₨58.253 (90-day low) to ₨59.722 (90-day high), a variance of ₨1.469 .
  • Volatility: Fluctuated by 2.52%.

Last Year

  • Performance: RM1,000 ranged from ₨58.034 (yearly low) to ₨65.925 (yearly high), a variance of ₨7.891 .
  • Volatility: Fluctuated by 13.6%.

MYR to PKR Forecast and trending

Is the Malaysian Ringgit going up or down against the Pakistani Rupee?

Today's MYR to PKR exchange rate (59.345) is higher compared to yesterday's rate (59.319).

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

More Malaysian Ringgit (MYR) information >

PKR - Pakistani Rupee

The currency code for Pakistani Rupee is PKR.

The PKR currency symbol is ₨.

Minor unit: 1/100 = Paisa

PKR rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

PKR rank by strongest currencies (buying power): 110

The Pakistani Rupee is the currency of 1 countries:
Pakistan

More Pakistani Rupee (PKR) information >

Understanding MYR to PKR 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 Pakistani Rupee, to send a payment, for a trip overseas, when shopping online or to hold a balance in Pakistani Rupee.

How to convert MYR to PKR?

You can convert Malaysian Ringgit to Pakistani Rupee 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 Pakistani Rupee 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 Pakistani Rupee 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 Pakistani Rupee 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 Pakistani Rupee

How to get the best MYR to PKR 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 PKR exchange rate for your specific transaction.

Get to know the MYR/PKR 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/PKR 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 Pakistani Rupee. 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 Pakistani Rupee?

You'll be able to exchange Pakistani Rupee to Malaysian Ringgit in the same way as you'd exchange Malaysian Ringgit to Pakistani Rupee. If you have Pakistani Rupee 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 Pakistani Rupee. 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 PKR?

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.

Frequently asked questions when converting Malaysian Ringgit to Pakistani Rupee (MYR to PKR)

How much is the Malaysian Ringgit to Pakistani Rupee?

The Malaysian Ringgit to Pakistani Rupee exchange rate today is 59.38 . Use this guide to learn more about exchanging MYR to PKR in the easiest and best value way for your specific needs.

How much is 1,000 Malaysian Ringgit to the Pakistani Rupee?

The MYR to PKR rate today is 59.38 . That means that 1,000 Malaysian Ringgit would be worth 59,380 Pakistani Rupee.

How to exchange Malaysian Ringgit to Pakistani Rupee?

Exchange MYR to PKR 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 PKR.

How to send money to Pakistan?

If you want to send money from Malaysia - or anywhere else in the world - to Pakistan, 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 Pakistan - 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 Pakistani Rupee 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 Pakistani Rupee exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:>

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.