USD to MYR — Malaysian Ringgit converter
The Ringgit anchors Malaysia's export-driven economy — from palm oil and semiconductors to manufactured goods.
Malaysian Ringgit basics
- • ISO 4217 code: MYR
- • Symbol: RM
- • Flag: 🇲🇾
- • Minor unit: 2 decimals
- • Region: asia
Best for USD → MYR
Wise typically delivers the highest amount of MYR for a given USD input, because it charges a transparent, percentage-based fee on top of the real interbank rate. For marketplace sellers, Payoneer remains very convenient despite a slightly higher all-in cost; for consumer checkout PayPal offers the deepest brand recognition.
Related currency pairs
FAQ · USD to MYR
What is the mid-market rate for 1 USD to MYR?+
PayoutHub pulls live rates from open.er-api.com and refreshes every hour. Enter an amount above to convert at the current mid-market Malaysian Ringgit rate.
Does PayPal add a markup on top of MYR?+
PayPal typically charges 2.5–4% on top of their base MYR rate. Wise charges a smaller, transparent fee and uses the real mid-market rate. Use our comparison to see the exact difference on a specific amount.
How much does Wise cost to send RM1,000?+
Wise's fee varies by corridor but is generally 0.41–0.65% for major routes. Use our Wise Fee Calculator for a precise quote.
Which provider is cheapest for MYR payouts?+
For most amounts, Wise is cheapest. For smaller personal sums (under RM200), PayPal is still convenient but more expensive. For marketplace sellers, Payoneer is frequently the most integrated option.