Planning a trip, or investing in Malaysia? If you’re looking to convert Malaysian Ringgit to Rupee, you’re in the right place. Stay updated with real-time MYR to INR exchange rates and learn everything you need to know about converting Malaysian currency to Rupee easily.
Our currency converter shows the value of one Malaysian Ringgit in Indian Rupees based on the current international exchange rate. Today, i.e. 22/10/2025, Wednesday at 20:19:12, the inter-bank rate for 1 MYR to INR is Similarly 1 INR to MYR today is
We are bringing you live interbank Malaysian currency rate to help you make an informed decision.Before currency conversion, it is advised to check the rate using a currency converter. Use our real-time Malaysian Ringgit to INR converter to get the most accurate and up-to-date exchange rates.
The Malaysian Ringgit is issued by Bank Negara Malaysia. Moreover, it is subdivided into 100 sen. It is widely used across Southeast Asia for trade and travel.
The Indian Rupee is issued and regulated by the Reserve Bank of India (RBI). In fact, it is one of the most traded currencies in the Asian region.
The MYR to INR exchange rate is influenced by various factors such as interest rate differentials, inflation rates, and trade balances between the two countries. Political and economic stability also has a vital role in shaping currency strength. Additionally, the Central Bank of both countries manage their respective currencies through interventions and policy decisions in the forex markets.
You can easily exchange forex currency online with Supreme Forex, by following a few simple steps:
Start by choosing your city and selecting the currency you want to exchange, i.e. MYR to INR.
Next, provide some basic information like your name, mobile number, email address, etc.
Upload documents such as a passport and PAN Card to confirm if you’re an Indian citizen.
You can opt for Home Delivery in major cities or Store Pickup from the nearest Supreme Forex branch.
Double-check your order details before confirming. Then, choose how you’d like to receive your INR from the prescribed payment options.
These are the list of documents required when purchasing currency:
1. Original and valid passport (both front and back page)
2. Valid visa for the country of travel (except where VISA on arrival applies)
3. Confirmed return ticket-showing travel within 60 days of taking foreign exchange
4. PAN Card
5. Aadhaar Card
6. Other documents may be required, if needed, to comply with RBI Guidelines
These are the list of documents required when encashing currency:
1. Original and valid passport (both front and back page)
2. PAN Card
3. Aadhaar Card
4. Other documents may be required, if needed, to comply with RBI Guidelines
The Malaysian Ringgit (MYR) saw moderate stability, averaging around INR 15–16, with slight fluctuations due to oil prices and regional trade dynamics.
MYR weakened slightly against the INR, hovering around INR 16–17, influenced by global trade tensions and a strengthening Indian economy.
Post-pandemic recovery led to volatility; Malaysian Ringgit ranged between INR 17–19, with movements tied to tourism rebound and commodity exports.
Recent trends show MYR stabilizing around INR 18–19, supported by economic reforms in Malaysia and stable forex reserves in India.
There are a lot of options available to convert MYR to INR, such as banks, local money changers, and airport exchange centres. However, Supreme Forex is a reliable forex platform in India that helps you convert MYR to INR online. The process of converting Malaysian Ringgit to Rupee is simple and very easy. Moreover, you don’t need to spend hours in the queue waiting to get converted currency. With Supreme Forex, you can exchange MYR to INR in the comfort of your home and get the converted currency delivered to your doorstep.
As an RBI-Authorized Dealer, we ensure transparency at every step of the conversion process so you don’t have to worry about hidden charges. We ensure you get the best value for your money.
Get highly competitive rates without hidden charges.
Our rates are updated every minute to reflect market changes, ensuring accuracy.
Supreme Forex is trusted by travelers, students, and businesses for reliable Malaysian currency to INR conversions.
Access real-time rates and complete transactions swiftly.
We provide Forex cards for secure and convenient international spending.
Transfer funds internationally with minimal fees and transparent processes.
Everything you need to know about our services. Can’t find the answer you’re looking for? Please chat to our friendly team.
Yes, generally 1 MYR is stronger than the but it depends on current economic conditions. Historically, the Ringgit has had a higher value than the Rupee.
You should buy foreign currency in India when the exchange rate is favorable, meaning the Indian Rupee (INR) is strong against MYR. Conversely, you may sell Ringgit when the INR is weak, allowing for a better return on conversion. It’s also wise to consider economic indicators, travel plans, and market trends before making a decision.
If you’re an Indian traveling to Malaysia, you can only carry 3000 USD or equivalent currency per person per travel from India, according to RBI guidelines.
Yes, it is perfectly safe to buy and sell currency online. You can easily buy forex online by completing a form on our website and checking the live MYR to INR rate before purchasing.
Yes, Supreme Forex provides highly competitive MYR exchange rates, often better than banks or airport counters, helping you save more when buying or selling MYR for travel, education, or remittance.
Can’t find the answer you’re looking for? Please chat to our friendly team.
