Malaysia currency rate in India - Live MYR to INR Exchange Rates

Discover the history, live rates, and key facts about the Malaysian Ringgit (MYR). Stay updated on the Malaysia currency rate in India, explore MYR to INR trends, and learn how to convert Malaysian Ringgit to INR for the best exchange value.

Official Country

Malaysia

Currency Code

MYR

Currency Symbol

RM

Live Malaysia currency rate in India

The exchange rate between Malaysian Ringgit (MUR) and Indian Rupee (INR) changes in real-time due to market demand, inflation, and global economic conditions.

Today’s live exchange rate for the Malaysian Ringgit in Indian Rupees is 19.438 INR as on 23/04/2025, Wednesday at 19:49:38 (Subject to market fluctuations)

Currency Information - MYR

The Malaysian Ringgit (MYR) is the official currency of Malaysia and plays a crucial role in the country’s economy. It is commonly used in trade, tourism, and various financial transactions across Southeast Asia. Moreover, the Ringgit is managed by Bank Negara Malaysia, the country’s central bank, ensuring monetary stability. In addition, the currency is known for its vibrant design and security features that reflect Malaysia’s cultural and natural heritage. Below are key details and interesting facts about the currency.

Convert Malaysian Ringgit to INR at the Best Rate

If you want to know the exact value of converting one Malaysian Ringgit to rupees, you’ll need to keep an eye on current currency rates. The currency rates are constantly changing. Supreme Forex, an online currency exchange company, keeps you updated on live currency conversion rates. The tool allows you to track the changing value of 1 Ringgit to INR in India in real-time and get the best price. Currently 23/04/2025, Wednesday at 19:49:38 1 MYR to INR equals 19.438 INR

Live MYR to INR conversion rates for different amounts

Quick Facts about Malaysian Ringgits

Malaysian Ringgit to INR History

The exchange rate between the Malaysian Ringgit (MYR) and Indian Rupee (INR) has fluctuated over the years due to economic trends, trade relations, and global market conditions. Factors such as inflation, interest rates, and geopolitical events influence these fluctuations.

Key Trends & Insights:

  • Steady Growth: The MYR to INR rate has shown an upward trend, with MYR strengthening against INR.
  • Market Influences: Exchange rates fluctuate due to inflation, trade agreements, and currency demand.
  • 2025 Outlook: The MYR is expected to remain stable, but factors like global trade policies and economic stability could impact the rate.

How to Convert Malaysian Ringgit to Indian Rupees?

Check the live MYR to INR rate

Use online forex tools or visit a reliable forex provider.

Choose Your Exchange Method

Banks, currency exchangers, and forex companies offer different rates. Compare before proceeding and choose RBI authorised dealers only.

Select your preferred exchange method

Forex cash or forex cards.

Complete the transaction

Provide necessary KYC documents and get the exchanged amount, as per RBI guidelines.

Compare MYR to INR Exchange Rates & Services

Features

Supreme Forex

Banks

Local Exchange Services

Airport Forex Counters

1. Exchange Rate (MYR to INR)

Competitive real time rates

Better than airpot forex counters

Better than banks but varies by provider

Least favourable (High margins)

2. Service Fees

Lower or zero fees

High processing fees

Moderate fees

Very high fees

3. Convenience

Online & doorstep service

Offline & online, but slow processing

Quick service at select locations

Very convinient for last minute travelers

4. Best For

Best overall rates & convenience

Safe but expensive

Exchange for small amounts

Last minute exchanges only

Forex Products & Services by Supreme Forex

1. Foreign Currency Exchange

Supreme Forex offers real-time exchange rates for multiple currencies, ensuring you get the best value with zero hidden fees. You can buy or sell USD, EUR, GBP, AED, HKD, and more with instant processing, as per RBI Guidelines.

2. Forex Cards

We offer forex cards for international travel. Enjoy benefits like zero forex markup, easy reloading, and global acceptance at ATMs, POS terminals, and online transactions.

International Money Transfers

3. International Money Transfer

Send money abroad for education with secure and fast wire transfers at competitive exchange rates (As per RBI Guidelines)

How to Buy and Sell Malaysian Ringgit with Supreme Forex?

1. Check Live Exchange Rates

Visit the Supreme Forex website or contact customer support to get the latest MYR to INR rates.

2. Select Your Currency & Amount

Choose the currency you  want to exchange (MYR to INR or vice versa) and enter the amount.

3. Provide Required Documents

  • Valid ID Proof (Aadhaar card, PAN Card, Passport) 
  • Travel-related Documents (Visa, Ticket, or Purpose of Exchange Proof, if applicable).
  • Any other documents as may be required.

4. Choose Delivery or Pickup Option

  • Home Delivery: Get foreign exchange delivered to your doorstep in major Indian Cities (Including Delhi, Ahmedabad, Kolkata and Hyderabad)
  • Store Pickup: Visit the nearest Supreme Forex branch for instant currency exchange.

5. Complete the Payment

Make payment securely via online banking or cash (as per RBI limits)

6. Receive Your Foreign Exchange

Once verified, your currency or forex card will be delivered or ready for pickup, (as per RBI Guidelines.)

Trusted by International Travellers for all their currency needs

22+

Branches across India

29+

Years of Forex Expertise

2 Lac+

Travelers Helped

Why Choose Supreme Forex?

Supreme Forex is your trusted partner for currency exchange, offering the best MYR to INR rates with zero hidden fees. Unlike banks and local exchangers, we provide transparent pricing, competitive rates, and fast service.

Trusted by a wide community of satisfied customers

Trusted by over 2 lakh+ travelers over the years.

Fast, Transparent and FairTransactions

Experience quick and secure processing for buying or selling MYR.

RBI-Authorized & Trusted

Supreme Forex ensures 100% authorised and transparent transactions.

Doorstep Delivery

Get your MYR delivered at home in major Indian cities including Delhi, Hyderabad, Kolkata, Ahmedabad

Multiple Forex Solutions

Choose from forex cards, cash exchange, and wire transfers for your convenience.

Competitive Rates

Get real-time, market-driven MYR exchange rates with no hidden fees.

Malaysian Ringgit Currency exchange in Other Indian Cities

City

Live MYR to INR rate

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Frequently Asked Questions (FAQs) on MYR to INR Conversion

Everything you need to know about our services. Can’t find the answer you’re looking for? Contact us
How Often Do MYR to INR Rates Change?

MYR to INR exchange rates change multiple times daily due to fluctuations in the global forex market, making it essential to check real-time updates before exchanging currency.

Factors Affecting MYR to INR Exchange rate are – 

  • Trade relations between Malaysia and India
  • Global economic trends
  • Inflation and interest rate policies

Converting MYR to INR in India is usually better, as forex dealers like Supreme Forex offer competitive rates, lower fees, and transparent transactions compared to exchange counters in Malaysia, ensuring better value.

Supreme Forex provides real-time rates, low fees, and doorstep services, ensuring the best deal for customers.

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