Malaysian Ringgit to Indian Rupee

247386INR per MYR
Live rate RBI Authorised Dealer · Same-Day Delivery
Buy at Today's Rate

1 Malaysian Ringgit = ₹24.74 with Matrix Forex today. 100 ringgit is ₹2,474, 500 ringgit is ₹12,369 and 1,000 ringgit is ₹24,739, refreshed through Indian trading hours.

Trip Budgets, Converted

What Common Budgets Become

Three planning numbers in ringgit, at today's rate. Every figure refreshes live with the market.

A Short Trip · ₹50,000 RM 2,021 fifty thousand rupees in ringgit A long weekend's spending money, notes plus card.
The Family Holiday · ₹2,00,000 RM 8,085 two lakh rupees in ringgit A week for two, prepaid hotels not included.
A Semester Abroad · ₹10,00,000 RM 40,423 ten lakh rupees in ringgit Living costs territory; tuition goes by remittance.
MYR to INR Conversion Table

Every Amount, Converted

23 rows at our live rate. From 1 ringgit in rupees to 50000 ringgit in rupees, every figure updates with the market.

MYR to INR conversion table for common amounts
Amount in MYRValue in INR
1 MYR ₹24.74
5 MYR ₹124
10 MYR ₹247
20 MYR ₹495
50 MYR ₹1,237
100 MYR ₹2,474
200 MYR ₹4,948
300 MYR ₹7,422
400 MYR ₹9,895
500 MYR ₹12,369
750 MYR ₹18,554
1000 MYR ₹24,739
1500 MYR ₹37,108
2000 MYR ₹49,477
3000 MYR ₹74,216
3500 MYR ₹86,585
5000 MYR ₹1,23,693
7500 MYR ₹1,85,540
10000 MYR ₹2,47,386
15000 MYR ₹3,71,079
20000 MYR ₹4,94,772
25000 MYR ₹6,18,465
50000 MYR ₹12,36,930
Lakh, Crore, Million

Large Amounts in Indian Numbering

1 Lakh MYR ₹24,73,860
10 Lakh MYR ₹2,47,38,600
1 Million MYR ₹2,47,38,600

In words: ₹24.74 is twenty-four rupees and seventy-four paise.

MYR to INR Chart

One Month to Ten Years

Every range is drawn from real ECB daily closes, and the tables below keep the history readable. Hover or tap for any day's rate.

₹23.2980per MYR · ECB close 2026-08-10
₹20.8₹21.9₹23.0₹24.1₹24.39₹20.60Aug 25Dec 25Apr 26Aug 26
1Y High₹24.39
1Y Low₹20.60
Average₹22.56
Change Since Aug 25▲ 12.1%

Last 10 Sessions

DateRateChange
2026-08-10₹23.2980 ▲ 0.10%
2026-08-07₹23.2740 ▼ 0.05%
2026-08-06₹23.2860 ▲ 0.20%
2026-08-05₹23.2390 ▼ 0.29%
2026-08-04₹23.3060 ▲ 0.12%
2026-08-03₹23.2780 ▼ 0.27%
2026-07-31₹23.3420 ▼ 0.41%
2026-07-30₹23.4380 ▲ 0.21%
2026-07-29₹23.3890 ▼ 0.15%
2026-07-28₹23.4250 ▼ 0.22%

Monthly High and Low, Last 12 Months

MonthHighLowAverageMove
Jul 2026₹23.66₹23.27₹23.47 ▲ 0.3%
Jun 2026₹24.03₹22.80₹23.33 ▼ 3.3%
May 2026₹24.39₹23.96₹24.18 ▼ 0.4%
Apr 2026₹24.00₹23.05₹23.55 ▲ 3.1%
Mar 2026₹23.77₹23.17₹23.50 ▼ 0.8%
Feb 2026₹23.41₹22.88₹23.20 ▲ 0.8%
Jan 2026₹23.46₹22.14₹22.57 ▲ 4.7%
Dec 2025₹22.25₹21.68₹22.00 ▲ 2.2%
Nov 2025₹21.65₹21.14₹21.39 ▲ 2.4%
Oct 2025₹21.18₹20.77₹20.98 ▲ 0.5%
Sep 2025₹21.14₹20.82₹20.96 ▲ 1.1%
Aug 2025₹20.87₹20.46₹20.71 ▲ 2.0%
The Outlook · Computed, Not Predicted

Where the Rate Stands

Ten years of daily closes, summarised so you can judge for yourself. Recomputed nightly. No forecasts, ever.

₹23.30 · 71% of the year's range
52-week low₹20.60
52-week high₹24.39

Higher on this scale means the ringgit costs a rupee buyer more than it has most of the past year.

Typical Daily Move0.29% about 7 paise, measured over the last 30 sessions
A Normal Month From Here₹22.99 to ₹23.61 the range recent volatility supports; symmetric, not a direction call
Against Its Own AveragesAbove 200-day 50-day ₹23.38 · 200-day ₹22.99
12-Month Change+12.1% 3-month -4.3% · 6-month +1.0%

Month by Month, Ten Years

Average move by calendar month, 2016 to 2026. Red months historically cost rupee buyers more; green months less. Past patterns do not repeat on schedule.

J+1.1%
F-0.3%
M-0.5%
A+0.3%
M-0.2%
J+0.2%
J+0.4%
A+0.7%
S+0.9%
O-0.4%
N+0.5%
D+0.8%

Buy Once, or Split?

Against each month's average rate, across the last three years of real data:

75%less luck when you split
Everything on one day±1.16% · ₹2,312 on ₹2,00,000
Four weekly tranches±0.28% · ₹568 on ₹2,00,000
How people do thisForex card reloads
Rate differentialThe gap between US Federal Reserve and RBI policy rates steers capital flows and the pair's direction.
Crude oilIndia imports most of its oil in dollars. Costlier crude widens the trade deficit and pressures the rupee.
Portfolio flowsForeign money entering or leaving Indian equities and bonds moves daily demand for rupees.
RBI smoothingThe RBI intervenes to slow sharp moves in either direction. It dampens volatility rather than setting a level.

Historical data and volatility statistics, not investment advice or a rate forecast. Rates move both ways. Source: ECB reference rates via the Matrix data worker.

Cash, Card or Transfer

Three Ways to Take Your Ringgit

💵

Currency Notes

Malaysian Ringgit notes delivered to your door, same day in 16 cities. Up to the USD 3,000 equivalent per trip goes as cash.

💳

Forex Card

Load ringgit on a reloadable card and tap like a local. The safer half of any travel budget.

🏦

Remittance

Fees, tuition and family support sent abroad under LRS, with GST and any TCS always itemised separately.

The Other Direction

INR to MYR

1 Indian rupee = RM 0.0404. ₹1,000 is RM 40.42, ₹1 lakh is RM 4,042 and ₹1 crore is RM 4,04,227. Full INR to MYR page →

The Full Read

Convert MYR to INR Online at Today's Rate

Our currency converter shows the value of 1 Malaysian ringgit in Indian rupees at our live rate, the same rate you can actually book with Matrix Forex. Right now 1 MYR equals ₹24.74. The MYR to INR rate on this page refreshes through Indian market hours, and every figure in the conversion table above is calculated at that same live rate. Matrix Forex is an RBI Authorised Dealer Category-II: book online at the rate you see, share your passport, PAN, visa and travel tickets, and once our compliance team verifies them your currency notes or loaded forex card reach your door the same day across 16 Indian cities, payable on delivery.

Malaysia: Visa-Easy and Ringgit-Priced

Visa-free entry has pushed Malaysia up the list for Indian travellers, and the trip prices itself in ringgit: hawker meals in single digits, Grab rides in tens, hotels in hundreds. Kuala Lumpur is card-friendly, but night markets, kopitiams and island operators prefer notes, so a ringgit float bought in India at our live rate plus a forex card is the working combination. The ringgit is a partially managed currency and its notes are not freely traded outside the region, which is why airport rates for it run especially wide.

One Trip, Three Currencies

Malaysia anchors many multi-stop itineraries: Singapore before it, Thailand or Indonesia after. Each neighbour uses its own currency at very different values, and each has its own live page on this site. Buying all legs in India at the market rate beats changing money border by border.

Booking, Delivery and Selling Back

Buying MYR online takes three steps: book at the rate you see, share your passport, PAN, visa and travel tickets for our compliance team to verify, and take same-day delivery of malaysian ringgit as currency notes or a loaded forex card across 16 Indian cities, payable on delivery. Selling leftover ringgit back is just as direct, at a rate that refreshes with the market.

Four Steps · Ships With HowTo Schema

How to Buy Malaysian Ringgit Online

1

Book Your Rate

Enter the amount above and book at the rate you see. It holds while we process your order.

2

Share Documents

Passport, PAN, visa and travel tickets. A quick share is all we need to start.

3

Compliance Check

Our compliance team verifies everything, fully RBI-compliant, so the whole transaction stays clean and legal.

4

Same-Day Delivery

Currency notes or a loaded forex card at your door across 16 cities, usually the same day. Pay on delivery.

Book in Two Minutes

Get Your Exact MYR Quote

Tell us the amount and your city. The desk calls back with your exact quote for your amount, and the rate freezes when you confirm, not when it suits us.

  • Same-Day DeliveryCurrency notes or a loaded forex card, across 16 cities.
  • Rate Locked at BookingYour quote holds while our compliance team verifies your documents.
  • Every Charge ItemisedGST and any TCS as separate lines, never inside the rate.

Prefer to talk first? Call the desk or WhatsApp us.

How Do You Want It?

No obligation, no spam. One callback with your exact quote.

Frequently Asked

MYR to INR Questions

What is the MYR to INR rate today?

One Malaysian ringgit is ₹24.74 with Matrix Forex today. It refreshes through Indian trading hours.

How much is 1000 ringgit in rupees?

1000 MYR is ₹24,739 at today's rate. 500 ringgit is ₹12,369, 100 ringgit is ₹2,474 and 5,000 ringgit is ₹1,23,693.

Is now a good time to buy ringgit?

We do not forecast. Today sits at 71% of the 52-week range, and splitting into four weekly tranches cut typical deviation by 75% over three years.

How much cash should I carry to Malaysia?

Kuala Lumpur runs well on cards; markets and small towns prefer cash. Most travellers carry a moderate ringgit float. Malaysia requires declaring the USD 10,000 equivalent or more on arrival.

Can I use Singapore dollars or rupees in Malaysia?

No. Malaysia prices in ringgit, and neither SGD nor INR spends at the till. Carry ringgit for Malaysia and Singapore dollars for the Singapore leg.

Why is the airport's ringgit rate so poor?

The ringgit trades thinly outside the region, so airport counters at both ends quote some of their widest spreads on it. The live rate on this page is the honest benchmark for any quote.

Where can I buy Malaysian Ringgit in India?

From any RBI-authorised dealer. Matrix Forex holds AD Category-II licence NDL-ADII-0023-2023 and delivers ringgit same-day across 16 cities.