Best AUD to MYR Exchange Rates

Buy Malaysian ringgit cash without any fees or commission at the best AUD to MYR exchange rates.

What is a good AUD to MYR exchange rate?

Currently, we are selling Malaysian ringgit at $1 AUD = 2.8594 MYR . This means that for every Australian dollar you convert to Malaysian ringgit, you will get about $1 AUD = 2.8594 MYR in return.

So, is it a good time to buy AUD with MYR?

Well, that depends on your goals and timeframe. If you’re planning to travel overseas and are looking to buy Malaysian ringgit at the best exchange rate between AUD to MYR then Danesh Exchange is the cheapest, easiest and quickest ways to buy Malaysian ringgit in Australia.

Order Malaysian ringgit online without any fees or commissions and pick up from 3000+ Australia post stores or have it delivered right to your door within 2-3 business days.

Its fast, secure and convenient!

Buy Malaysian Ringgit Online

Australia – Dollar (AUD)



Rate 2.8594 MYR
Rate last updated On 26 Sep 2023 & 07:45:02 PM AEST. Please note that these are the Danesh Exchange online sell rates. In-store rates may differ to those advertised online!
Commissions/fees A$0.00
Delivery Date Expected by October 02


A$ 2025.9

Is it a good time to buy AUD with MYR?

There is no definitive answer to this question as it depends on a number of factors, including the current economic conditions in both countries, the relative strength of their currencies, and the amount of money you are exchanging.

Generally, you will get best exchange rate if you exchange a larger amount of money, and if you exchange your money at a currency exchange store rather than using a bank. The best time to exchange your money is usually when the market is most active, which is typically during business hours on weekdays.

Buy Malaysian ringgit online
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Where can I get Malaysian ringgit in Australia?


One of the quickest methods to exchange your cash quickly is to purchase in-store. All you need to do is find currency converter nearby your location and change over the counter (must take your ID). Calling ahead is a wise decision to confirm their rates and that they have enough stock.

Buy online:

The cheapest way but it will take 2-3 days for it arrives. Danesh Exchange offers the best exchange rates and no commissions when you buy foreign online. You will receive an email or text when your money is ready for pick-up or delivery.

Lean more: How to Purchase Foreign Currency Online?


You can also purchase Malaysian ringgit at the airport. However, the rates are terrible and there also a service.

Read more: Reason to avoid currency exchange at the airport

Exchange in destination:

Buying US overseas might sometimes be more affordable. Money changers in popular visitor countries, including Bali, Singapore, and Thailand, gladly take AUD. Usually, their exchange rates are significantly similar to market rates.


There are currently 3 bank that you could purchase Malaysian ringgit. Most banks have dedicated locations in the city where you may exchange currency. You can also purchase it online and pick it up from a selected branch.

Post Offices:

Unfortunately, you cannot purchase foreign cash from Australia post stores. It must be done online and will take upto 5 business days. Its also expensive to Buy Malaysian ringgit from post offices.
Find out: Currency Exchange Australia Post

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How to convert AUD to MYR at the best rates

Converting AUD to MYR is a simple process, but it’s important to make sure you’re getting the best exchange rate. That’s why it’s a good idea to do your research and compare different options before deciding where to convert AUD to MYR. Many banks, foreign exchange dealers, financial services companies, and even most credit cards offer AUD to MYR conversion services. However, some services may have different fees and varying levels of customer service, so it’s best to shop around and read reviews in order to find the best company for converting AUD to MYR at the highest available rate.

You may visit a comparison website like The Currency Shop.
Online currency rate comparison is much simpler than in-store exchange rate comparison. You can compare currency rates online to exchange AUD to MYR at the best rate.
However, remember that it is crucial to compare the total price of each service, including all fees and taxes. Also, remember that Danesh Exchange offers the most competitive AUD/MYR exchange rate.

Conversion rates AUD to MYR

1 AUD 2.8594 MYR
5 AUD 14.2970 MYR
10 AUD 28.5940 MYR
20 AUD 57.1880 MYR
50 AUD 142.9700 MYR
100 AUD 285.9400 MYR
250 AUD 714.8500 MYR
500 AUD 1429.7000 MYR
1000 AUD 2859.4000 MYR
2000 AUD 5718.8000 MYR
5000 AUD 14297.0000 MYR
10000 AUD 28594.0000 MYR

Conversion rates MYR to AUD

1 MYR 0.3497 AUD
5 MYR 1.7486 AUD
10 MYR 3.4972 AUD
20 MYR 6.9945 AUD
50 MYR 17.4862 AUD
100 MYR 34.9724 AUD
250 MYR 87.4309 AUD
500 MYR 174.8619 AUD
1000 MYR 349.7237 AUD
2000 MYR 699.4474 AUD
5000 MYR 1748.6186 AUD
10000 MYR 3497.2372 AUD

When is the Best Time to sell Malaysian ringgit?

With the fluctuations in exchange rates, it can be difficult to know when the best time is to sell Malaysian ringgit. To get the greatest advantage, conduct research into current and past exchange trends, so you will be aware of when it could be beneficial for you to make your purchase. If possible, try to get a sense of how rate changes may influence potential upcoming deals and contracts -this could potentially save you a lot of money. Ultimately, timing is important – watch for any signs of emerging market trends that could work in your favour and act accordingly. By being aware and informed of foreign exchange opportunities, you will have the best chance at getting great value!

How do I get the best exchange rate?

Exchange rates are always changing, and getting the best ones can be tricky. Researching online can help you understand the current exchange rate trends and which locations may offer favorable conversions. Additionally, exploring currency exchanges ahead of time can give you a sense of what the going rate is in more practical terms – rather than just relying on the numbers online. Also, if your travels span multiple countries or currencies, prepaid cards and credit cards may be more cost-effective options than visiting multiple conversion sites or kiosks along your journey. Ultimately, while it takes some extra legwork to get a better exchange rate, taking ownership of your preliminary efforts will help ensure you maximize the result and make the most of your money abroad.