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Indian rupee to Malaysian ringgit Exchange Rate History - XTransfer

Indian rupee to Malaysian ringgit Historical Exchange Rates

Welcome to the INR to MYR exchange rate history page. This page contains detailed daily historical exchange rates between INR and MYR from 2025-3-8 to 2026-05-18, making it easy to look up and reference.

Amount
Result

1 INR = 0.0411579 MYR

00:31 Exchange Rate

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1 Indian rupee to Malaysian ringgit Historical Exchange Rate Trends

1 INR = -- MYR

00:31 Exchange Rate

INR - MYR+0%
7D
1M
3M
Invalid DateInvalid Date

1 Indian rupee to Malaysian ringgit Data Statistics

This section organizes the historical exchange rate data of 1 INR to MYR, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.0411579
0.0418898
0.0426752
0.0435172
Low
0.0411579
0.0410473
0.0410473
0.0410473
Average
0.0411579
0.0413968
0.0417769
0.0424124

Past 7 days historical exchange rates

Below are the daily average exchange rates of INR to MYR for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MYR to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

INR to MYR - Last 7 Days

INRINRMYRMYR
2026-05-17
0.0411579
INRINRMYRMYR
2026-05-16
0.0411579
INRINRMYRMYR
2026-05-15
0.0410473
INRINRMYRMYR
2026-05-14
0.0410694
INRINRMYRMYR
2026-05-13
0.041146
INRINRMYRMYR
2026-05-12
0.0411635
INRINRMYRMYR
2026-05-11
0.0415814

MYR to INR - Last 7 Days

MYRMYRINRINR
2026-05-17
24.2966721
MYRMYRINRINR
2026-05-16
24.2966721
MYRMYRINRINR
2026-05-15
24.3621383
MYRMYRINRINR
2026-05-14
24.3490287
MYRMYRINRINR
2026-05-13
24.303699
MYRMYRINRINR
2026-05-12
24.2933667
MYRMYRINRINR
2026-05-11
24.0492143

INRINR - Indian Rupee

The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.

  • Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
  • Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
  • Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
  • Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
  • Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
  • language:en
  • Main unit:1 Rupee
  • ISO code:INR
  • Currency name:Indian Rupee
  • Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
  • Central Bank:Reserve Bank of India (RBI)
  • Safe-haven currency:No, it is a currency in a highly volatile emerging market.
  • Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
  • Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
  • Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.

MYRMYR - Malaysian Ringgit

The Ringgit has been issued since 1967, reflecting the modernization of Malaysia's economy. MYR is competitive in the Southeast Asian market, especially supporting the development of the manufacturing and export industries.

  • Supporting unit:1 Linjitt = 100 points (Sen)
  • Denomination of banknotes:1, 5, 10, 20, 50, 100 Ringgit Malaysia
  • Reserve currency:No, but it serves as a certain reserve in the Southeast Asian region.
  • Banknote material:Items priced at 5 yuan and below are made of polymer, while the others are mostly made of paper.
  • Metal composition:Nickel-plated steel core, brass-plated, stainless steel
  • Currency symbol:RM
  • Paper currency size:For example, 100 ringgit is approximately 145mm × 69mm.
  • language:en
  • Main unit:1 Ringgit
  • ISO code:MYR
  • Currency name:Malaysian Ringgit
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:Bank Negara Malaysia
  • Safe-haven currency:No, it belongs to emerging market currencies and is significantly affected by capital flows.
  • Coin denomination:5, 10, 20, 50 points
  • Countries of Use:Malaysia is the only country where it is used officially.
  • Cross-border payment:Supports networks such as SWIFT and the Asian Payment Network (APS). The ringgit has a certain circulation base in neighboring countries like Singapore and Thailand, but the US dollar remains the primary settlement currency.

FAQ

Based on the historical patterns of Indian rupee to Malaysian ringgit, is now a good time to exchange?

To judge the timing for exchanging Indian rupee to Malaysian ringgit, one must compare current rates with the average over the past year or even five years. If the current Indian rupee rate is well above the historical average, it usually means INR is in a strong period, making it a good window for settlement into MYR. Conversely, if Indian rupee is at a historical low, it is recommended for exporters to hold INR in batches and avoid the troughs to minimize losses when converting to MYR.

What are the main reasons affecting the historical volatility of INR to MYR recently?

The core factor affecting the historical volatility of Indian rupee to Malaysian ringgit recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of INR tends to increase, leading to a significant rise in its historical exchange rate against MYR. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for INR, thereby intensifying the frequency of two-way volatility between Indian rupee and Malaysian ringgit.

Has INR experienced a sharp plunge against MYR before? How can I protect myself?

Historically, Indian rupee against Malaysian ringgit has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Indian rupee exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of INR to MYR within an acceptable trade cost range.

Is the current exchange rate of Indian rupee to Malaysian ringgit considered a historical high or low?

To evaluate the current level of INR to MYR, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Indian rupee is approaching a historical resistance level. If the current INR price has broken through highs from years ago, it indicates that INR is at an extreme high; exchanging Indian rupee to Malaysian ringgit now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Indian rupee to Malaysian ringgit?

AI predictions for INR to MYR are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of INR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Indian rupee to Malaysian ringgit should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.