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Malaysian ringgit to Indian rupee Exchange Rate History - XTransfer

Malaysian ringgit to Indian rupee Historical Exchange Rates

Welcome to the MYR to INR exchange rate history page. This page contains detailed daily historical exchange rates between MYR and INR from 2025-3-8 to 2026-02-09, making it easy to look up and reference.

Amount
Result

1 MYR = 22.9374 INR

00:30 Exchange Rate

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1 Malaysian ringgit to Indian rupee Historical Exchange Rate Trends

1 MYR = -- INR

00:30 Exchange Rate

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

1 Malaysian ringgit to Indian rupee Data Statistics

This section organizes the historical exchange rate data of 1 MYR to INR, 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
22.9374
23.5065
23.5065
23.5065
Low
22.9374
22.8686
22.1538
21.2673
Average
22.9374
23.1039
22.7684
22.1675

Past 7 days historical exchange rates

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

MYR to INR - Last 7 Days

MYRMYRINRINR
2026-02-09
22.9374
MYRMYRINRINR
2026-02-08
22.9374
MYRMYRINRINR
2026-02-07
22.9534
MYRMYRINRINR
2026-02-06
22.8686
MYRMYRINRINR
2026-02-05
22.9566
MYRMYRINRINR
2026-02-04
22.9939
MYRMYRINRINR
2026-02-03
22.9472

INR to MYR - Last 7 Days

INRINRMYRMYR
2026-02-09
0.0436
INRINRMYRMYR
2026-02-08
0.0436
INRINRMYRMYR
2026-02-07
0.0436
INRINRMYRMYR
2026-02-06
0.0437
INRINRMYRMYR
2026-02-05
0.0436
INRINRMYRMYR
2026-02-04
0.0435
INRINRMYRMYR
2026-02-03
0.0436

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.

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.

FAQ

What is the relationship between Malaysian ringgit to Indian rupee exchange rate and remittance?

The actual amount received during remittance is directly affected by the MYR to INR exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the MYR to INR exchange rate can result in substantial changes in actual amounts.

Why are the Malaysian ringgit to Indian rupee exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see MYR to INR on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of Malaysian ringgit to Indian rupee exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between MYR and INR, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of Malaysian ringgit to Indian rupee based on historical exchange rates?

Look at the charts of MYR to INR over the past few months. If the trend is upward, it means MYR is appreciating and exchanging to INR is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
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.