MYR to INR rate today (5 Oct 2026)
1 MYR
₹23.56
▼ ₹0.0210
₹1
0.0424 MYR
₹1,000 = 42.44 MYR
Over 1 year
+11.86%
from ₹21.06 on 6 October 2025
MYR to INR converter
1.00 MYR =₹23.56 INR
1 MYR = ₹23.56 · ₹1 = 0.0424 MYR. Reference rate for 5 October 2026; banks and money changers add a margin.
MYR to rupees and rupees to MYR
| MYR | INR |
|---|---|
| 1 MYR | ₹23.56 |
| 5 MYR | ₹117.81 |
| 10 MYR | ₹235.62 |
| 50 MYR | ₹1,178.08 |
| 100 MYR | ₹2,356.17 |
| 500 MYR | ₹11,780.85 |
| 1,000 MYR | ₹23,561.70 |
| 5,000 MYR | ₹1,17,808.50 |
| 10,000 MYR | ₹2,35,617.00 |
| INR | MYR |
|---|---|
| ₹100 | 4.24 MYR |
| ₹500 | 21.22 MYR |
| ₹1,000 | 42.44 MYR |
| ₹5,000 | 212.21 MYR |
| ₹10,000 | 424.42 MYR |
| ₹25,000 | 1,061.04 MYR |
| ₹50,000 | 2,122.09 MYR |
| ₹1,00,000 | 4,244.18 MYR |
MYR to INR: the last 30 working days
Over these 30 days the ringgit ranged from ₹23.35 on 8 September 2026 to ₹23.70 on 26 August 2026.
| Date | 1 MYR | Change |
|---|---|---|
| 5 October 2026 | ₹23.56 | ▼ ₹0.0210 |
| 2 October 2026 | ₹23.58 | ▼ ₹0.0011 |
| 1 October 2026 | ₹23.58 | ▲ ₹0.0835 |
| 30 September 2026 | ₹23.50 | ▼ ₹0.0196 |
| 29 September 2026 | ₹23.52 | ▲ ₹0.0117 |
| 28 September 2026 | ₹23.51 | ▼ ₹0.0109 |
| 25 September 2026 | ₹23.52 | ▲ ₹0.0399 |
| 24 September 2026 | ₹23.48 | ▲ ₹0.0133 |
| 23 September 2026 | ₹23.47 | ▲ ₹0.0011 |
| 22 September 2026 | ₹23.46 | ▼ ₹0.0352 |
| 21 September 2026 | ₹23.50 | ▲ ₹0.0038 |
| 18 September 2026 | ₹23.50 | ▲ ₹0.0909 |
| 17 September 2026 | ₹23.41 | ▼ ₹0.0749 |
| 16 September 2026 | ₹23.48 | ▲ ₹0.0009 |
| 15 September 2026 | ₹23.48 | ▲ ₹0.0361 |
| 14 September 2026 | ₹23.44 | ▼ ₹0.0320 |
| 11 September 2026 | ₹23.48 | ▼ ₹0.0006 |
| 10 September 2026 | ₹23.48 | ▲ ₹0.1074 |
| 9 September 2026 | ₹23.37 | ▲ ₹0.0206 |
| 8 September 2026 | ₹23.35 | ▼ ₹0.0069 |
| 7 September 2026 | ₹23.35 | ▼ ₹0.0080 |
| 4 September 2026 | ₹23.36 | ▼ ₹0.0172 |
| 3 September 2026 | ₹23.38 | ▼ ₹0.0967 |
| 2 September 2026 | ₹23.48 | ▼ ₹0.0290 |
| 1 September 2026 | ₹23.51 | ▼ ₹0.1339 |
| 31 August 2026 | ₹23.64 | ▼ ₹0.0530 |
| 28 August 2026 | ₹23.69 | ▲ ₹0.0025 |
| 27 August 2026 | ₹23.69 | ▼ ₹0.0085 |
| 26 August 2026 | ₹23.70 | ▲ ₹0.1211 |
| 25 August 2026 | ₹23.58 |
MYR to INR over the past year
In the year to 5 October 2026 the ringgit was at its highest at ₹24.39 on 20 May 2026, and its lowest at ₹20.77 on 23 October 2025. Against a year ago the rupee has weakened by 11.9%: 1,000 MYR cost ₹21,063 then and ₹23,562 now.
| Over | Rate then | Change |
|---|---|---|
| 1 week | ₹23.51 (28 Sep) | +0.23% |
| 1 month | ₹23.36 (4 Sep) | +0.85% |
| 3 months | ₹23.35 (6 Jul) | +0.89% |
| 6 months | ₹23.05 (2 Apr) | +2.22% |
| 1 year | ₹21.06 (6 Oct) | +11.86% |
A rise means the ringgit costs more rupees: good if you earn or receive MYR, bad if you pay in it.
Why the rate you get is different
The rate on this page is a mid-market reference rate. Nobody sells MYR to you at exactly this price: each provider adds a margin, and some add fees on top.
- Bank transfers abroad: banks use their own card rate, usually 1% to 3% away from the reference rate, plus a transfer fee and GST on the conversion.
- Debit and credit cards: a foreign currency markup of about 2% to 3.5% of the amount, plus 18% GST on the markup. Some travel cards charge no markup.
- Cash at a money changer: the gap between their buying and selling rates is widest for cash, and widest of all at airports.
- Tax collected at source: remittances under the Liberalised Remittance Scheme above ₹10 lakh in a year attract TCS of 20% (2% for education or medical treatment); overseas tour packages attract 2% from the first rupee. You get it back against your income tax.
To see what you are really paying, divide the rupees debited by the MYR received and compare it with ₹23.56.
Other currencies in rupees
| USD to INR US dollar | ₹96.30 |
|---|---|
| EUR to INR Euro | ₹107.89 |
| GBP to INR British pound | ₹127.35 |
| AED to INR UAE dirham | ₹26.22 |
| SAR to INR Saudi riyal | ₹25.68 |
| QAR to INR Qatari riyal | ₹26.46 |
| OMR to INR Omani rial | ₹250.45 |
| BHD to INR Bahraini dinar | ₹256.11 |
| SGD to INR Singapore dollar | ₹75.22 |
| CAD to INR Canadian dollar | ₹67.56 |
| AUD to INR Australian dollar | ₹67.03 |
| NZD to INR New Zealand dollar | ₹53.84 |
| JPY to INR Japanese yen | ₹0.6086 |
| CHF to INR Swiss franc | ₹115.88 |
| CNY to INR Chinese yuan | ₹14.36 |
| HKD to INR Hong Kong dollar | ₹12.27 |
| THB to INR Thai baht | ₹2.8579 |
Frequently asked questions
What is 1 MYR in Indian rupees today?
1 Malaysian ringgit is ₹23.56 at the reference rate for 5 October 2026, and ₹1 is 0.0424 MYR.
How much is 100 MYR in rupees?
100 MYR is ₹2,356 and 1,000 MYR is ₹23,562 at the reference rate. A bank or money changer will give you somewhat less when you sell MYR, and charge somewhat more when you buy it.
Why is my bank's MYR rate different?
This is a mid-market reference rate, halfway between buying and selling. Banks, card networks and money changers add their own margin: often 1% to 3% for bank transfers, 2% to 3.5% on cards (plus GST on the markup), and more at airport counters. Compare the rate you are quoted with this one to see the margin.
Is there tax when I send money abroad from India?
Under the Liberalised Remittance Scheme you can send up to US$2,50,000 a year. Banks collect tax at source (TCS) on remittances above ₹10 lakh in a financial year: 20% for most purposes and 2% for education or medical treatment (nil if the education is paid for with a loan). Overseas tour packages attract 2% TCS from the first rupee. TCS is not an extra tax: it is credited against your income tax or refunded when you file your return.
When does the MYR to INR rate on this page change?
The reference rates are published once each working day, around 7:30 pm India time (4 pm in Frankfurt), and this page picks them up the same evening. Weekends and European holidays carry the previous working day’s rate. Live market rates move all day.
Sources
- European Central Bank – euro foreign exchange reference rates
- Reserve Bank of India – Liberalised Remittance Scheme FAQs
- Income Tax Department – tax collected at source
- FBIL – the official rupee reference rate
Last checked on 5 October 2026. Reference rates are for information only; the rate you get from a bank, card or money changer includes its margin.