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MYR to IDR Exchange Rate

By VisaFold Team · CPA-reviewed · Last updated May 2026

Live MYR to IDR exchange rate — compare Wise, Remitly, and bank wire for Malaysian Ringgit to Indonesian Rupiah transfers

📅 Updated May 2026 ⏱ 6 min read ✅ CPA-reviewed
⚡ Quick Answer

Mid-market rate as of May 2026. Actual transfer rates include fees. Always compare before transferring.

📋 Table of Contents
  1. 1. Today's Rate
  2. 2. Conversion Table
  3. 3. Best Services
  4. 4. How to Transfer
  5. 5. FAQs

Today's MYR/IDR Exchange Rate

MID-MARKET RATE (MAY 2026)
1 MYR = 3380 IDR
Inverse: 1 IDR = 0.000296 MYR
Wise Rate
3380 IDR
Remitly Rate
3356.3 IDR
Bank Rate
3271.8 IDR

Mid-market rate as of May 2026. Actual transfer rates include fees. Always compare before transferring.

MYR to IDR Conversion Table

MYRIDR (Wise)IDR (Bank)Savings with Wise
1 MYR3380.00 IDR3271.84 IDR108.16 IDR
5 MYR16900.00 IDR16359.20 IDR540.80 IDR
10 MYR33800.00 IDR32718.40 IDR1081.60 IDR
25 MYR84500.00 IDR81796.00 IDR2704.00 IDR
50 MYR169000.00 IDR163592.00 IDR5408.00 IDR
100 MYR338000.00 IDR327184.00 IDR10816.00 IDR
250 MYR845000.00 IDR817960.00 IDR27040.00 IDR
500 MYR1690000.00 IDR1635920.00 IDR54080.00 IDR
1000 MYR3380000.00 IDR3271840.00 IDR108160.00 IDR

Best Services for Malaysian Ringgit to Indonesian Rupiah Transfers

💸 Send Money Abroad with Wise
Transfer money internationally with real mid-market rates and low fees. Trusted by 16M+ customers.
Send Money with Wise →
ServiceFee (100 MYR)RateSpeedYou Send → Recipient Gets
🟢 Wise~MYR 0.60Mid-market1–2 days100 MYR → 338000.00 IDR
🔵 RemitlyMYR 0–3.99CompetitiveMinutes–3 days100 MYR → 336310.00 IDR
🟡 Western UnionMYR 5.00Markup 2%Minutes–days100 MYR → 331240.00 IDR
🔴 Bank WireMYR 25–40Markup 3–5%3–5 days100 MYR → 327184.00 IDR

How to Transfer Malaysian Ringgit to Indonesian Rupiah

  1. Choose Wise for best MYR to IDR rates (or Remitly for speed)
  2. Create account and verify identity (passport or government ID)
  3. Enter transfer amount in MYR
  4. Add recipient details: bank account + routing code for Indonesia
  5. Fund transfer from your Malaysia bank account
  6. Recipient receives IDR in Indonesia within 1–2 days

Frequently Asked Questions

Common questions about myr to idr exchange rate

What is the MYR to IDR exchange rate today?

The mid-market MYR to IDR exchange rate is approximately 1 MYR = 3380 IDR (May 2026). Wise offers this mid-market rate with a small 0.4–0.9% fee. Banks typically apply a 3–5% markup, meaning you get less IDR per MYR.

How much IDR will I get for 1,000 MYR?

At the current rate, 1,000 MYR converts to approximately 3380000.00 IDR at mid-market rates. With Wise, you'd receive approximately 3356340.00 IDR after fees. A bank wire would deliver approximately 3271840.00 IDR due to exchange rate markups.

What is the best service to convert MYR to IDR?

Wise consistently offers the best MYR to IDR exchange rates, using the mid-market rate with a 0.4–0.9% fee. For urgent transfers, Remitly offers competitive rates with faster delivery. Avoid bank wires for amounts under MYR 5,000 due to high flat fees and poor exchange rates.

How long does a Malaysian Ringgit to Indonesian Rupiah transfer take?

Transfer times vary by service: Wise takes 1–2 business days, Remitly can deliver in minutes to hours for some corridors, and bank wire takes 3–5 business days. Actual delivery depends on banking hours in Indonesia and local clearing times.

Is there a limit on MYR to IDR transfers?

Transfer limits depend on the service and your verification level. Wise allows verified users to send up to $1 million equivalent per year. Some corridors have lower limits. Large transfers above $10,000 equivalent may require additional documentation under anti-money laundering regulations.

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