MYR to EUR - Malaysian Ringgit to Euro Converter

Convert Malaysian Ringgit to Euro with real-time exchange rates

1 MYR = ~0.2101 EUR (rates vary)

Quick Insight

MYR and EUR trade in a moderate band. For quick estimates, use live rates as a reference and track rate moves over a few days.

Reference mid-market rates and add a small allowance for fees

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common MYR - EUR Conversions

24h Change

+0.00%

7d Change

+0.00%

30d Change

+0.00%

1y Change

+0.00%

MYR/EUR Historical Rate

unitconvr.com

Data from European Central Bank via Frankfurter API

Forex Market Hours

Sydney

22:00 - 07:00 UTC

Closed

Tokyo

00:00 - 09:00 UTC

Closed

London

08:00 - 17:00 UTC

Closed

New York

13:00 - 22:00 UTC

Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls

First Friday of month

High Impact

USD pairs

ECB Rate Decision

Every 6 weeks

Medium Impact

EUR pairs

Tips & Recommendations

1Avoid airport exchange bureaus - markups can reach 10-15%
2Use ATMs with local bank cards for near mid-market rates
3Pay in local currency to avoid dynamic currency conversion (DCC)
4Notify your bank before travel to prevent card blocks

Frequently Asked Questions

Policy actions by Bank Negara Malaysia and the European Central Bank, plus inflation, trade balances, and risk sentiment, shape the pair. Expect rate moves to reflect these drivers over time.

Economic Context

Trading Relationship

The US and Eurozone engage in substantial trade, with Europe receiving electronics and palm oil and Malaysia importing machinery and high-tech goods. EUR/MYR exchange affects these flows and associated pricing in supply chains.

Key Rate Factors

•Bank Negara Malaysia and European Central Bank policy
•Inflation differentials between Malaysia and the Euro area
•Malaysia-EU trade balance and tariffs
•Political stability and governance indicators
•Global risk sentiment and safe-haven flows

Central Banks

Bank Negara Malaysia

Kuala Lumpur, Malaysia

Oversees monetary policy, inflation control, financial stability, and exchange rate considerations for Malaysia.

European Central Bank

Frankfurt, Germany

Sets euro area policy, aims for price stability, and manages liquidity for the euro system.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates