Best malaysian ringgit Rate Today in India

1 MYR = 23.88 INR

(As on 2026-02-23 18:04:51)

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Live Malaysian Ringgit Exchange Rate (INR/MYR) Today in India

The Malaysian Ringgit (MYR) is the official currency of Malaysia, and it is widely used among Indian nationals such as tourists, business people, and expats who either visit or move to Malaysia. If you are going for a holiday to Kuala Lumpur, or doing business transactions knowing the INR to MYR exchange rate will help you budget adequately and convert money at the right time.

We at Orient Exchange offer the most favorable MYR exchange rate in India, which is updated in real-time to mirror actual market conditions. By charging standard prices with no hidden markups, we make sure to give you the best money for your Rupees to Malaysian Ringgit conversion every time.

Current INR to MYR Exchange Rate

The INR/MYR exchange rate live today is:

Buying Rate: 23.88

Selling Rate: 23.53

These rates show the amount you will pay to buy MYR or the amount you will get when you sell MYR. There is daily fluctuation in exchange rates because it is influenced by numerous factors such as global market movements, political developments, and changes in international trade. Therefore, it's best to check the live rates before converting so that you can get the best price available.

Key Factors Affecting the INR/MYR Exchange Rate

There are numerous economic and political factors that influence the Indian Rupee to Malaysian Ringgit currency pair.

1. Economic Conditions of Malaysia & India

The currency pair is directly influenced by the GDP growth, inflation, employment, and trade balance data of both countries. Usually, positive economic indicators result in the strengthening of the currency in that region.

2. Central Banking Policies Regarding Money

The central banks of Malaysia and India impact the currency valuations through their decisions regarding interest rates, liquidity, and monetary policy. A rate rise or a policy change can have an effect on both the MYR and INR.

3. Tourism & Travel Requirements

The Indian tourists are among the most significant visitors to Malaysia. Seasonal travels often lead to an increase in MYR's demand in India, thus having a slight effect on the rate.

4. Global Currency Developments

The fluctuations of the major currencies, for instance, the US Dollar, have an indirect impact on the currencies of Asia, including the Malaysian Ringgit. Besides, the global risk sentiment is another factor that plays a significant role.