MYR to CAD

Convert Malaysian Ringgit to Canadian Dollar

1 MYR = 0.2888 CAD

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Divide the amount in Malaysian Ringgit (MYR) by 10 and triple it to get it in Canadian Dollar (CAD)

How to convert Malaysian Ringgit to Canadian Dollar

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert MYR to CAD

The cost of converting MYR to CAD depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Malaysian Ringgit to Canadian Dollars conversion rates

1 MYR0.29 CAD
5 MYR1.44 CAD
10 MYR2.89 CAD
20 MYR5.78 CAD
50 MYR14.44 CAD
100 MYR28.88 CAD
250 MYR72.19 CAD
500 MYR144.39 CAD
1000 MYR288.77 CAD
2000 MYR577.54 CAD
5000 MYR1,443.86 CAD
10000 MYR2,887.72 CAD
1 CAD3.46 MYR
5 CAD17.31 MYR
10 CAD34.63 MYR
20 CAD69.26 MYR
50 CAD173.15 MYR
100 CAD346.29 MYR
250 CAD865.74 MYR
500 CAD1,731.47 MYR
1000 CAD3,462.94 MYR
2000 CAD6,925.89 MYR
5000 CAD17,314.71 MYR
10000 CAD34,629.43 MYR

Top Currency Pairings for Malaysian Ringgit


CAD to MYR

MYR to USD

MYR to EUR

MYR to GBP

MYR to AUD

MYR to SGD

MYR to JPY

MYR to CAD

MYR to CHF

MYR to CNY

MYR to INR

MYR to THB
Looking for another MYR currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

The MYR, also known as the Malaysian Ringgit, is the currency of Malaysia. It is the official legal tender of Malaysia and can be used for transactions within the country. Its currency code is MYR and its symbol is RM.

CAD stands for the Canadian Dollar, which is the currency of Canada. It is recognized as legal tender in Canada and is widely accepted for all transactions within the country. The Canadian Dollar is not used as legal tender in any other countries.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Malaysia€60€20
Canada€120€70
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.