Convert 1 USD to MYR | US Dollars to Malaysian Ringgits Exchange Rates (2024)

Depending on your plan, the amount you're exchanging, and the day of the week, you may pay a currency exchange fee. If you're sending USD to MYR accounts, you may also pay a small transfer fee. You'll always see the total cost in-app before you convert, along with the Revolut exchange rate.

Currency exchange fees

If the amount you're exchanging is within your plan’s fair usage limit, you won't pay any additional currency exchange fees on weekdays. You'll pay a 1% fee on all currency exchanges during the weekend, no matter what plan you have. We charge weekend fees because currency exchange markets are closed during that time, and this fee helps us cover any changes in the exchange rate.If you're over your monthly exchange allowance, you'll pay an additional fair usage fee, depending on your plan (1% for the Standard plan and 0.5% for the Plus plan). There are no fair usage fees with our Premium, Metal, and Ultra plans. These limits are set on a rolling monthly basis. You can check your fair usage limit and the date it will reset under Your plan in your profile.

Money transfer fees

When you send USD to a MYR account, you may pay a small transfer fee. This is the amount we charge to process your transfer. The total cost depends on the transfer method you choose, the destination country, and the amount you're sending, but don't worry — you'll see all costs live in-app before you send. You'll get discounts on these fees with our Premium, Metal, and Ultra plans. Heads up — external banks may charge non-Revolut transfer fees that we can't foresee.If you're looking for fee-free money transfers, try a Revolut-to-Revolut transfer. You can send money to other Revolut friends in any of the 36 supported currencies you hold without having to convert.For more information on your plan's fees, check out our terms and policies. Fees are subject to change, but you'll always see them in-app before you convert.

Although MYR isn't yet one of the 36 supported currencies that you can keep and exchange in-app, you can still convert USD to MYR with us in 2 ways: by paying in Malaysian Ringgits with your multi-currency Revolut card while you're abroad or sending a money transfer to Malaysia.

Card payments abroad

When you pay with your Revolut card in Malaysia, we'll automatically exchange your money to MYR. Just add money to your account and shop wherever Visa or Mastercard are accepted.

International money transfers

When you send USD from the United States to MYR accounts in Malaysia, we'll convert your money for you and show you our current conversion rate before you send. Here's how to send money:

1. Download Revolut for Android or iOS, if you haven't already, and sign up for an account.
2. Add money to your account in USD.
3. Go to the Transfers section in your Revolut app.
4. Choose your destination country, then enter how much you want to send in USD or how much you want your recipient to get in MYR.
5. Check our exchange rates, fees, and estimated delivery times in-app.
6. Fill in your recipient's details. You'll usually need their full name, BIC or SWIFT code, and their account number.
7. Tap Send and track your transfer in-app.

We use two-factor authentication to make sure you're the only one who can log in to your account, and we'll send you anti-fraud warnings in-app if we suspect that a transfer may be a scam. We also protect your personal data with our full-stack security systems.Additionally, we use other security methods that vary depending on the Revolut entity you're registered to. Here's how you can learn more.

1. Open the Revolut app.
2. Click on your profile icon on the home screen.
3. Scroll to the bottom of the page and see which Revolut entity shows up.
4. Go to our Help Centre to read more on your Revolut entity and how we keep your money safe.