5 Malaysian Ringgits to Nigerian Nairas today

Convert MYR to NGN effortlessly at the latest exchange rate with Instarem Malaysia.

Please enter amount

1.0000 MYR = 364.1180 NGN

5 MYR = 1820.5900 NGN

Mid-market exchange rate at June 16, 2025, 8:02 am (UTC)

Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

How to convert MYR to NGN

Input amount

Type the amount you want to convert into the calculator.

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Review rates

The current MYR to NGN conversion rate will display.

Convert Malaysian Ringgit to Nigerian Naira

MYR	NGN
1 MYR	364.1180 NGN
3 MYR	1092.3540 NGN
5 MYR	1820.5900 NGN
8 MYR	2912.9441 NGN
10 MYR	3641.1801 NGN
13 MYR	4733.5341 NGN
14 MYR	5097.6521 NGN
20 MYR	7282.3602 NGN
25 MYR	9102.9502 NGN
29 MYR	10559.4222 NGN
30 MYR	10923.5402 NGN
36 MYR	13108.2483 NGN
37 MYR	13472.3663 NGN
38 MYR	13836.4843 NGN
50 MYR	18205.9004 NGN
85 MYR	30950.0307 NGN
95 MYR	34591.2108 NGN
100 MYR	36411.8008 NGN
190 MYR	69182.4215 NGN
200 MYR	72823.6016 NGN
500 MYR	182059.0040 NGN
1,000 MYR	364118.0080 NGN
5,000 MYR	1820590.0400 NGN
8,000 MYR	2912944.0640 NGN
10,000 MYR	3641180.0800 NGN
25,000 MYR	9102950.2000 NGN
60,000 MYR	21847080.4800 NGN

Last updated at June 16, 2025, 8:02 am (UTC)

Convert Nigerian Naira to Malaysian Ringgit

NGN	MYR
1 NGN	0.0027 MYR
3 NGN	0.0082 MYR
5 NGN	0.0137 MYR
8 NGN	0.0220 MYR
10 NGN	0.0275 MYR
13 NGN	0.0357 MYR
14 NGN	0.0384 MYR
20 NGN	0.0549 MYR
25 NGN	0.0687 MYR
29 NGN	0.0796 MYR
30 NGN	0.0824 MYR
36 NGN	0.0989 MYR
37 NGN	0.1016 MYR
38 NGN	0.1044 MYR
50 NGN	0.1373 MYR
85 NGN	0.2334 MYR
95 NGN	0.2609 MYR
100 NGN	0.2746 MYR
190 NGN	0.5218 MYR
200 NGN	0.5493 MYR
500 NGN	1.3732 MYR
1,000 NGN	2.7464 MYR
5,000 NGN	13.7318 MYR
8,000 NGN	21.9709 MYR
10,000 NGN	27.4636 MYR
25,000 NGN	68.6591 MYR
60,000 NGN	164.7817 MYR

Last updated at June 16, 2025, 8:02 am (UTC)

MYR to NGN exchange rate chart

(1Y)

1 month

3 months

6 months

YTD

1 year

Mid market rate

Date range:

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1 Malaysian Ringgit to Nigerian Naira
historical data

Data range:

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NGN

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Rates and fees are for illustration purposes.

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How to send money to Nigeria from Malaysia: 4 easy steps

Fill in your recipient's information.

Choose the type of currency you want to send, input the amount, and select your preferred transfer method.

Note: Refer to our international money transfer limits guide for more information on the maximum amount you can transfer in a single transaction to your choice location.

Key in the verification code that is sent to your registered phone number or email. This helps us keep your money safe.

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If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.

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Have questions?

You can check the current rates on the calculator on this page. Please note that exchange rates fluctuate regularly due to market conditions. For the accurate rate we recommend checking the rates at the time of exchange or sending of money.

Exchanging currency at the airport can be costly due to high fees and unfavorable rates. Additionally, the money changer charges a higher margin when compared to exchanging foreign currency outside of the airport.

Instarem allows you to convert MYR to NGN at live rates. The rate given to you reflects the current market rate with minimal margins and no hidden fees to surprise you.

Yes, you can transfer money from Malaysia to other countries via bank transfers, online payment services, and money transfer agencies. Make sure to check the specific regulations and fees in Malaysia. You may also need to provide identification and comply with their respective regulations.

Transfer money anywhere in the world with ease with Instarem, where competitive exchange rates and low fees come standard. Choose us for seamless transactions and outstanding customer support, making us your top choice for international money transfers. You can transfer money from Malaysia to over 60+ countries.

Accepting foreign currency in Malaysia involves several considerations to ensure that transactions are handled smoothly and efficiently. Here are some methods you can consider:

Merchant Accounts for Foreign Currencies: Some banks and payment service providers offer merchant accounts that can accept and process payments in multiple currencies. This can be particularly useful for businesses dealing with international clients.
Payment Gateway Services: Online payment gateways like Stripe, PayPal, and Square allow businesses to accept payments in various currencies. These platforms convert the currency and deposit funds in your local currency, typically for a fee.
Credit and Debit Card Payments: Accepting international credit and debit cards is a straightforward way to handle foreign currencies. The card network handles the currency conversion, and the amount is deposited in your local currency.
Digital Wallets: Services like Apple Pay, Google Wallet, and Alipay can accept payments from international customers in their local currencies, converting them into your currency.
Direct Bank Transfers: Customers can transfer money directly to your bank account in their currency, with the bank handling the conversion process.

Instarem offers competitive exchange rates for international money transfers, and you can check the exchange rates for your specific transfer at Instarem website or Instarem app at any time.
Instarem's exchange rates are updated in real-time to reflect the current market rates, which means that you can be sure that you are getting a fair rate for your transfer.

To convert MYR to NGN in Malaysia, you can use banks, currency exchange bureaus, or online currency exchange services. Rates may vary, so it’s advisable to compare the exchange rates and fees offered by different providers.

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