Frankfurter API (ECB & central bank mid-market rates) · May 2026

🇭🇰 HKD to 🇲🇾 MYR

Convert Hong Kong Dollar to Malaysian Ringgit — mid-market exchange rate

1 HKD =

0.5067 MYR

1 MYR =

1.9735 HKD

Updated May 2026

HKD to MYR Conversion Table

🇭🇰 HKD🇲🇾 MYRDetails
HK$100.00 HKDRM50.6721 MYRFull breakdown →
HK$1,000.00 HKDRM506.7207 MYRFull breakdown →
HK$10,000.00 HKDRM5,067.21 MYRFull breakdown →

MYR to HKD Conversion Table

🇲🇾 MYR🇭🇰 HKD
RM100.00 MYRHK$197.3474 HKD
RM1,000.00 MYRHK$1,973.47 HKD
RM10,000.00 MYRHK$19,734.74 HKD

→ Full MYR to HKD conversion page

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Understanding the HKD/MYR Exchange Rate

The Hong Kong Dollar to Malaysian Ringgit exchange rate currently stands at 1 HKD = 0.5067 MYR, based on mid-market rates sourced from Frankfurter API (ECB & central bank mid-market rates) as of May 2026. The mid-market rate represents the midpoint between the buy and sell prices on global currency markets — it's the fairest rate available and the one used by financial professionals. When you actually exchange money through a bank or currency service, expect the rate to include a markup of 0.3% to 5% depending on the provider.

Practical Implications for International Payments

Since 1 HKD is worth less than 1 MYR, transfers from HKD to MYR result in smaller numerical amounts. A HK$1,000 HKD payment converts to approximately RM506.7207 MYR. For recurring international payments, services like Wise (formerly TransferWise) and Revolut typically offer rates within 0.3–0.7% of the mid-market rate, while traditional banks may charge 1.5–4% markups.

Who Needs HKD to MYR Conversion?

This currency pair is commonly used by people moving between Hong Kong and Malaysia — including expatriates sending money home, freelancers invoicing international clients, students paying overseas tuition, and travelers budgeting for trips. For cost-of-living comparisons that account for local purchasing power (not just exchange rates), see our Cost of Living by Country tool.

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Frequently Asked Questions

How much is 1 HKD in MYR?
1 Hong Kong Dollar (HKD) equals 0.5067 Malaysian Ringgit (MYR) at the mid-market rate as of May 2026.
How much is 1 MYR in HKD?
1 Malaysian Ringgit (MYR) equals 1.9735 Hong Kong Dollar (HKD) at the mid-market rate as of May 2026.
What is the best way to convert HKD to MYR?
For the best rates, use services like Wise (TransferWise) or Revolut which offer near mid-market rates with low transparent fees. Traditional banks typically add 1-3% markup to the exchange rate. Always compare the total cost (rate + fees) rather than just the quoted exchange rate.
Is HKD stronger than MYR?
Yes, 1 HKD buys less than 1 MYR, meaning MYR has a higher unit value. However, currency "strength" depends on purchasing power, not unit value — check our Cost of Living Comparison for real spending power.
How do I budget in MYR if I earn HKD?
Start by converting your monthly income: for example, HK$1,000 HKD = RM506.7207 MYR. Then use our Cost of Living tool to check actual monthly expenses in Malaysia. Remember that exchange rates fluctuate, so budget 5-10% buffer.

Rates from Frankfurter API (ECB & central bank mid-market rates) (May 2026). Mid-market indicative rates — actual rates may vary. Not financial advice.