Canadian Dollar to Malaysian Ringgit — CAD to MYR
CAD to MYR Converter
CAD/MYR Rate — Last 30 Days
CAD fell 1.10% vs MYR this week — a clear short-term downtrend. Watch whether this continues or reverses.
The 7-day average rate is below the 30-day average — recent momentum favors MYR strengthening vs CAD. The trend may continue until a catalyst (rate decision, economic data) reverses it.
5 consecutive days where CAD fell vs MYR. Sustained selling pressure — could mean a fundamental shift or just a temporary correction.
The rate is at its lowest point in 30 days. CAD is under significant selling pressure. At lows, a bounce is possible — but only if the fundamental drivers change.
RSI of 2 means CAD has fallen fast relative to MYR and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 2.9125 | 2.8806 | 2.9013 |
| 30 days | 2.9561 | 2.8626 | 2.9023 |
Get notified when rate changes
Set a target rate — we email you when CAD/MYR hits it. Checked every 15 minutes.
Historical CAD/MYR Rates by Year
What drives the CAD/MYR rate?
Whether you're converting CAD for travel, business, or investment, here's what drives the CAD to MYR exchange rate. The CAD/MYR exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best CAD to MYR rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 CAD exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.