Canadian Dollar to Malaysian Ringgit — CAD to MYR
CAD to MYR Converter
CAD/MYR Rate — Last 30 Days
CAD edged up 0.21% this week — modest gains, no strong directional signal.
The 7-day and 30-day averages are very close — CAD/MYR is consolidating without a clear directional bias. Watch for a breakout from this range.
3 consecutive days where CAD gained vs MYR. Consistent streaks indicate sustained buying pressure — but longer streaks increase the odds of a short-term pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
RSI below 50 means sellers are in control over the recent period. At 40, momentum is moderately bearish — not extreme, suggesting the downtrend may have room to continue.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 2.9104 | 2.8965 | 2.9040 |
| 30 days | 2.9292 | 2.8626 | 2.8910 |
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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.