Malaysian Ringgit to Pakistani Rupee Exchange Rate Today – Interbank & Open Market Rates
As of June 27, 2025, one Malaysian Ringgit was equal to PKR 67.08 in the interbank market. In the open market, the rate varies between PKR 66.80 to 67.50 depending on location and market demand.
| Key Detail | Information |
|---|---|
| Current Rate (June 27) | 1 MYR = PKR 67.08 (Interbank Market) |
| Open Market Rate | PKR 66.80 – 67.50 |
| Weekly Range | PKR 66.35 (Low) – PKR 67.60 (High) |
| Monthly Change | +1.15% (PKR weakened slightly) |
| Yearly Change (2024–2025) | +2.74% (PKR weaker vs. MYR) |
| 2025 High/Low | High: PKR 68.20 / Low: PKR 64.40 |
| Forecast (End of 2025) | PKR 67–69 per MYR |
| Sources | State Bank of Pakistan, XE, Investing.com |
Recent Trends
Weekly Overview (June 20–27):
- The Pakistani Rupee showed minor weakness against the Ringgit.
- Lowest Rate: PKR 66.35
- Highest Rate: PKR 67.60
- The exchange rate remained relatively stable with less than 1% volatility.
Monthly Overview (May–June 2025):
- Over the last month, the Ringgit appreciated by 1.15% against the PKR.
- The rise is linked to import demand and regional trade settlements.
Yearly Movement (2024–2025)
From January 2025 onward, the PKR has depreciated by 2.74% against the MYR.
| Year | Average Rate (MYR to PKR) | Change |
|---|---|---|
| 2023 | PKR 64.90 | Slight depreciation |
| 2024 | PKR 65.30 | Stable |
| 2025 YTD | PKR 66.85 (average) | PKR weakening |
Forecast for End of 2025
Experts forecast that the Malaysian Ringgit could range between PKR 67 to 69 by the end of 2025. This forecast is based on:
- Pakistan’s foreign reserve levels
- Global oil prices
- Malaysia’s trade balance and regional demand
If Pakistan secures more foreign loans or IMF support, the PKR may gain slightly in the second half of 2025.
Example Conversion
If you exchange MYR 1,000 today, at PKR 67.08, you’ll receive:
PKR 67,080.
If the rate increases to PKR 68.50 in a few months, the same MYR 1,000 would yield:
PKR 68,500 — a gain of PKR 1,420 (excluding transaction fees).
Why the MYR/PKR Rate Fluctuates
Economic & Trade Factors:
- Imports from Malaysia: Pakistan buys palm oil, electronics, and machinery from Malaysia, creating higher demand for MYR.
- Remittances: Pakistani workers in Malaysia send remittances in Ringgit, impacting supply and rate trends.
Political & Monetary Policy:
- Malaysia’s interest rates, economic policies, and inflation also influence the Ringgit’s strength.
- Pakistan’s fiscal health, trade deficit, and exchange reserves determine PKR strength.
Uses of the MYR to PKR Rate
- Remittance Receivers: Families in Pakistan receiving Ringgit from abroad benefit from stronger MYR.
- Business Importers: Traders dealing in Malaysian goods pay more when PKR weakens.
- Travelers & Students: A higher Ringgit rate increases travel and education costs for those heading to Malaysia.
Conclusion
The MYR to PKR exchange rate has slightly increased in June 2025, touching PKR 67.08. With expected economic developments and trade conditions, mild fluctuations are likely. Keeping an eye on forex trends is key for anyone sending, receiving, or using Malaysian Ringgit in Pakistan.
