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🇲🇾 MYR / 🇵🇰 PKR ✓ Official Mid-Market Rate (0% Markup) Independent Analysis

MYR to PKR Exchange Rate & Bank Wire Fee Comparison (2026)

Convert Malaysian Ringgit (MYR) to Pakistani Rupee (PKR). The live interbank midpoint rate is 1 MYR = 63.7801 PKR. Compare hidden currency conversion spreads across major international wire systems.

Live Converter

MYR to PKR Real-Time Calculator

Sourced via Central Bank Interbank Feeds
Quick amounts
RM
→
Rs
63,780.07
Official benchmark rate (0% markup applied)
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Historical Benchmarks

MYR to PKR Historical Exchange Rates

Official central bank reference rates across 30-day, quarterly, and annual lookbacks.

Official Reference Feeds
Period Interbank Midpoint Yield on RM1,000 Trend / Variance
Today (Interbank Midpoint) 1 MYR = 63.7801 PKR Rs63,780.07 Current Live Rate
30 Days Ago 1 MYR = 63.5249 PKR Rs63,524.95 +0.4% (Higher)
90 Days Ago (Quarterly) 1 MYR = 64.5454 PKR Rs64,545.43 -1.2% (Lower)
180 Days Ago (Half-Year) 1 MYR = 62.4407 PKR Rs62,440.69 +2.1% (Higher)
1 Year Ago (52W Midpoint) 1 MYR = 63.7801 PKR Rs63,780.07 +0.0% vs Annual Baseline
Settlement Timeline

MYR to PKR Delivery & Settlement Windows

Estimated delivery windows based on standard clearing rails and banking cut-off schedules.

Target System: Raast / PRISM / IBAN
Direct Domestic Rail 0 - 2 Hours

Local Automated Clearing

Transfers settling through local domestic rails (Raast / PRISM / IBAN) typically clear within hours during standard operating windows.

Weekend Processing: Active on 24/7 Rails
Retail SWIFT Wire 1 - 3 Business Days

Correspondent Banking

Traditional commercial banks route through intermediary correspondent networks, adding clearing stops and compliance verifications.

Standard Cut-off: 15:00 Local Bank Time
Banking Calendar Standard Schedule

Cut-off & Holiday Factors

Wires sent after Friday 15:00 local time or during official bank holidays in either origin or destination will hold until Monday morning.

Holiday Settlement: Next Business Day
⚠️

Important Clearing Disclaimer: Settlement timeframes are estimates based on standard bank operating windows and domestic clearing rail architectures (Raast / PRISM / IBAN). Actual arrival is subject to originating bank cut-off deadlines, correspondent intermediary verification checkpoints, and international AML/KYC screening. Not a contractual arrival guarantee.

Institutional Market Windows

Global FX Market Trading Sessions & Real-Time Liquidity Clock

Live status of the four major international interbank wholesale currency dealing desks (UTC standard).

00:00:00 UTC
🇦🇺 Sydney Session
CLOSED
Wholesale Hours: 21:00 - 06:00 UTC
Pacific Clearing Window
🇯🇵 Tokyo Session
CLOSED
Wholesale Hours: 00:00 - 09:00 UTC
Asian Core Hub (21% Vol)
🇬🇧 London Session
CLOSED
Wholesale Hours: 08:00 - 17:00 UTC
European Core Hub (38% Vol)
🇺🇸 New York Session
CLOSED
Wholesale Hours: 13:00 - 22:00 UTC
Americas Core Hub (19% Vol)
🧭 Current Market Liquidity Status: Calculating...
Optimal execution: During London & NY overlap (13:00 - 17:00 UTC)

ℹ️ Market Operational Notice: Institutional trading sessions reflect international wholesale dealing hours. Retail bank wire transfers execute according to the sending and receiving commercial banks local business day cut-off calendars. For educational and liquidity timing analysis only.

Transfer Preparation

Required Details to Wire MYR to PKR

Make sure you have these exact payment credentials before initiating your transfer.

1. Recipient Identity

Beneficiary Full Name

Exact match as registered on recipient bank account.

2. Account Identifier

Raast / PRISM / IBAN

IBAN, Account Number, or local domestic routing code.

3. Bank Code

SWIFT / BIC Code

8 or 11 character identifier of the recipient's bank branch.

4. Transfer Purpose

Payment Reference

Invoice number or descriptive reference for AML compliance.

Macroeconomic Analysis

MYR vs PKR: Central Bank Policy & Inflation Matrix

Official interest rate benchmarks and consumer price index (CPI) differentials shaping cross-border value.

Official Macro Indicators
🇲🇾

Malaysian Ringgit (MYR)

Bank Negara Malaysia (BNM)

Policy Rate

3.0%

Benchmark rate
Annual CPI Inflation

2.0%

Consumer prices
Estimated Real Yield (Rate - Inflation): +1.0%
🇵🇰

Pakistani Rupee (PKR)

State Bank of Pakistan (SBP)

Policy Rate

17.5%

Benchmark rate
Annual CPI Inflation

9.6%

Consumer prices
Estimated Real Yield (Rate - Inflation): +7.9%
Policy Rate Differential: 14.50% (MYR vs PKR)
Inflation Differential: 7.60% (Annual CPI spread)
ℹ️

Macroeconomic Policy Notice: Central bank interest rates and CPI metrics are compiled from public statistical releases (Bank Negara Malaysia (BNM), State Bank of Pakistan (SBP)) for macroeconomic educational context. They do not constitute retail banking deposit guarantees or investment advice. WireCompare does not provide portfolio management or trading services.

Macroeconomic Valuation

MYR to PKR: Purchasing Power Parity (PPP) & Inflation Simulator

Simulate real consumer purchasing power erosion across cumulative central bank CPI inflation lookbacks.

1. Origin CPI Erosion +25.8%

To match the domestic purchasing power of RM1,000 from 2020, you need:

Adjusted Domestic Principal

RM1,258.26 MYR

Based on cumulative Bank Negara Malaysia (BNM) CPI figures.

2. Nominal Spot Payout Current Interbank

Converting that baseline principal today at current interbank spot (1 MYR = 63.7801 PKR) yields:

Nominal Spot Converted

Rs63,780.07 PKR

Without real purchasing power adjustment.

3. Real PPP Equivalent +23.4% Target CPI

True purchasing power parity target in PKR to preserve original basket consumption:

Real PPP Target Value

Rs80,235.33 PKR

Reflects bilateral real exchange rate parity.

Purchasing Power Parity Alignment Gauge: Calculated Parity

Relative inflation differential between MYR and PKR indicates historical purchasing power trajectory.

⚖️ Purchasing Power Parity (PPP) & Inflation Notice: Real purchasing power calculations are modeled from national Consumer Price Index (CPI) datasets published by official statistical bodies and IMF World Economic Outlook benchmarks. Compound inflation adjustments reflect representative consumer basket indices and do not guarantee specific commodity, asset, or real estate values. Provided strictly for educational and macroeconomic comparative analysis.

Interactive Trend Analysis

MYR to PKR Historical Exchange Rate Chart

Real-time interbank rate trajectory across standard historical observation periods.

Period Low

--

Period High

--

Period Average

--

Current Spot

Rs63.7801

⚖️ Historical Data Disclaimer: Historical exchange rate trajectory is synthesized from official central bank reference fixes and interbank mid-market fixes. Past foreign exchange movements do not predict future trends. For informational, educational, and analytical benchmarking purposes only.

Corridor Volatility & Trend

52-Week Exchange Rate Position

Liquidity Status: High & Stable
52W Low: Rs58.6777 Current: Rs63.7801 52W High: Rs68.8825
Lower bound Current rate sits at 50.0% of annual range Upper bound
Independent Market Analysis

Compare Wire Transfer Costs: MYR to PKR

Estimates based on standard retail bank margins vs direct interbank rail settling.

Zero Promotional Bias
RM1,000 MYR
RM250 RM5,000 RM10,000 RM20,000
Benchmark

Direct Midpoint Rail

0.0% Rate Markup (Interbank)

Rail Fee:RM4.50
Rate:63.7801
Clearing:Instant / Same Day
Recipient Receives

Rs63,780.07

Maximum Yield

Optimal Benchmark Rail
Retail SWIFT

Commercial Banks

~3.2% Hidden FX Margin

SWIFT Fee:RM25.00
Bank Rate:61.7391
Speed:2-4 Business Days
Recipient Receives

Rs872.53

-Lost to Hidden Margin

High Intermediary Margin
Consumer Wallet

Global Wallets

3.5% Currency Spread

Tx Fee:RM4.99
Rate:61.5478
Speed:Instant (Closed Wallet)
Recipient Receives

Rs887.41

Closed loop balance

Convenient but Marked Up
Cash Agent

Cash Remittance

Retail Spread + Cash Fee

Counter Fee:RM8.00
Rate:62.2493
Speed:Physical Counter / 1 Day
Recipient Receives

Rs896.12

Physical cash pickup

Agent Network Fee
Transparent Cost Breakdown

Traditional Bank Wire Cost Itemization (MYR to PKR)

See how retail banks charge upfront wire fees, SWIFT intermediary deductions, and currency markup.

Based on G20 Remittance Pricing Metrics
Transfer Principal: RM1,000.00 MYR
1. Originating Bank Upfront Wire Fee

Fixed outgoing international wire tariff charged by retail banks.

RM25.00
2. SWIFT Intermediary / Correspondent Bank Fee

Charged by routing banks under standard SWIFT SHA/BEN clearing rules.

RM20.00
3. Retail Exchange Rate Margin (Hidden Spread)

Typical 2.8% markup added on top of the interbank midpoint.

RM28.00
Total Traditional Bank Friction: -RM73.00
Recipient Receives via Commercial Bank: Rs883.60
Transparent Direct Rail 0% Rate Markup
Direct Domestic Clearing Fee: RM4.50
Intermediary Correspondent Deductions: RM0.00 (Bypassed)
Currency Exchange Markup: 0.00% (Interbank Spot)
Recipient Receives: Rs63,493.06
Estimated Direct Advantage: +Rs62,609.46

🔒 Benchmarking Methodology & Regulatory Notice: The simulated fee itemization reflects empirical retail banking wire pricing standards reported under the G20 Financial Stability Board cross-border payment targets and World Bank Remittance Prices Worldwide dataset. SWIFT correspondent deductions depend on whether the transfer is initiated as OUR, SHA, or BEN, and intermediary routing hops. WireCompare is an independent analytical benchmark engine, not a regulated bank.

Lookup Tables

MYR to PKR Fast Conversion Matrix

Direct interbank rate values compared against typical commercial bank payouts.

🇲🇾 MYR to 🇵🇰 PKR

1 MYR = 63.7801 PKR
Amount Mid-Market Rate Bank Payout Hidden Spread
RM1 MYR Rs63.78 PKR Rs0.00 -Rs1,236.82
RM5 MYR Rs318.90 PKR Rs0.00 -Rs1,244.99
RM10 MYR Rs637.80 PKR Rs0.00 -Rs1,255.19
RM25 MYR Rs1,594.50 PKR Rs308.70 -Rs1,285.81
RM50 MYR Rs3,189.00 PKR Rs1,852.17 -Rs1,336.83
RM100 MYR Rs6,378.01 PKR Rs4,939.13 -Rs1,438.88
RM250 MYR Rs15,945.02 PKR Rs14,199.99 -Rs1,745.02
RM500 MYR Rs31,890.03 PKR Rs29,634.77 -Rs2,255.26
RM1,000 MYR Rs63,780.07 PKR Rs60,504.32 -Rs3,275.74
RM5,000 MYR Rs318,900.34 PKR Rs307,460.75 -Rs11,439.59
RM10,000 MYR Rs637,800.69 PKR Rs616,156.29 -Rs21,644.40

🇵🇰 PKR to 🇲🇾 MYR (Reverse)

1 PKR = 0.0157 MYR
Amount Mid-Market Rate Bank Payout Hidden Spread
Rs1 PKR RM0.02 MYR RM0.00 -RM0.30
Rs5 PKR RM0.08 MYR RM0.00 -RM0.31
Rs10 PKR RM0.16 MYR RM0.00 -RM0.31
Rs25 PKR RM0.39 MYR RM0.08 -RM0.32
Rs50 PKR RM0.78 MYR RM0.46 -RM0.33
Rs100 PKR RM1.57 MYR RM1.21 -RM0.35
Rs250 PKR RM3.92 MYR RM3.49 -RM0.43
Rs500 PKR RM7.84 MYR RM7.29 -RM0.55
Rs1,000 PKR RM15.68 MYR RM14.87 -RM0.81
Rs5,000 PKR RM78.39 MYR RM75.58 -RM2.81
Rs10,000 PKR RM156.79 MYR RM151.47 -RM5.32
Mid-Market Rate

63.7801

1 MYR = Rs63.7801

Inverse Rate

0.0157

1 PKR = RM0.0157

52-Week Range

58.6777 - 68.8825

Annual volatility band

Target Bank System

Raast / PRISM / IBAN

Clearing rail for PKR

Knowledge Base

Frequently Asked Questions (MYR to PKR)

Click any question to expand
Q What is the current exchange rate for MYR to PKR?
As of 2026, the real mid-market interbank rate is 1 MYR = 63.780069 PKR. This is the true benchmark rate with zero hidden bank markup.
Q How much does a bank charge to send MYR to PKR?
Most traditional high-street banks charge a front-end wire fee of around RM25 plus a 2.5% to 4% hidden exchange rate markup. On a RM1,000 transfer, you typically lose around Rs3,297.43 compared to specialized neobanks like Wise.
Q What bank codes are needed to send PKR to Pakistan?
To receive PKR in Pakistan, the recipient typically needs to provide their Raast / PRISM / IBAN.
Q How fast does an international transfer take between MYR and PKR?
Using modern digital payment networks (like Wise or local fast rails), transfers often arrive within minutes or hours. Traditional SWIFT bank wires take 2 to 4 business days.

Related Corridors From MYR

View Reverse: PKR to MYR →