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SAR SAR MYR MYR Rate as of2026-05-18

SAR to MYR Converter.

Current rate

1 SAR = 1.18 MYR as of 2026-05-18. Driven by religious tourism and Halal-economy trade rather than diaspora remittance. Approximately 800,000 Malaysians perform Umrah or Hajj in Saudi Arabia annually, with Tabung Haji (the Malaysian pilgrim savings fund) channeling billions of SAR in pilgrimage payments each year. Saudi-Malaysia bilateral trade reached $5B in 2025, with Saudi crude and petrochemicals flowing to Malaysian refiners and Malaysian Halal food and electronics shipped to the Kingdom. SAR is hard-pegged to USD at 3.75 since 1986, while MYR floats under Bank Negara Malaysia. The Malaysian diaspora in Saudi is modest (~20,000) but growing as Vision 2030 attracts Islamic finance and tech talent.

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SARMYR Converter

SAR
🇸🇦 SAR 1.00 = 🇲🇾
MYR 1.18
Rate: 1 SAR = 1.1800 MYR
Common conversions
🇸🇦 SAR🇲🇾 MYR
SAR 1.00MYR 1.18
SAR 10.00MYR 11.80
SAR 100.00MYR 118.00
SAR 500.00MYR 590.00
SAR 1,000.00MYR 1,180.00
SAR 5,000.00MYR 5,900.00
SAR 10,000.00MYR 11,800.00
SAR 50,000.00MYR 59,000.00
SAR 100,000.00MYR 118,000.00
✨ Mid-market rate · as of 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

SAR trend over time.

Today
1.18
1 SAR = MYR
1 year ago
1.21
↓ 2.5% in 12 months
5 years ago
1.1
↑ 7.3% in 5 years
🔢 Quick reference

SAR to MYR conversion table.

Common Saudi Riyal amounts converted to Malaysian Ringgit at today's rate of 1 SAR = 1.18 MYR. The reverse holds too: 1 MYR = 0.8475 SAR.

SAR → MYR
1 SAR 1.18 MYR
5 SAR 5.9 MYR
10 SAR 11.8 MYR
25 SAR 29.5 MYR
50 SAR 59 MYR
100 SAR 118 MYR
500 SAR 590 MYR
1,000 SAR 1,180 MYR
5,000 SAR 5,900 MYR
10,000 SAR 11,800 MYR
MYR → SAR
1 MYR 0.8475 SAR
5 MYR 4.24 SAR
10 MYR 8.47 SAR
25 MYR 21.19 SAR
50 MYR 42.37 SAR
100 MYR 84.75 SAR
500 MYR 423.73 SAR
1,000 MYR 847.46 SAR
5,000 MYR 4,237 SAR
10,000 MYR 8,475 SAR
💡 About this corridor

Why people convert SAR to MYR.

The SAR/MYR corridor is driven mostly by GCC worker remittances and Hajj/Umrah payments. On the Malaysian Ringgit side, demand comes from Malaysia diaspora remittances, palm oil trade, and travel. Because both sides see steady two-way flow, SAR/MYR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Saudi Riyal has moved down 2.5% against the Malaysian Ringgit, and over five years it has strengthened about 7.3% (from 1.1 to 1.18). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Malaysian Ringgit you receive by a meaningful margin.

Getting the best SAR → MYR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large SAR transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-18 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

SAR to MYR FAQ.

Best way for Malaysian Hajj or Umrah pilgrims to convert MYR to SAR?
Tabung Haji (the Malaysian Hajj savings fund) offers the most cost-effective MYR-to-SAR conversion for registered pilgrims, with rates within 0.3% of mid-market and no transfer fees on Hajj-related payments. For Umrah and tourism, Wise offers the tightest spreads at 0.3-0.4% from mid-market. Money changers at KLIA and Jeddah airports typically charge 1.5-2.5% spreads — avoid for large amounts. Maybank Islamic and CIMB Islamic also offer foreign currency accounts allowing pre-conversion at favorable rates before pilgrimage departure.
How does Saudi Vision 2030 affect Saudi-Malaysia financial flows?
Vision 2030's Islamic finance push has driven multiple bilateral memoranda between Saudi Central Bank (SAMA) and Bank Negara Malaysia covering Sukuk issuance, takaful (Islamic insurance), and Halal certification harmonization. Saudi PIF investments in Malaysian Islamic fintech rose sharply in 2024-2025, and Saudi giga-project employers (NEOM, Red Sea) actively recruit Malaysian Islamic finance professionals. The Comprehensive Economic Partnership negotiations launched in 2025 will further deepen ties.
Why has SAR-MYR been so stable despite MYR floating?
SAR is hard-pegged to USD at 3.75, defended by SAMA's $440B+ FX reserves — the peg has held through every oil shock since 1986. MYR floats but Bank Negara intervenes against excess volatility, and Malaysia's strong external position (current account surplus, $115B reserves) prevents disorderly weakness. SAR-MYR therefore tracks USD-MYR closely, drifting only 7% over five years. The bilateral relationship's structural anchors (Hajj flows, oil trade, Islamic finance) also provide consistent two-way demand.