SAR → 
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.
💱
Rate as of 2026-05-18SAR → MYR Converter
SAR
🇸🇦 SAR 1.00 = 🇲🇾
MYR 1.18
Rate: 1 SAR = 1.1800 MYR
Common conversions
| 🇸🇦 SAR | 🇲🇾 MYR |
|---|---|
| SAR 1.00 | MYR 1.18 |
| SAR 10.00 | MYR 11.80 |
| SAR 100.00 | MYR 118.00 |
| SAR 500.00 | MYR 590.00 |
| SAR 1,000.00 | MYR 1,180.00 |
| SAR 5,000.00 | MYR 5,900.00 |
| SAR 10,000.00 | MYR 11,800.00 |
| SAR 50,000.00 | MYR 59,000.00 |
| SAR 100,000.00 | MYR 118,000.00 |
✨ Mid-market rate · 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
❓ 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.
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