This was announced by the Australian government which said it was "deeply concerned by the escalating violence in Rakhine State in Myanmar and the resulting humanitarian crisis in Myanmar and Bangladesh".
The Australian government called for restraint by the Myanmar authorities, for the protection of civilians, and for unfettered access to be granted to humanitarian workers.
"We recognise the heavy burden placed on Bangladesh as a result of the conflict. The United Nations estimates that more than 270,000 people have now crossed the border in order to escape violence in Rakhine State.
"Australia will provide up to $5 million to help respond to the crisis. Our assistance will contribute to life-saving food being provided to up to 300,000 people.
"Australian support in Bangladesh will be provided through the World Food Programme and the International Organisation for Migration. In Myanmar, Australia will work with the Red Cross movement to reach those affected by the conflict.
"This funding will bring Australia's assistance for Rohingya and affected communities in Myanmar and Bangladesh to over $50 million since 2012," the Australian government said.