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Japanese Yen to Malaysian Ringgit - Calculate Compare Save

JPY to MYR mid-rate = 0.037225

Right now the JPY/MYR market mid-rate is 0.037225 and represents ideally how many Malaysian Ringgit you can get for one Japanese Yen (21-08-2018 06:26:29 GMT) .

You can calculate equivalent currency amounts at this mid-rate below. Then select the transaction type to compare the best exchange rates available for JPY to MYR transfers or buying MYR travel money.


Currency Converter JPY to MYR

1 JPY equals
0.037225 MYR 1MYR= 26.8634 JPY

Compare how much you can save on exchange rates for:

Foreign Transfers   

Get fee-free global money transfers with our partner OFX
When sending JPY to MYR we recommend our global partner WorldRemitWorldRemit
3 Month JPY/MYR Chart
JPY-MYR 3 Month chart

Japanese Yen

Malaysian Ringgit

1 JPY 0.0372 MYR
5 JPY 0.1861 MYR
10 JPY 0.3723 MYR
20 JPY 0.7445 MYR
50 JPY 1.8613 MYR
100 JPY 3.7225 MYR
250 JPY 9.3063 MYR
500 JPY 18.61 MYR
1,000 JPY 37.23 MYR
2,000 JPY 74.45 MYR
5,000 JPY 186.13 MYR
10,000 JPY 372.25 MYR
50,000 JPY 1,861.25 MYR

Japanese Yen

Malaysian Ringgit

26.86 JPY 1 MYR
134.32 JPY 5 MYR
268.63 JPY 10 MYR
537.27 JPY 20 MYR
1,343.17 JPY 50 MYR
2,686.34 JPY 100 MYR
6,715.85 JPY 250 MYR
13,431.70 JPY 500 MYR
26,863.40 JPY 1,000 MYR
53,726.80 JPY 2,000 MYR
134,317.00 JPY 5,000 MYR
268,634.00 JPY 10,000 MYR
1,343,170.00 JPY 50,000 MYR

MYR Country Guides

Japanese Yen to Malaysian Ringgit (JPY-MYR) - 10 Year History

The below table shows the historic variation in the JPY/MYR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.

DateExchange RatePeriod
12 Aug 20180.03691 Week
20 Jul 20180.03651 Month
20 Feb 20180.03626 Months
19 Aug 20170.03931 Year
19 Aug 20160.04002 Years
20 Aug 20130.03375 Years
21 Aug 20080.030810 Years

The three things you need in order to get a good JPY to MYR exchange rate

  1. Know the latest JPY/MYR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Transaction Costs - Margins and Fees for JPY/MYR Transfers and Currency Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from JPY to MYR.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending JPY 100,000 to MYR

ProviderRatingFeesExchange RateMargin
OFX logo OFX
¥00.036922RM3692.20 MYR1%
ジャスコ JUSCO  logo ジャスコ JUSCO
¥10000.035468RM3511.33 MYR5.85%
Average Bank Rate
Citibank logo  HSBC logo  ジャスコ JUSCO  logo 
¥150.034719RM3458.25 MYR7.27%
¥1500.034504RM3445.22 MYR7.62%
Citibank logo Citibank
¥120.034186RM3418.19 MYR8.35%
OFX logo OFX
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: RM3692.20 MYR
Exchange Rate: 0.036922
(Inverse 1MYR=JPY 27.0841)
Fees: ¥0
Total Cost : 1% (from mid-rate: 0.037295)
This is the amount of money that could be received by your transfer at rate JPY/MYR=0.036922 and inclusive of the fee of ¥0.
Rate timestamp : 1:28 Local
ジャスコ JUSCO  logo ジャスコ JUSCO

Price Details
Receive: RM3511.33 MYR
Exchange Rate: 0.035468
(Inverse 1MYR=JPY 28.1944)
Fees: ¥1000
Total Cost : 5.85% (from mid-rate: 0.037295)
Receive MYR RM180.87 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/MYR=0.035468 and inclusive of the fee of ¥1000.
Average Bank Rate
Citibank logo  HSBC logo  ジャスコ JUSCO  logo 
This is the average JPY to MYR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

Price Details
Receive: RM3458.25 MYR
Exchange Rate: 0.034891
(Inverse 1MYR=JPY 28.6607)
Fees: ¥15
Total Cost : 7.27% (from mid-rate: 0.037295)
Receive MYR RM233.95 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/MYR=0.034719 and inclusive of the fee of ¥15.
Rate available to HSBC Online Banking customers only.

Price Details
Receive: RM3445.22 MYR
Exchange Rate: 0.034504
(Inverse 1MYR=JPY 28.9821)
Fees: ¥150
Total Cost : 7.62% (from mid-rate: 0.037295)
Receive MYR RM246.98 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/MYR=0.034504 and inclusive of the fee of ¥150.
Citibank logo Citibank
Rate available to Citibank customers via online banking.
Price Details
Receive: RM3418.19 MYR
Exchange Rate: 0.034186
(Inverse 1MYR=JPY 29.2517)
Fees: ¥12
Total Cost : 8.35% (from mid-rate: 0.037295)
Receive MYR RM274.01 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate JPY/MYR=0.034186 and inclusive of the fee of ¥12.
% Margins to latest JPY/MYR mid-rate: 0.037295
Rates @ 08/21/2018

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Currency News, Research and Forecasts for Japanese Yen and Malaysian Ringgit

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the JPY vs MYR, you should pay attention to both Japanese Yen and Malaysian Ringgit news and forecasts.

Japanese Yen (JPY) - Market news and forecasts

Approaching the middle of August, the yen is the best performing currency of the year. Although it holds only a modest 1.7 percent gain over the US dollar (110.81) year-to-date, it's up handsomely elsewhere. Versus the Australian dollar (80.92), euro (126.43) and pound (141.60), the yen has gained an average of 8 percent.

The yen has been widely sought by investors in recent months due to its safe haven status. Investors have become more risk averse following chaos in emerging markets, led by Turkey and Argentina, and Washington’s massive tariffs on imported goods, which threaten global trade. The yen has also benefitted from speculation that the Bank of Japan will soon make changes to its ultra-loose monetary policy. Although low by international standards, yields on Japanese government bonds have risen to long-term highs and are now double 2017 averages.

In August, SEB was forecasting end-of-September rates of: EUR/JPY, 122; USD/JPY, 111; AUD/JPY, 82.

Malaysian Ringgit (MYR) - Market news and forecasts

The ringgit lost more than 5 percent of its value against the dollar between April and August 10th – the date of this report. At a rate of 4.083 per dollar, the ringgit appeared undervalued, with several analysts suggesting a push back towards 3.8-3.9, however this would take time.

Weakness in the ringgit was partly a contagion effect derived from chaos in other emerging market currencies, specifically the Turkish lira and Argentine peso, but also the effect of May’s shock election result which saw the incumbent Barisan Nasional coalition lose power in Malaysia for the first time in sixty years. A massive amount of US protectionism in 2018 has also played a part due to negative ramifications for global trade.

Deutsche Bank said in August that the ringgit was the most attractive investment proposition among all 22 emerging market currencies that it assessed.

Why can't I just get the same JPY/MYR market rate I see on Google or in the Media?

The JPY/MYR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the JPY / MYR was traded (bought or sold) in the international markets.

When you look up the current Japanese Yen to Malaysian Ringgit exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great JPY to MYR mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our JPY to MYR currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Japanese Yen cross rates and reviews of leading foreign exchange providers versus the Banks.