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MYR to JPY - Rate Guide

Malaysian Ringgit to Japanese Yen exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 MYR = 26.51 JPY

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MYR to JPY - Trading Range (90 Day)
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MYR/JPY at 26.52 is trading near the 90-day average 26.46 with a range 25.98 to 27.16. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Malaysian Ringgit to Japanese Yen

MYR

JPY

RM 1
¥ 26.51
RM 5
¥ 132.55
RM 10
¥ 265.10
RM 20
¥ 530.20
RM 50
¥ 1,326
RM 100
¥ 2,651
RM 250
¥ 6,628
RM 500
¥ 13,255
RM 1,000
¥ 26,510
RM 2,000
¥ 53,020
RM 5,000
¥ 132,550
RM 10,000
¥ 265,100
RM 50,000
¥ 1,325,500
RM 100,000
¥ 2,651,000
More amounts

MYR

JPY

RM 0.0377
¥ 1
RM 0.1886
¥ 5
RM 0.3772
¥ 10
RM 0.7544
¥ 20
RM 1.8861
¥ 50
RM 3.7722
¥ 100
RM 9.4305
¥ 250
RM 18.86
¥ 500
RM 37.72
¥ 1,000
RM 75.44
¥ 2,000
RM 188.61
¥ 5,000
RM 377.22
¥ 10,000
RM 1,886
¥ 50,000
RM 3,772
¥ 100,000
More amounts

To calculate specific MYR/JPY amounts use our Convert MYR to JPY quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for MYR/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

MYR to JPY International Money Transfers

  

Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee MYRTotal CostDeal Links
TransferWise logo
263,549 ¥26.49RM510.62%
OFX logo
262,000 ¥26.20 for BER users (normally $15)1.2%
Maybank International Money Transfers
Maybank logo
253,341 ¥25.59RM1004.47%
OCBC Bank International Money Transfers
OCBC Bank logo
253,341 ¥25.59RM1004.47%
United Overseas Bank International Money Transfers
United Overseas Bank logo
253,341 ¥25.59RM1004.47%
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
251,610 ¥25.33155.12%
HSBC logo
250,124 ¥25.05RM155.68%
Citibank International Money Transfers
Citibank logo
247,902 ¥24.82126.52%
 
TransferWise logo
TransferWise: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:26.49 (0.11% from mid-rate)
To Amount (JPY)263,549 ¥
Total Cost:0.62%
Time:1:08 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:26.2 (1.2% from mid-rate)
To Amount (JPY)262,000 ¥
Total Cost:1.2%
Difference:
¥1,549 JPY less than using TransferWise
Time:
Rate Fetched: 1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:25.59 (3.5% from mid-rate)
To Amount (JPY)253,341 ¥
Total Cost:4.47%
Difference:
¥10,208 JPY less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:25.59 (3.5% from mid-rate)
To Amount (JPY)253,341 ¥
Total Cost:4.47%
Difference:
¥10,208 JPY less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:25.59 (3.5% from mid-rate)
To Amount (JPY)253,341 ¥
Total Cost:4.47%
Difference:
¥10,208 JPY less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:25.34 (4.45% from mid-rate)
To Amount (JPY)251,610 ¥
Total Cost:5.12%
Difference:
¥11,939 JPY less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:25.05 (5.54% from mid-rate)
To Amount (JPY)250,124 ¥
Total Cost:5.68%
Difference:
¥13,425 JPY less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→JPY
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:24.82 (6.41% from mid-rate)
To Amount (JPY)247,902 ¥
Total Cost:6.52%
Difference:
¥15,647 JPY less than using TransferWise
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/17/2020 - View latest rates

Country Guides (MYR & JPY)

JapanJapan (JPY)MalaysiaMalaysia (MYR)

MYR and JPY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the MYR vs JPY, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.

 

Japanese Yen (JPY)

The threat of proxy war between the US and Iran in Iraq has helped bring on the recent gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.

Last year, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.


How to get Best MYR to JPY Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

When is the best time to exchange MYR to JPY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic MYR/JPY exchange rate over longer periods.

MYR/JPY - Historical Rates

PeriodMYR/JPYDate
1 Day26.495810 Feb 2020
7 Day26.626104 Feb 2020
30 Day26.874012 Jan 2020
3 Month26.195113 Nov 2019
1 Year27.087611 Feb 2019
5 Year33.167412 Feb 2015
10 Year26.296113 Feb 2010

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