Understanding the Table:
The comparison table above helps you see the total cost of your ANZ Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The average AUD rate margin offered by ANZ Bank is 4.4%.
This average is based on individual AUD 10K transfer rates in the currency pairs from ANZ Bank that we monitor.
The tables below show the best and worst exchange rate margins offered by ANZ Bank for Australian dollar (AUD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Australian dollar (AUD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/MYR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and facing mixed signals regarding current drivers.
AUD/USD Outlook: The outlook for AUD/USD is slightly positive, but likely to move sideways as the rate remains above its recent average and near multi-year...
USD/MYR Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by significant economic concerns in the US.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
| AUD | MYR |
|---|---|
| A$ 1,000 | RM 2,739 |
| A$ 5,000 | RM 13,695 |
| A$ 20,000 | RM 54,780 |
| A$ 100,000 | RM 273,900 |
| AUD | MYR |
|---|---|
| A$ 365.10 | RM 1,000 |
| A$ 1,826 | RM 5,000 |
| A$ 7,302 | RM 20,000 |
| A$ 36,510 | RM 100,000 |
More amounts
*Converted at the current AUD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best AUD to MYR exchange rate is 2.7253 from OFX . This is -0.5% compared to the mid-market rate 2.7390.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above ANZ Bank - Aussie to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ANZ Bank and other foreign exchange providers against the latest AUD-MYR mid-rate and the possible savings of using various providers.
Looking at the full AUD to MYR - Send Money comparison table the provider with the best AUD to MYR exchange rate is OFX at 2.7253, -0.5% from the latest mid-market rate 2.7390.
The next best is XE at 2.7225, -0.6% from the mid-rate.
Then Western Union at 2.7116, which is -1% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ANZ Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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