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Understanding the Table:
The comparison table above helps you see the total cost of your CIMB 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’.
Malaysian ringgit (MYR) to Chinese yuan (CNY) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR/CNY Outlook: Slightly positive, but likely to move sideways as the rate is currently above its recent average and near its 90-day highs.
MYR/USD Outlook: The outlook for the MYR against the USD is bullish, as the rate is significantly above its 90-day average and near recent highs, supported...
USD/CNY Outlook: The outlook is slightly weaker, but likely to move sideways as the rate is below its recent average and near recent lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Chinese yuan across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-CNY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The CIMB Bank MYR to CNY exchange rate is 1.6845. This is -3.1% compared to the latest MYR-CNY mid-market rate 1.7384.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above CIMB Bank - Ringgit to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CIMB Bank and other foreign exchange providers against the latest MYR-CNY mid-rate and the possible savings of using various providers.
Looking at the full MYR to CNY - Send Money comparison table the provider with the best MYR to CNY exchange rate is Wise at 1.728, -0.6% from the latest mid-market rate 1.7384.
Among the banks the CIMB Bank rate is 1.6845 at -3.1% the OCBC Bank rate is 1.6776 at -3.5% and the Maybank rate is 1.6776 at -3.5% compared to the mid-rate 1.7384.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like CIMB 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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