The comparison table above helps you see the total cost of your 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’.
EUR to MYR Market Data
Euro (EUR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias
EUR/MYR is bearish to range bound, below its 90-day average and in the lower half of the 3-month range, with little near-term upside and weak euro data.
EUR/MYR outlook bearish as Eurozone struggles with poor data, leading to lower investor confidence in the euro. Analysts note Malaysia's stronger GDP and trade surpluses support the MYR. Expect EUR/MYR to remain stable but below recent averages in the near term
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EUR to MYR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to MYR?
The best EUR to MYR exchange rate is 4.7164 from OFX . This is -0.3% compared to the mid-market rate 4.7306.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Euro to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-MYR mid-rate and the possible savings of using various providers.
How do EUR-MYR rates compare between providers?
Looking at the full
EUR to MYR - Send Money comparison table the provider with the best EUR to MYR exchange rate is OFX at 4.7164, -0.3% from the latest mid-market rate 4.7306.
The next best is XE at 4.7022, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.