EUR to MYR Transfers Compared

   

EUR/MYR currently at 4.7923, 2% below its 3-month avg of 4.888. Analysts note the euro's weakness amid geopolitical uncertainty and a dovish ECB, while the MYR gains from strong GDP growth and stable interest rates. Expectations of rate cuts might impact EUR further

@bestfxrates   

   

What is the best Send Money conversion rate for EUR to MYR?

The best EUR to MYR exchange rate is 4.7779 from OFX . This is -0.3% compared to the mid-market rate 4.7923.

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 4.7779, -0.3% from the latest mid-market rate 4.7923.

The next best is XE at 4.7635, -0.6% from the mid-rate.

Then Wise at 4.7632, which is -0.61% from the mid-rate.

The Western Union rate is 4.7443 which is -1% 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.