Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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 EUR rate margin offered by Wise is 0.75%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K) transactions. Margins show the percentage difference from the mid-market rate.
Euro (EUR) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bearish-to-range-bound, with EUR/MYR below its 90-day average and in the lower half of the three-month range.
Bias: range-bound, current level sits near the 90-day average and in the middle of the 3-month range.
Bias: bearish-to-range-bound, as USD/MYR sits below its 90-day average and in the lower half of the three-month range, with room to drift on US data and oil moves.
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 * :
*Converted at the current EUR-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise EUR to MYR exchange rate is 4.6849. This is -0.61% compared to the latest EUR-MYR mid-market rate 4.7138.
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 Wise - Euro to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest EUR-MYR mid-rate and the possible savings of using various 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 4.6997, -0.3% from the latest mid-market rate 4.7138.
The next best is XE at 4.6855, -0.6% from the mid-rate.
Then Wise at 4.6849, which is -0.61% from the mid-rate.
The Western Union rate is 4.6667 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 like Wise 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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