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Understanding the Table:
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’.
Sending money to Malaysia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.
Japanese yen (JPY) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The current MYR/JPY rate is bullish-to-range-bound, sitting above the 90-day average and within the upper half of the 3-month range.
Bias: bearish-to-range-bound, as the USD is below the 90-day average and in the lower half of the 3-month range.
Bias: Bearish-to-range-bound, as the EUR/MYR is currently below the 90-day average and in the lower half of the 3-month range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
*Converted at the current JPY-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best JPY to MYR exchange rate is 0.0255 from OFX . This is -0.57% compared to the mid-market rate 0.025647.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Japanese yen (JPY) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above Yen 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 JPY-MYR mid-rate and the possible savings of using various providers.
Looking at the full JPY to MYR - Send Money comparison table the provider with the best JPY to MYR exchange rate is OFX at 0.0255, -0.57% from the latest mid-market rate 0.025647.
The next best is XE at 0.0255, -0.57% from the mid-rate.
Then Wise at 0.0255, which is -0.57% 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.
View a full list of exchange rates by selecting your Base (from) currency:
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