Maybank SGD to JPY Transfers Compared

       

What is the Maybank Send Money conversion rate for SGD to JPY?

The Maybank SGD to JPY exchange rate is 113.51. This is -3.5% compared to the latest SGD-JPY mid-market rate 117.62.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Japanese yen (JPY) rates from different sources before making a conversion.

The above Maybank - Singapore dollar to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank and other foreign exchange providers against the latest SGD-JPY mid-rate and the possible savings of using various providers. 

How do Maybank SGD-JPY rates compare between providers?

Looking at the full SGD to JPY - Send Money comparison table the provider with the best SGD to JPY exchange rate is Wise at 117.33, -0.25% from the latest mid-market rate 117.62.

The next best is OFX at 117.04, -0.49% from the mid-rate.

Then XE at 116.92, which is -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 111.26 at -5.4% the OCBC Bank rate is 114.45 at -2.7% and the Maybank rate is 113.51 at -3.5% compared to the mid-rate 117.62.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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.