EUR/MYR is trading at 4.8272, 1.9% below its 3-month avg. of 4.9209. Analysts point to mixed signals, with ECB policies and Eurozone PMI stalling impacting the euro, while Malaysia sees strength from a positive trade surplus. Watch for ECB updates for direction

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

The best MYR to EUR exchange rate is 0.2065 from OFX . This is -0.53% compared to the mid-market rate 0.2076.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to Euro (EUR) rates from different sources before making a conversion.

The above Ringgit to Euro 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 MYR-EUR mid-rate and the possible savings of using various providers. 

How do MYR-EUR rates compare between providers?

Looking at the full MYR to EUR - Send Money comparison table the provider with the best MYR to EUR exchange rate is OFX at 0.2065, -0.53% from the latest mid-market rate 0.2076.

The next best is Wise at 0.2063, -0.63% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2012 at -3.1% the OCBC Bank rate is 0.2003 at -3.5% and the Maybank rate is 0.2003 at -3.5% compared to the mid-rate 0.2076.

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.