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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Guatemala 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 Guatemala bank accounts or pay a Guatemalan quetzal invoice.
MYR to GTQ Market Data
Malaysian ringgit (MYR) to Guatemalan quetzal (GTQ) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MYR →
Buy GTQ
1 MYR = 1.8113 GTQ
▼-0.4% since yesterday
MYR to GTQ is at 7-day lows near 1.8113, 2.1% above its 3-month average of 1.7737, having traded in a relatively stable 6.8% range from 1.7161 to 1.8321
Is the MYR to GTQ Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Malaysian ringgit against the Guatemalan quetzal is to review how the MYR/GTQ rate has changed over time.
The table below shows the percentage change in the MYR to GTQ exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/GTQ
Change
Period
07 Jul 2023
1.6796
2.5% ▲
2 Week
22 Apr 2023
1.7555
1.9% ▼
3 Month
21 Jul 2022
1.7353
0.8% ▼
1 Year
22 Jul 2018
1.8460
6.7% ▼
5 Year
23 Jul 2013
2.4500
29.7% ▼
10 Year
26 Jul 2003
2.0726
16.9% ▼
20 Year
MYR/GTQ historic rates & change to 21-Jul-2023
MYR to GTQ Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Guatemalan quetzal across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
What is the
best Send Money conversion rate for MYR to GTQ?
The best MYR to GTQ exchange rate is 1.7986 from Wise. This is -0.7% compared to the mid-market rate 1.8113.
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 Guatemalan quetzal (GTQ) rates from different sources before making a conversion.
The above
Ringgit to Quetzal 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-GTQ mid-rate and the possible savings of using various providers.
How do MYR-GTQ rates compare between providers?
Looking at the
full comparison table
the best MYR to GTQ exchange rate is 1.7986 from Wise, -0.7% from the mid-market rate 1.8113. The next best rate is 1.7842 from WorldRemit, -1.5% 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.
The forecast for the Malaysian Ringgit (MYR) against the Euro (EUR) reflects several significant developments in the global economic landscape, particularly concerning U.S.