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    Best MYR to JPY Exchange Rates Compared Live

    The live mid-rate MYR to JPY exchange rate is 32.40. Compare currency conversion rates - Reduce FX costs.

    MYR-JPY Loading Rates ...
     

     

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

    The best MYR to JPY exchange rate is our partner deal rate of 32.24 from OFX . This is -0.49% compared to the mid-market rate 32.40.

    The standard OFX MYR-JPY rate is 32.0112, -1.2% from the mid-rate. Visit OFX here to secure the better rate.

    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 Japanese yen (JPY) rates from different sources before making a conversion.

    How do MYR-JPY rates compare between providers?

    Looking at our comparison table the best MYR to JPY exchange rate is 32.24 from OFX, -0.49% from the mid-market rate 32.40. The next best rate is 32.17 from Wise, -0.71% from the mid-rate. Then WorldRemit with 31.91 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 31.4 at -3.1%, the OCBC Bank rate is 31.26 at -3.5%, and the Maybank rate is 31.26 at -3.5% compared to the mid-rate 32.40.

    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.

     

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    The Ringgit to Yen comparison table above 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-JPY mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    MYR to JPY Market Data

    Malaysian ringgit (MYR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell MYR   →   Buy JPY
    1 MYR =
    32.40We compare provider deals to this wholesale mid-market rate. Read more
    JPY
    MYR to JPY at 32.45 is 4.5% below its 3-month average of 33.97, having traded in a quite volatile 10.2% range from 32.33 to 35.64
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      1 JPY = 0.030866 MYR
    DateMYR/JPYChangePeriod
    01 Apr 2025
    33.78
    3.9% 2 Week
    15 Jan 2025
    34.67
    6.4% 3 Month
    15 Apr 2024
    32.31
    0.4% 1 Year
    16 Apr 2020
    24.85
    30.6% 5 Year
    18 Apr 2015
    32.75
    0.9% 10 Year
    20 Apr 2005
    28.12
    15.4% 20 Year
    MYR/JPY historic rates & change to 15-Apr-2025
     

    What are equivalent amounts of MYR and JPY?

    Here are some popular conversion amounts for MYR to JPY (Malaysian ringgit to Japanese yen)*.

    MYR JPY
    RM 1 ¥ 32.40
    RM 5 ¥ 162.00
    RM 10 ¥ 324.00
    RM 20 ¥ 648.00
    RM 50 ¥ 1,620
    RM 100 ¥ 3,240
    RM 250 ¥ 8,100
    RM 500 ¥ 16,200
    RM 1,000 ¥ 32,400
    RM 2,000 ¥ 64,800
    RM 5,000 ¥ 162,000
    RM 10,000 ¥ 324,000
    RM 20,000 ¥ 648,000
    RM 50,000 ¥ 1,620,000
    RM 100,000 ¥ 3,240,000
    MYR JPY
    RM 0.0309 ¥ 1
    RM 0.1543 ¥ 5
    RM 0.3087 ¥ 10
    RM 0.6173 ¥ 20
    RM 1.5433 ¥ 50
    RM 3.0866 ¥ 100
    RM 7.7165 ¥ 250
    RM 15.43 ¥ 500
    RM 30.87 ¥ 1,000
    RM 61.73 ¥ 2,000
    RM 154.33 ¥ 5,000
    RM 308.66 ¥ 10,000
    RM 617.32 ¥ 20,000
    RM 1,543 ¥ 50,000
    RM 3,087 ¥ 100,000

    More amounts

    *Converted at the current MYRJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for MYR to JPY

     

    The exchange rate forecast for the MYR to JPY over the coming weeks suggests heightened volatility and caution in response to escalating trade tensions, particularly due to the recent actions taken by the U.S. government. Analysts point out that Malaysia is feeling the impact of U.S. President Donald Trump's 24% tariffs imposed on imports from the country, contributing to a deteriorating outlook for emerging Asian currencies. Recent reports indicate that regional currencies, including the Malaysian ringgit, have been under pressure, with the MYR trading at 32.45, which is 4.6% below its three-month average of 34.02. This drop in value reflects a volatile range of 10.2%, further illustrating the uncertainty in the market.

    Read our full review of recent MYR to JPY forecasts.

     
    MYR note

    How to get a good MYR to JPY exchange rate

    There are several ways to save on exchange rates when converting Malaysian ringgit to Japanese yen:

    1. Shop around for the best MYR/JPY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the MYR/JPY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and JPY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Japanese yen with Malaysian ringgit, then it's better for the MYR/JPY exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    Read our Currency guide to Japan — a practical currency and money guide to travel in Japan plus living and doing business with the Japanese yen.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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    Compare Rates

    Will the Malaysian ringgit rise against the Japanese yen?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MYR/JPY to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    JapanJapan (JPY)MalaysiaMalaysia (MYR)
     

    Expat and Business Guide to Japan

    Japan offers a unique blend of tradition, modernity, and economic opportunity, making it an attractive destination for expatriates and business professionals. Here’s a practical guide to help you navigate life and work in Japan.

    • Visa Requirements: Expatriates generally need a work visa, such as the Highly Skilled Professional Visa, Engineer Visa, or Specialist in Humanities Visa. Consult the Japanese Ministry of Foreign Affairs for details and documentation requirements.
    • Language: Japanese is the official language, and while English is commonly used in business settings, learning basic Japanese is essential for everyday interactions and professional networking.
    • Cultural Etiquette: Bowing is customary for greetings, and business cards (meishi) are exchanged with both hands as a sign of respect. Punctuality is highly valued in both personal and professional settings.
    • Work Culture: Japan’s work culture emphasizes teamwork, hierarchy, and long working hours. Understanding cultural nuances like "nemawashi" (informal consensus-building) is crucial for business success.
    • Housing: Options range from urban apartments to traditional houses. Renting often requires a guarantor and additional costs such as a security deposit and key money. Websites like Suumo or GaijinPot are helpful for finding accommodations.
    • Healthcare: Japan has a high-quality healthcare system. Expats are required to enroll in the National Health Insurance (NHI) program or their employer’s health insurance plan. Private insurance is an option for additional coverage.
    • Cost of Living: Japan’s cost of living varies widely. Tokyo is among the most expensive cities, while rural areas are more affordable. Budget for housing, transportation, and food, as these can be significant expenses.
    • Transportation: Japan has an extensive public transport system, including trains, subways, and buses. The Japan Rail Pass is useful for travel between cities. Owning a car is more practical in rural areas than in cities.
    • Business Environment: Japan is a global leader in technology, automotive, and finance industries. Building long-term relationships and respecting decision-making processes are key to successful business dealings.
    • Taxation: Expats staying longer than one year are subject to Japanese tax on global income. Consult a tax advisor to understand local tax obligations and possible treaties between Japan and your home country.
    • Banking: Major banks like MUFG and SMBC cater to expatriates. ATMs are widely available, though some may not accept foreign cards. Online banking is accessible but often limited in English.
    • Networking: Join organizations like the Tokyo American Club or the Chamber of Commerce for networking opportunities. Language exchange meetups and professional events are also valuable for making connections.
    • Childcare and Education: Options include international schools, public schools, and private Japanese schools. International schools are ideal for expat families, offering familiar curriculums in English.
    • Leisure and Recreation: Japan offers diverse recreational activities, from skiing in Hokkaido to visiting traditional hot springs (onsen) and exploring cultural festivals. Public parks and museums are abundant in cities.
    • Safety and Security: Japan is one of the safest countries in the world, with low crime rates. Emergency numbers are 110 for police and 119 for medical and fire services.
    • Practical Apps: Use Google Maps for navigation, Suica or Pasmo apps for public transport, and LINE for communication, as it is Japan’s most popular messaging platform.
    • Documentation and Legal Matters: Carry your residence card (zairyu card) at all times, as it serves as your primary ID. Register your address at the local municipal office within 14 days of moving.

    Japan’s unique cultural and professional landscape offers immense opportunities for expatriates and business professionals. Understanding its traditions and practices will help you integrate and succeed in this dynamic country.

    Read more at our Japan (JPY) country guide

       
     
     
     

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    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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