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.
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.