MYR to JPY Market Data
Malaysian ringgit (MYR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
N/A
🌍 Global risk sentiment
⚪ Range-bound
90-day market context
Currency Forecasts related to MYR/JPY
MYR to JPY Exchange Rate Forecast & Outlook
Currently, MYR/JPY is trading close to its 3-month average, holding near 40.20. The pair is supported by risk-off sentiment and cautious market conditions.
MYR to USD Exchange Rate Forecast & Outlook
Currently, MYR/USD is trading close to 7-day lows near 0.2522, just below its 3-month average. Risk-off sentiment supported by geopolitical tensions and energy prices is pressuring the pair.
USD to JPY Exchange Rate Forecast & Outlook
Currently, USD/JPY is trading close to 159.4, above its 3-month average of 157.5, supported by risk-off sentiment and safe-haven flows. Over the next few sessions, the pair may remain supported within its...
MYR to JPY 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 Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for MYR to JPY?
The best MYR to JPY exchange rate is 40.19 from OFX . This is -0.5% compared to the mid-market rate 40.39.
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.
The above Ringgit to Yen 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-JPY mid-rate and the possible savings of using various providers.
How do MYR-JPY rates compare between providers?
Looking at the full MYR to JPY - Send Money comparison table the provider with the best MYR to JPY exchange rate is OFX at 40.19, -0.5% from the latest mid-market rate 40.39.
The next best is Wise at 40.15, -0.59% from the mid-rate.
Among the banks the CIMB Bank rate is 39.14 at -3.1% the OCBC Bank rate is 38.98 at -3.5% and the Maybank rate is 38.98 at -3.5% compared to the mid-rate 40.39.
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.