Rate direction
Malaysian ringgit to Japanese yen · MYR/JPY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
MYR to JPY at 39.99 is just above its 3-month average, having traded in a quite stable 4.2% range from 38.94 to 40.58
Quick MYR/JPY forecast
Currency Forecasts related to MYR/JPY
MYR to JPY Exchange Rate Forecast & Outlook
Currently, MYR/JPY is trading near recent highs within its 3-month range, supported by risk-off conditions and safe-haven flows. The pair is holding near 40.05, just above its 3-month average, with limited momentum.
MYR to JPY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 39.84 from OFX . This is -0.5% compared to the mid-market rate 40.04.
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 39.84, -0.5% from the latest mid-market rate 40.04.
The next best is Wise at 39.74, -0.75% from the mid-rate.
Among the banks the CIMB Bank rate is 38.8 at -3.1% the OCBC Bank rate is 38.64 at -3.5% and the Maybank rate is 38.64 at -3.5% compared to the mid-rate 40.04.
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.