Understanding the Table:
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’.
Malaysian ringgit (MYR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR/JPY Outlook: Likely to increase, as the MYR is trading significantly above its recent average and near recent highs, backed by robust economic indicators.
MYR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
USD/JPY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average while lacking a strong driver for further movement.
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.
The best MYR to JPY exchange rate is 39.43 from OFX . This is -0.48% compared to the mid-market rate 39.62.
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.
Looking at the full MYR to JPY - Send Money comparison table the provider with the best MYR to JPY exchange rate is OFX at 39.43, -0.48% from the latest mid-market rate 39.62.
The next best is Wise at 39.33, -0.73% from the mid-rate.
Among the banks the CIMB Bank rate is 38.39 at -3.1% the OCBC Bank rate is 38.24 at -3.5% and the Maybank rate is 38.24 at -3.5% compared to the mid-rate 39.62.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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