What is the best Send Money conversion rate for MYR to THB?
The best MYR to THB exchange rate is our partner deal rate of 7.5612 from OFX . This is -0.5% compared to the mid-market rate 7.5992.
The standard OFX MYR-THB rate is 7.5080096, -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 Thai baht (THB) rates from different sources before making a conversion.
How do MYR-THB rates compare between providers?
Looking at our comparison table the best MYR to THB exchange rate is 7.5612 from OFX, -0.5% from the mid-market rate 7.5992. The next best rate is 7.546 from Wise, -0.7% from the mid-rate. Then WorldRemit with 7.4852 is -1.5% from the mid-rate.
Among the banks, the CIMB Bank rate is 7.3636 at -3.1%, the OCBC Bank rate is 7.3332 at -3.5%, and the Maybank rate is 7.3332 at -3.5% compared to the mid-rate 7.5992.
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 Baht 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-THB mid-rate (see Market Data below ) and the possible savings of using various providers.