What is the United Overseas Bank Send Money conversion rate for MYR to TWD?
The United Overseas Bank MYR to TWD exchange rate is 7.1815. This is -3.5% compared to the latest MYR-TWD mid-market rate 7.4419.
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 New Taiwan dollar (TWD) rates from different sources before making a conversion.
How do United Overseas Bank MYR-TWD rates compare between providers?
Looking at our comparison table the best MYR to TWD exchange rate is 7.3898 from Wise, -0.7% from the mid-market rate 7.4419. The next best rate is 7.3525972 from , -1.2% from the mid-rate. Then WorldRemit with 7.3303 is -1.5% from the mid-rate.
Among the banks, the CIMB Bank rate is 7.2112 at -3.1%, the OCBC Bank rate is 7.1815 at -3.5%, and the Maybank rate is 7.1815 at -3.5% compared to the mid-rate 7.4419.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like United Overseas Bank 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 United Overseas Bank Ringgit to New Taiwan dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by United Overseas Bank and other foreign exchange providers against the latest MYR-TWD mid-rate (see Market Data below ) and the possible savings of using various providers.
