OCBC Bank MYR to JPY Transfers Compared

       

What is the OCBC Bank Send Money conversion rate for MYR to JPY?

The OCBC Bank MYR to JPY exchange rate is 34.67. This is -3.5% compared to the latest MYR-JPY mid-market rate 35.93.

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 OCBC Bank - Ringgit to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OCBC Bank and other foreign exchange providers against the latest MYR-JPY mid-rate and the possible savings of using various providers. 

How do OCBC Bank 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 35.75, -0.5% from the latest mid-market rate 35.93.

The next best is Wise at 35.68, -0.7% from the mid-rate.

Then WorldRemit at 35.39, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 34.82 at -3.1% the OCBC Bank rate is 34.67 at -3.5% and the Maybank rate is 34.67 at -3.5% compared to the mid-rate 35.93.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC 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.