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Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank 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 Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR/THB Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and near recent highs, but lacks a clear driver for...
MYR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
USD/THB Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average, reflecting mixed influences on both currencies.
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in Thai baht 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-THB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OCBC Bank MYR to THB exchange rate is 7.7242. This is -3.5% compared to the latest MYR-THB mid-market rate 8.0044.
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.
The above OCBC Bank - Ringgit to Baht 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-THB mid-rate and the possible savings of using various providers.
Looking at the full MYR to THB - Send Money comparison table the provider with the best MYR to THB exchange rate is OFX at 7.9644, -0.5% from the latest mid-market rate 8.0044.
The next best is Wise at 7.9564, -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 7.7563 at -3.1% the OCBC Bank rate is 7.7242 at -3.5% and the Maybank rate is 7.7242 at -3.5% compared to the mid-rate 8.0044.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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