The comparison table above helps you see the total cost of your Wise 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’.
Compare Wise Exchange Rates & Fees - Save Time & Money
Our Wise AUD 10000 to MYR rate is 2.6983. This is -0.51% below the mid-rate.
Wise - AUD Rate Margin Analysis
The average AUD rate margin offered by Wise is 0.90%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias: The AUD/MYR pair is below the 90-day avg and shows a bearish-to-range-bound outlook.
Key drivers:
- Rate gap: US rate cuts weaken USD, supporting MYR while RBA rate hikes pressure AUD.
- Risk/commodities: High oil prices boost MYR exports; sluggish demand in China affects AUD.
- Macro factor: Malaysia's economy is resilient with GDP growth expected over 5%, attracting investors to MYR over AUD.
Range: AUD/MYR likely to drift within recent 3-month range.
What could change it:
- Upside risk: Rebound in Australian commodity demand could lift AUD.
- Downside risk: Further weak economic data from China may further dampen AUD.
AUD/MYR is under pressure; recent trends hint at a bearish outlook unless commodity demand improves. Stay cautious
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AUD to MYR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
Wise Send Money conversion rate for AUD to MYR?
The Wise AUD to MYR exchange rate is 2.6983. This is -0.51% compared to the latest AUD-MYR mid-market rate 2.7120.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Wise - Aussie to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest AUD-MYR mid-rate and the possible savings of using various providers.
How do Wise AUD-MYR rates compare between providers?
Looking at the full
AUD to MYR - Send Money comparison table the provider with the best AUD to MYR exchange rate is OFX at 2.6985, -0.5% from the latest mid-market rate 2.7120.
The next best is Wise at 2.6983, -0.51% from the mid-rate.
Then XE at 2.6958, which is -0.6% from the mid-rate.
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
like Wise or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: