What is the
WorldRemit Send Money conversion rate for MYR to BDT?
The WorldRemit MYR to BDT exchange rate is 28.62. This is -1.5% compared to the latest MYR-BDT mid-market rate 29.05.
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 Bangladeshi taka (BDT) rates from different sources before making a conversion.
The above
WorldRemit - Ringgit to Taka comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest MYR-BDT mid-rate and the possible savings of using various providers.
How do WorldRemit MYR-BDT rates compare between providers?
Looking at the full
MYR to BDT - Send Money comparison table the provider with the best MYR to BDT exchange rate is Wise at 28.85, -0.69% from the latest mid-market rate 29.05.
The next best is WorldRemit at 28.62, -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 27.48 at -5.4% the OCBC Bank rate is 28.04 at -3.5% and the Maybank rate is 28.04 at -3.5% compared to the mid-rate 29.05.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.