What is the
WorldRemit Send Money conversion rate for MYR to IDR?
The WorldRemit MYR to IDR exchange rate is 3771.89. This is - compared to the latest MYR-IDR mid-market rate 3,844.9.
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 Indonesian rupiah (IDR) rates from different sources before making a conversion.
The above
WorldRemit - Ringgit to Rupiah 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-IDR mid-rate and the possible savings of using various providers.
How do WorldRemit MYR-IDR rates compare between providers?
Looking at the full
MYR to IDR - Send Money comparison table the provider with the best MYR to IDR exchange rate is Wise at 3818.03.
The next best is WorldRemit at 3771.89.
Then at 2.895, .
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.