What is the
WorldRemit Send Money conversion rate for MYR to NOK?
The WorldRemit MYR to NOK exchange rate is 2.3264. This is -1.5% compared to the latest MYR-NOK mid-market rate 2.3618.
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 Norwegian krone (NOK) rates from different sources before making a conversion.
The above
WorldRemit - Ringgit to Krone 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-NOK mid-rate and the possible savings of using various providers.
How do WorldRemit MYR-NOK rates compare between providers?
Looking at the full
MYR to NOK - Send Money comparison table the provider with the best MYR to NOK exchange rate is OFX at 2.35, -0.5% from the latest mid-market rate 2.3618.
The next best is Wise at 2.3453, -0.7% from the mid-rate.
Then WorldRemit at 2.3264, which is -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 2.2343 at -5.4% the OCBC Bank rate is 2.2792 at -3.5% and the Maybank rate is 2.2792 at -3.5% compared to the mid-rate 2.3618.
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.