What is the
WorldRemit Send Money conversion rate for MYR to INR?
The WorldRemit MYR to INR exchange rate is 19.96. This is -1.9% compared to the latest MYR-INR mid-market rate 20.35.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above
WorldRemit - Ringgit to Rupee 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-INR mid-rate and the possible savings of using various providers.
How do WorldRemit MYR-INR rates compare between providers?
Looking at the full
MYR to INR - Send Money comparison table the provider with the best MYR to INR exchange rate is Wise at 20.21, -0.69% from the latest mid-market rate 20.35.
The next best is at 20.1058, -1.2% from the mid-rate.
Then WorldRemit at 19.96, which is -1.9% from the mid-rate.
Among the banks the CIMB Bank rate is 19.72 at -3.1% the OCBC Bank rate is 19.64 at -3.5% and the Maybank rate is 19.64 at -3.5% compared to the mid-rate 20.35.
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.