🇲🇾 MYR to 🇯🇵 JPY — Convert Malaysian Ringgit to Japanese Yen
1 Malaysian Ringgit = 40.1488 Japanese Yen
MYR/JPY Exchange Rate History
🇲🇾 MYR to 🇯🇵 JPY Conversion Table
| Malaysian Ringgit (MYR) | Japanese Yen (JPY) |
|---|---|
| RM1 | ¥40.1488 |
| RM5 | ¥200.7439 |
| RM10 | ¥401.4878 |
| RM25 | ¥1,003.72 |
| RM50 | ¥2,007.44 |
| RM100 | ¥4,014.88 |
| RM500 | ¥20,074.39 |
| RM1,000 | ¥40,148.78 |
| RM5,000 | ¥200,743.88 |
| RM10,000 | ¥401,487.77 |
MYR/JPY 30-Day Market Statistics
Over the past 30 days, the Malaysian Ringgit to Japanese Yen exchange rate has fallen by 1.2189%, moving from 40.5287 to 40.0347. It traded between a low of 39.5219 on May 3 and a high of 40.5287 on Apr 29, averaging 40.0170. With a high-to-low spread of 2.5159%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇲🇾 About the Malaysian Ringgit (MYR)
The Malaysian Ringgit is the currency of Malaysia, a trade-oriented economy that exports electronics, palm oil, and petroleum products. The ringgit is influenced by both commodity and technology cycles.
Issuing authority: Bank Negara Malaysia.
🇯🇵 About the Japanese Yen (JPY)
The Japanese Yen is the third most traded currency and the most traded in Asia. It is widely used as a funding currency for the carry trade because of Japan's traditionally low interest rates, and it strengthens as a safe haven in times of market stress.
Issuing authority: Bank of Japan (BOJ).
What Moves the MYR/JPY Exchange Rate?
The MYR to JPY rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Malaysian Ringgit (MYR): Oil and palm oil prices, electronics export demand, Bank Negara policy, and regional capital flows.
Japanese Yen (JPY): Bank of Japan ultra-loose monetary policy and any shift away from it, the interest rate gap with the US, and safe-haven demand during global risk-off periods.
When demand for the Malaysian Ringgit rises relative to the Japanese Yen, the MYR/JPY rate increases, meaning each MYR buys more JPY. The opposite happens when the Japanese Yen strengthens.
How to Convert MYR to JPY
- Enter the amount of MYR you want to convert in the converter above.
- The equivalent in JPY is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (JPY to MYR).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange MYR to JPY
Getting a rate close to the mid-market rate above can save you money, especially on larger Malaysian Ringgit to Japanese Yen amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.