Wise (Transferwise) Malaysia Discussion, v1.0
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 Oct 31 2022, 12:46 PM
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#1
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Senior Member
1,841 posts Joined: Feb 2018  
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Hi sifus, need your explanation here. Sorry in advance if I am noob in my maths.
As per I'm typing right now, on the app it shows 100 SGD requires 336.93 MYR. Where "Our Fee" is 1.98 MYR and Rate is 0.298551 Question: How was 336.93 MYR calculated out from 100 SGD? Simple maths will tell me 336.93/100 = 3.3693MYR/SGD but then how do they derive this number from? |
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Oct 31 2022, 05:55 PM
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#2
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Senior Member
1,841 posts Joined: Feb 2018
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QUOTE(1234_4321 @ Oct 31 2022, 03:36 PM) SGD 100 / 0.298551 = 334.95 (MYR) Ahhh I see. Thanks!MYR 334.95 + MYR 1.98 Fee = MYR 336.93 Effective Rate: MR 336.93/ SGD 100 = 3.3693 or SGD 100 / MR 336.93 = 0.2967  |
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