How MOBI Asia scaled faster and reduced FX costs by 40% with Instarem
The Company MOBI Asia is a licensed payment gateway operating across Southeast Asia, powering both…
The Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves of member countries. Unlike traditional currencies, XDR is not used for transactions between individuals but rather serves as a unit of account for IMF-related transactions and international reserves. The value of XDR is determined by a basket of major global currencies, including the US Dollar (USD), Euro (EUR), Chinese Yuan (CNY), Japanese Yen (JPY), and British Pound (GBP). It helps stabilize exchange rates and provides liquidity support to countries facing balance of payments issues.
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MYR / SGD | ||
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USD / INR | ||
USD / NPR |
Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.