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FX live, 150 of 153 currencies refreshed 26 Sept 2026 from open.er-api.com (exchangerate-api.com). The remainder use a seeded reference rate.
Grab · launched 2016
Southeast Asian super-app wallet, strongest for in-app commerce and QR payments.
Representative of this rail in this market. Directionally useful, but not a quotable rate, confirm with the provider. Source: GrabPay merchant rate.
In force since 18 Jun 2024
1.80% effective
−13.3% relative · from 2.08%
−25.3% relative · 4 revisions
Online · percentage component
Rates are step functions: each level holds until it is replaced.
Every recorded change, newest first, with the movement from the rate it replaced.
18 Jun 2024 → current
10 May 2022 → 18 Jun 2024
Rate card simplified across tiers.
6 Jan 2021 → 10 May 2022
1 Jan 2019 → 6 Jan 2021
Online pricing across every country where this method is available, with the cost on a MYR 100.00 payment for comparison.
| Market | Listed fee | Cost on 100 | Effective | Since | Basis |
|---|---|---|---|---|---|
| Indonesia | 1.8% | IDR 1.80 | 1.80% | 10 May 2022 | Estimate |
| Malaysia | 1.8% | MYR 1.80 | 1.80% | 18 Jun 2024 | Estimate |
| Philippines | 1.8% | ₱1.80 | 1.80% | 3 Jun 2023 | Estimate |
| 1.8% |
| SGD 1.80 |
| 1.80% |
| 4 Dec 2023 |
| Estimate |
| Thailand | 1.8% | THB 1.80 | 1.80% | 14 Jun 2022 | Estimate |
| Vietnam | 1.8% | ₫2 | 1.80% | 9 Mar 2023 | Estimate |