Rates are often "padded" on weekends when the global forex market is closed to protect the changer from Monday volatility. Factors Influencing Today's Exchange Rates
Banks are the traditional option, but they come with a cost. Banks have high operational costs—rent, staff, compliance departments—which are subsidized by wider spreads on forex. If the market rate for USD/MYR is 4.70, a bank might sell to you at 4.75. GSP, operating with lower overheads and specializing solely in currency, might offer a rate of 4.72. Over a transaction of thousands of dollars, this 0.03 difference is significant. gsp money changer rate today