Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's AUD to MYR (Australian Dollar to Malaysian Ringgit) exchange rates

Australia
Malaysia
AUD
Interbank Exchange Rate: 1 AUD = 2.6971 MYR
Updated about an hour ago

Found 17 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 AUD =
2 705.30 MYR
Transfer Limit (AUD): 50 - 4999
Locked-In Rate1 AUD = 2.7053 MYR

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 AUD =
2 697.30 MYR
Transfer Limit (AUD): No Limits
Locked-In Rate1 AUD = 2.6973 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 695.80 MYR
Transfer Limit (AUD): No Limits
Locked-In Rate1 AUD = 2.6958 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 695.70 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6957 MYR
( )( )( )( )( )
1000 AUD =
2 692.20 MYR
Transfer Limit (AUD): No Limits
Locked-In Rate1 AUD = 2.6922 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 691.70 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6917 MYR
(*)(*)(*)(*)( )
1000 AUD =
2 691.50 MYR
Transfer Limit (AUD): 0 - 5000
Locked-In Rate1 AUD = 2.6915 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 689.30 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6893 MYR
( )( )( )( )( )
1000 AUD =
2 687.60 MYR
Transfer Limit (AUD): 500 - No Limit
Indicative Rate1 AUD = 2.6876 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 686.30 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6863 MYR

📢 B2B transfers only
(*)(*)(*)(*)( )
1000 AUD =
2 684.00 MYR
Transfer Limit (AUD): 0 - 20000
Locked-In Rate1 AUD = 2.6840 MYR

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 AUD =
2 683.90 MYR
Transfer Limit (AUD): 1 - 1000000
Locked-In Rate1 AUD = 2.6839 MYR
(*)(*)(*)( )( )
1000 AUD =
2 683.60 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6836 MYR

📢 New! Cash pickup available
(*)(*)(*)(*)( )
1000 AUD =
2 671.40 MYR
Transfer Limit (AUD): No Limits
Locked-In Rate1 AUD = 2.6714 MYR
( )( )( )( )( )
1000 AUD =
2 669.50 MYR
Transfer Limit (AUD): 0 - 30000
Indicative Rate1 AUD = 2.6695 MYR
(*)(*)(*)(*)(*)
1000 AUD =
2 668.20 MYR
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 2.6682 MYR

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 AUD =
2 621.50 MYR
Transfer Limit (AUD): 3.5546 - 17773
Locked-In Rate1 AUD = 2.6215 MYR
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 AUD =
2 695.70 MYR
Transfer Limit (AUD): 10148.5 - No Limit
Indicative Rate1 AUD = 2.6957 MYR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Australian Dollar to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Australia to Malaysia. Send money overseas to your loved ones by comparing Australian Dollar (AUD) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Malaysia from Australia, we currently have 17 remittance service providers available.

Panda Remit currently offers the most competitive rate for sending money to Malaysia and their 1 AUD to MYR exchange rate today is 2.7053.

The next best Australian Dollar to Malaysian Ringgit exchange rate today for money transfers to Malaysia is offered by Western Union (1 AUD = 2.6973 MYR).

Instarem and Regency FX are amongst other competitive providers to consider for Australia to Malaysia money transfers.

Were you looking to send money from Malaysia to Australia instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest AUD to MYR Conversion Rates

Here are some latest AUD to MYR (Australian Dollar to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 AUD2.70 MYR
5 AUD13.49 MYR
10 AUD26.97 MYR
25 AUD67.43 MYR
50 AUD134.86 MYR
100 AUD269.71 MYR
150 AUD404.57 MYR
200 AUD539.42 MYR
250 AUD674.28 MYR
300 AUD809.13 MYR
400 AUD1,078.84 MYR
500 AUD1,348.55 MYR
600 AUD1,618.26 MYR
700 AUD1,887.97 MYR
800 AUD2,157.68 MYR
1,000 AUD2,697.10 MYR
1,500 AUD4,045.65 MYR
2,000 AUD5,394.20 MYR
2,500 AUD6,742.75 MYR
3,000 AUD8,091.30 MYR
4,000 AUD10,788.40 MYR
5,000 AUD13,485.50 MYR
10,000 AUD26,971.00 MYR
15,000 AUD40,456.50 MYR
20,000 AUD53,942.00 MYR
30,000 AUD80,913.00 MYR
40,000 AUD107,884.00 MYR
50,000 AUD134,855.00 MYR
100,000 AUD269,710.00 MYR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Malaysia from Australia?

Sending money internationally to Malaysia from Australia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Australian Dollar to MYR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malaysia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malaysian Ringgit.


How to get the best exchange rate for sending money from Australia to Malaysia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your AUD to Malaysian Ringgit money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Australia to Malaysia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for AUD to MYR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Australia to Malaysia?

When you want to send money to Malaysia from Australia, you obviously want the cheapest possible option to maximize the money your recipient gets in Malaysian Ringgit. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your AUD to MYR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Australia to Malaysia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Australia to Malaysia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malaysian Ringgit overseas.


How to send money from Australia to Malaysia through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low AUD to MYR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Australia to Malaysia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Malaysia from Australia. They do this by letting you fund your transaction through your local bank account in Australia, and by allowing you to choose the payout to be your recipient's bank account in Malaysia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Malaysia from Australia fast?

The speed of your Australian Dollar to Malaysian Ringgit funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert AUD to MYR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Malaysia from Australia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malaysia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MYR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Australia bank to Malaysia bank transfer.


Which are the best money transfer companies to transfer money from Australia to Malaysia?

The first step in selecting the best money transfer operators for Australia to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Australian Dollar to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.


Step by step guide to do a money transfer from Australia to Malaysia

With so many possible ways to transfer Australian Dollar to Malaysian Ringgit, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Australia to Malaysia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Australia and the receiver in Malaysia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your AUD to Malaysian Ringgit money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.