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

Compare today's CVE to MYR (Cape Verde Escudo to Malaysian Ringgit) exchange rates

Cape Verde
Malaysia
CVE
Interbank Exchange Rate: 1 CVE = 0.0434 MYR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Cape Verde Escudo to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Cape Verde to Malaysia. Send money overseas to your loved ones by comparing Cape Verde Escudo (CVE) 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.

Were you looking to send money from Malaysia to Cape Verde 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 CVE to MYR Conversion Rates

Here are some latest CVE to MYR (Cape Verde Escudo to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 CVE0.04 MYR
5 CVE0.22 MYR
10 CVE0.43 MYR
25 CVE1.09 MYR
50 CVE2.17 MYR
100 CVE4.34 MYR
150 CVE6.51 MYR
200 CVE8.68 MYR
250 CVE10.85 MYR
300 CVE13.02 MYR
400 CVE17.36 MYR
500 CVE21.70 MYR
600 CVE26.04 MYR
700 CVE30.38 MYR
800 CVE34.72 MYR
1,000 CVE43.40 MYR
1,500 CVE65.10 MYR
2,000 CVE86.80 MYR
2,500 CVE108.50 MYR
3,000 CVE130.20 MYR
4,000 CVE173.60 MYR
5,000 CVE217.00 MYR
10,000 CVE434.00 MYR
15,000 CVE651.00 MYR
20,000 CVE868.00 MYR
30,000 CVE1,302.00 MYR
40,000 CVE1,736.00 MYR
50,000 CVE2,170.00 MYR
100,000 CVE4,340.00 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 Cape Verde?

It can be very confusing when sending money from Cape Verde to Malaysia given so many choices. Additionally, Cape Verde Escudo to MYR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Cape Verde to Malaysia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Malaysia from Cape Verde. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Cape Verde Escudo to Malaysian Ringgit remittances.


How to get the best rate to transfer money to Malaysia from Cape Verde?

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 CVE 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 Cape Verde 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 CVE 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 to Malaysia from Cape Verde?

The final amount your recipient gets when you send CVE to MYR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Cape Verde to Malaysia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Malaysian Ringgit is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Cape Verde Escudo to Malaysia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Malaysia from Cape Verde through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Cape Verde to Malaysia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CVE to MYR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Cape Verde bank for your Malaysia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Cape Verde to Malaysia?

If you need to convert CVE to MYR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Cape Verde to Malaysia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Cape Verde Escudo to Malaysian Ringgit funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Malaysia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Cape Verde to Malaysia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Cape Verde to Malaysia?

Cape Verde to Malaysia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Malaysia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Cape Verde Escudo to Malaysian Ringgit money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Cape Verde to Malaysia

The first step to send money to Malaysia from Cape Verde is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your CVE to MYR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Malaysia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Cape Verde bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Malaysia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Cape Verde to Malaysia.