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Compare today's XOF to MYR (CFA Franc BCEAO to Malaysian Ringgit) exchange rates

Central African Republic
Malaysia
XOF
Interbank Exchange Rate: 1 XOF = 0.0074 MYR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
7.20 MYR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0072 MYR

📢 B2B transfers only

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 CFA Franc BCEAO to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Central African Republic to Malaysia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Central African Republic, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Malaysia and their 1 XOF to MYR exchange rate today is 0.0072.

Were you looking to send money from Malaysia to Central African Republic 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 XOF to MYR Conversion Rates

Here are some latest XOF to MYR (CFA Franc BCEAO to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 XOF0.01 MYR
5 XOF0.04 MYR
10 XOF0.07 MYR
25 XOF0.19 MYR
50 XOF0.37 MYR
100 XOF0.74 MYR
150 XOF1.11 MYR
200 XOF1.48 MYR
250 XOF1.85 MYR
300 XOF2.22 MYR
400 XOF2.96 MYR
500 XOF3.70 MYR
600 XOF4.44 MYR
700 XOF5.18 MYR
800 XOF5.92 MYR
1,000 XOF7.40 MYR
1,500 XOF11.10 MYR
2,000 XOF14.80 MYR
2,500 XOF18.50 MYR
3,000 XOF22.20 MYR
4,000 XOF29.60 MYR
5,000 XOF37.00 MYR
10,000 XOF74.00 MYR
15,000 XOF111.00 MYR
20,000 XOF148.00 MYR
30,000 XOF222.00 MYR
40,000 XOF296.00 MYR
50,000 XOF370.00 MYR
100,000 XOF740.00 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 Central African Republic?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Central African Republic to Malaysia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to MYR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send XOF to MYR in Malaysia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Malaysia from Central African Republic. We provide you with maximum choices to send money to Malaysia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Central African Republic to Malaysia?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Malaysia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Central African Republic to Malaysia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Malaysian Ringgit money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Malaysia from Central African Republic?

The final amount your recipient gets when you send XOF 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 Central African Republic 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 CFA Franc BCEAO 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 Central African Republic through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Central African Republic 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 XOF 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 Central African Republic 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 do a money transfer to Malaysia from Central African Republic?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Central African Republic to Malaysia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to MYR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Malaysia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Malaysian Ringgit quickly to Malaysia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Malaysia from Central African Republic?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Central African Republic to Malaysia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to Malaysian Ringgit exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MYR money transfers to Malaysia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Malaysia getting more money for every CFA Franc BCEAO you send.


Step by step guide to do a money transfer from Central African Republic to Malaysia

The first step to send money to Malaysia from Central African Republic 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 XOF 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 Central African Republic 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 Central African Republic to Malaysia.