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Compare today's GTQ to MYR (Guatemalan Quetzal to Malaysian Ringgit) exchange rates

Guatemala
Malaysia
GTQ
Interbank Exchange Rate: 1 GTQ = 0.5394 MYR
Updated about an hour ago

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All you need to know about Guatemalan Quetzal to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Guatemala to Malaysia. Send money overseas to your loved ones by comparing Guatemalan Quetzal (GTQ) 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.

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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 GTQ to MYR Conversion Rates

Here are some latest GTQ to MYR (Guatemalan Quetzal to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 GTQ0.54 MYR
5 GTQ2.70 MYR
10 GTQ5.39 MYR
25 GTQ13.49 MYR
50 GTQ26.97 MYR
100 GTQ53.94 MYR
150 GTQ80.91 MYR
200 GTQ107.88 MYR
250 GTQ134.85 MYR
300 GTQ161.82 MYR
400 GTQ215.76 MYR
500 GTQ269.70 MYR
600 GTQ323.64 MYR
700 GTQ377.58 MYR
800 GTQ431.52 MYR
1,000 GTQ539.40 MYR
1,500 GTQ809.10 MYR
2,000 GTQ1,078.80 MYR
2,500 GTQ1,348.50 MYR
3,000 GTQ1,618.20 MYR
4,000 GTQ2,157.60 MYR
5,000 GTQ2,697.00 MYR
10,000 GTQ5,394.00 MYR
15,000 GTQ8,091.00 MYR
20,000 GTQ10,788.00 MYR
30,000 GTQ16,182.00 MYR
40,000 GTQ21,576.00 MYR
50,000 GTQ26,970.00 MYR
100,000 GTQ53,940.00 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 Guatemala?

Sending money internationally to Malaysia from Guatemala 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 Guatemalan Quetzal 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 rate to transfer money to Malaysia from Guatemala?

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 GTQ 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 Guatemala 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 GTQ 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 Guatemala to Malaysia?

The final amount your recipient gets when you send GTQ 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 Guatemala 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 Guatemalan Quetzal 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 from Guatemala to Malaysia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Guatemala 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 GTQ 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 Guatemala 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.


How to send money from Guatemala to Malaysia fast?

If you need to convert GTQ 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 Guatemala 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 Guatemalan Quetzal 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 Guatemala 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 to Malaysia from Guatemala?

Guatemala 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 Guatemalan Quetzal 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 send money from Guatemala to Malaysia

The first step to send money to Malaysia from Guatemala 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 GTQ 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 Guatemala 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 Guatemala to Malaysia.