Compare today's IRR to MYR (Iranian Rial to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 IRR = 0.0001 MYR
Updated about an hour ago
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All you need to know about Iranian Rial to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from Iran to Malaysia. Send money overseas to your loved ones by comparing Iranian Rial (IRR) 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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Latest IRR to MYR Conversion Rates
Here are some latest IRR to MYR (Iranian Rial to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 IRR | 0.00 MYR |
| 5 IRR | 0.00 MYR |
| 10 IRR | 0.00 MYR |
| 25 IRR | 0.00 MYR |
| 50 IRR | 0.01 MYR |
| 100 IRR | 0.01 MYR |
| 150 IRR | 0.02 MYR |
| 200 IRR | 0.02 MYR |
| 250 IRR | 0.03 MYR |
| 300 IRR | 0.03 MYR |
| 400 IRR | 0.04 MYR |
| 500 IRR | 0.05 MYR |
| 600 IRR | 0.06 MYR |
| 700 IRR | 0.07 MYR |
| 800 IRR | 0.08 MYR |
| 1,000 IRR | 0.10 MYR |
| 1,500 IRR | 0.15 MYR |
| 2,000 IRR | 0.20 MYR |
| 2,500 IRR | 0.25 MYR |
| 3,000 IRR | 0.30 MYR |
| 4,000 IRR | 0.40 MYR |
| 5,000 IRR | 0.50 MYR |
| 10,000 IRR | 1.00 MYR |
| 15,000 IRR | 1.50 MYR |
| 20,000 IRR | 2.00 MYR |
| 30,000 IRR | 3.00 MYR |
| 40,000 IRR | 4.00 MYR |
| 50,000 IRR | 5.00 MYR |
| 100,000 IRR | 10.00 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 Iran?
It can be very confusing when sending money from Iran to Malaysia given so many choices. Additionally, Iranian Rial 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 Iran 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 Iran. 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 Iranian Rial to Malaysian Ringgit remittances.
How to get the best exchange rate for sending money from Iran to Malaysia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Malaysia from Iran. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your IRR to Malaysian Ringgit money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Iran to Malaysia corridor to give you more good choices for your next MYR money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Malaysia from Iran?
Finding the cheapest way to send money from Iran to Malaysia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer IRR to MYR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Iran to Malaysia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Iran to Malaysia?
We do not recommend using your local bank in Iran for your next IRR to MYR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Iran to Malaysia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MYR to Malaysia. These companies will let you use your local bank account in Iran to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to Malaysia from Iran?
It could be a stressful experience if you need to rush money quickly from Iran to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert IRR to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Iran to Malaysia money transfers.
Which are the best money transfer companies to transfer money to Malaysia from Iran?
The first step in selecting the best money transfer operators for Iran 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 Iranian Rial 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 send money from Iran to Malaysia
Follow the below easy steps to send money to Malaysia from Iran.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Iran bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Malaysia).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.