Compare today's MYR to DZD (Malaysian Ringgit to Algerian Dinar) exchange rates
Interbank Exchange Rate: 1 MYR = 31.5738 DZD
Updated about an hour ago
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All you need to know about Malaysian Ringgit to Algerian Dinar money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Algeria. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Algerian Dinar (DZD) 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 MYR to DZD Conversion Rates
Here are some latest MYR to DZD (Malaysian Ringgit to Algerian Dinar) exchange rates for popular conversion amounts*.
| 1 MYR | 31.57 DZD |
| 5 MYR | 157.87 DZD |
| 10 MYR | 315.74 DZD |
| 25 MYR | 789.34 DZD |
| 50 MYR | 1,578.69 DZD |
| 100 MYR | 3,157.38 DZD |
| 150 MYR | 4,736.07 DZD |
| 200 MYR | 6,314.76 DZD |
| 250 MYR | 7,893.45 DZD |
| 300 MYR | 9,472.14 DZD |
| 400 MYR | 12,629.52 DZD |
| 500 MYR | 15,786.90 DZD |
| 600 MYR | 18,944.28 DZD |
| 700 MYR | 22,101.66 DZD |
| 800 MYR | 25,259.04 DZD |
| 1,000 MYR | 31,573.80 DZD |
| 1,500 MYR | 47,360.70 DZD |
| 2,000 MYR | 63,147.60 DZD |
| 2,500 MYR | 78,934.50 DZD |
| 3,000 MYR | 94,721.40 DZD |
| 4,000 MYR | 126,295.20 DZD |
| 5,000 MYR | 157,869.00 DZD |
| 10,000 MYR | 315,738.00 DZD |
| 15,000 MYR | 473,607.00 DZD |
| 20,000 MYR | 631,476.00 DZD |
| 30,000 MYR | 947,214.00 DZD |
| 40,000 MYR | 1,262,952.00 DZD |
| 50,000 MYR | 1,578,690.00 DZD |
| 100,000 MYR | 3,157,380.00 DZD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Malaysia to Algeria money transfers?
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 Malaysia to Algeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malaysian Ringgit to DZD.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 MYR to DZD in Algeria. 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 Algeria from Malaysia. We provide you with maximum choices to send money to Algeria by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Algeria from Malaysia?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Malaysia to Algeria transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MYR to Algerian Dinar international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Malaysian Ringgit to Algerian Dinar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way for transferring money to Algeria from Malaysia?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malaysia to Algeria via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Malaysian Ringgit to Algerian Dinar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malaysia to Algeria exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MYR to DZD remittances.
Should I use my bank to transfer money from Malaysia to Algeria?
Big banks in Malaysia are known to make a lot of money by charging high fees on Algeria money transfers from Malaysia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a MYR to DZD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Algeria. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Malaysia to Algeria. You work hard for your money, so you should also ensure you get the maximum yield when you send DZD overseas.
How to send money from Malaysia to Algeria fast?
The speed of your Malaysian Ringgit to Algerian Dinar 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 MYR to DZD. 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 Algeria from Malaysia 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 Algeria 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 DZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Algeria bank transfer.
Which are the best money transfer companies to transfer money to Algeria from Malaysia?
Since the Malaysian Ringgit to Algerian Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Malaysia that may also be able to send money to Algeria. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your MYR to DZD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Algeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Malaysia to Algeria transaction.
Step by step guide to send money from Malaysia to Algeria
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Malaysia to Algeria, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Malaysia to Algeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Algeria where they can receive monies in Algerian Dinar.
- Then, provide details of your Malaysia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.