Compare today's MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MYR = 136.9798 XOF
Updated about an hour ago
Found 3 Remittance Service Providers
1000 MYR =
136 603.40 XOF
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 136.6034 XOF
1000 MYR =
135 224.70 XOF
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 135.2247 XOF
📢 B2B transfers only
1000 MYR =
132 816.00 XOF
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 132.8160 XOF
0 Remit Service Providers did not match the search criteria.
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 Malaysian Ringgit to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Burkina Faso. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to CFA Franc BCEAO (XOF) 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.
RemitFinder compared 3 money transfer operators to get you the best FX rates to send money from Malaysia to Burkina Faso.
The best rate to send CFA Franc BCEAO from Malaysian Ringgit to your loved ones in Burkina Faso is currently offered by Ria Money Transfer; their 1 MYR to XOF exchange rate today is 136.6034.
Verto offers the next most competitive Malaysian Ringgit to CFA Franc BCEAO exchange rate today (currently 1 MYR = 135.2247 XOF).
Were you looking to send money from Burkina Faso to Malaysia 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 MYR to XOF Conversion Rates
Here are some latest MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MYR | 136.98 XOF |
| 5 MYR | 684.90 XOF |
| 10 MYR | 1,369.80 XOF |
| 25 MYR | 3,424.50 XOF |
| 50 MYR | 6,848.99 XOF |
| 100 MYR | 13,697.98 XOF |
| 150 MYR | 20,546.97 XOF |
| 200 MYR | 27,395.96 XOF |
| 250 MYR | 34,244.95 XOF |
| 300 MYR | 41,093.94 XOF |
| 400 MYR | 54,791.92 XOF |
| 500 MYR | 68,489.90 XOF |
| 600 MYR | 82,187.88 XOF |
| 700 MYR | 95,885.86 XOF |
| 800 MYR | 109,583.84 XOF |
| 1,000 MYR | 136,979.80 XOF |
| 1,500 MYR | 205,469.70 XOF |
| 2,000 MYR | 273,959.60 XOF |
| 2,500 MYR | 342,449.50 XOF |
| 3,000 MYR | 410,939.40 XOF |
| 4,000 MYR | 547,919.20 XOF |
| 5,000 MYR | 684,899.00 XOF |
| 10,000 MYR | 1,369,798.00 XOF |
| 15,000 MYR | 2,054,697.00 XOF |
| 20,000 MYR | 2,739,596.00 XOF |
| 30,000 MYR | 4,109,394.00 XOF |
| 40,000 MYR | 5,479,192.00 XOF |
| 50,000 MYR | 6,848,990.00 XOF |
| 100,000 MYR | 13,697,980.00 XOF |
*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 Burkina Faso from Malaysia?
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 Burkina Faso. 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 XOF.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 XOF in Burkina Faso. 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 Burkina Faso from Malaysia. We provide you with maximum choices to send money to Burkina Faso 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 Malaysia to Burkina Faso?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burkina Faso from Malaysia. 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 MYR to CFA Franc BCEAO 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 Malaysia to Burkina Faso corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Malaysia to Burkina Faso?
One of the most important things to watch out for is hidden fees when sending money to Burkina Faso from Malaysia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Burkina Faso using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Burkina Faso exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Burkina Faso from Malaysia.
Should I use my bank to send money from Malaysia to Burkina Faso?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MYR to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Malaysia to Burkina Faso money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Burkina Faso from Malaysia. They do this by letting you fund your transaction through your local bank account in Malaysia, and by allowing you to choose the payout to be your recipient's bank account in Burkina Faso. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Burkina Faso from Malaysia fast?
The first thing to do when you need to convert MYR to XOF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Malaysian Ringgit and CFA Franc BCEAO. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Malaysia to Burkina Faso remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Burkina Faso.
Which are the best money transfer companies to send money to Burkina Faso from Malaysia?
Since the Malaysian Ringgit to CFA Franc BCEAO 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 Burkina Faso. 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 XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burkina Faso 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 Burkina Faso transaction.
Step by step guide to transfer money to Burkina Faso from Malaysia
There are many important aspects of Malaysia to Burkina Faso remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malaysia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Malaysian Ringgit amount you want to send from Malaysia.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.