Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MYR to KHR (Malaysian Ringgit to Cambodian Riel) exchange rates

Malaysia
Cambodia
MYR
Interbank Exchange Rate: 1 MYR = 971.5250 KHR
Updated about an hour ago

Found 1 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
967 910.80 KHR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 967.9108 KHR

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 Cambodian Riel money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Cambodia. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Cambodian Riel (KHR) 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 1 money transfer operators to get you the best FX rates to send money from Malaysia to Cambodia.

The best rate to send Cambodian Riel from Malaysian Ringgit to your loved ones in Cambodia is currently offered by Ria Money Transfer; their 1 MYR to KHR exchange rate today is 967.9108.

Were you looking to send money from Cambodia 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 KHR Conversion Rates

Here are some latest MYR to KHR (Malaysian Ringgit to Cambodian Riel) exchange rates for popular conversion amounts*.

1 MYR971.53 KHR
5 MYR4,857.63 KHR
10 MYR9,715.25 KHR
25 MYR24,288.13 KHR
50 MYR48,576.25 KHR
100 MYR97,152.50 KHR
150 MYR145,728.75 KHR
200 MYR194,305.00 KHR
250 MYR242,881.25 KHR
300 MYR291,457.50 KHR
400 MYR388,610.00 KHR
500 MYR485,762.50 KHR
600 MYR582,915.00 KHR
700 MYR680,067.50 KHR
800 MYR777,220.00 KHR
1,000 MYR971,525.00 KHR
1,500 MYR1,457,287.50 KHR
2,000 MYR1,943,050.00 KHR
2,500 MYR2,428,812.50 KHR
3,000 MYR2,914,575.00 KHR
4,000 MYR3,886,100.00 KHR
5,000 MYR4,857,625.00 KHR
10,000 MYR9,715,250.00 KHR
15,000 MYR14,572,875.00 KHR
20,000 MYR19,430,500.00 KHR
30,000 MYR29,145,750.00 KHR
40,000 MYR38,861,000.00 KHR
50,000 MYR48,576,250.00 KHR
100,000 MYR97,152,500.00 KHR

*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 Cambodia 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 Cambodia. 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 KHR.

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 KHR in Cambodia. 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 Cambodia from Malaysia. We provide you with maximum choices to send money to Cambodia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Cambodia from Malaysia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Cambodia from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to Cambodian Riel remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MYR to KHR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Malaysia to Cambodia?

The final amount your recipient gets when you send MYR to KHR 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 Malaysia to Cambodia 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 Cambodian Riel 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 Malaysian Ringgit to Cambodia 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.


Should I use my bank to transfer money from Malaysia to Cambodia?

Big banks in Malaysia are known to make a lot of money by charging high fees on Cambodia 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 KHR 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 Cambodia. 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 Cambodia. You work hard for your money, so you should also ensure you get the maximum yield when you send KHR overseas.


How to send money to Cambodia from Malaysia fast?

The first thing to do when you need to convert MYR to KHR 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 Cambodian Riel. 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 Cambodia 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 Cambodia.


Which are the best money transfer companies to transfer money from Malaysia to Cambodia?

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 Malaysia to Cambodia, 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 Malaysian Ringgit to Cambodian Riel 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 KHR money transfers to Cambodia. 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 Cambodia getting more money for every Malaysian Ringgit you send.


Step by step guide to send money from Malaysia to Cambodia

With so many possible ways to transfer Malaysian Ringgit to Cambodian Riel, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Malaysia to Cambodia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malaysia and the receiver in Cambodia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MYR to Cambodian Riel money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.