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

Compare today's MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates

Malaysia
Central African Republic
MYR
Interbank Exchange Rate: 1 MYR = 136.8614 XOF
Updated about 1 hours ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
137 064.70 XOF
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 137.0647 XOF
(*)(*)(*)(*)(*)
1000 MYR =
135 358.40 XOF
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 135.3584 XOF

📢 B2B transfers only
(*)(*)(*)(*)( )
1000 MYR =
134 168.70 XOF
Transfer Limit (MYR): No Limits
Locked-In Rate1 MYR = 134.1687 XOF

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 MYR =
133 048.00 XOF
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 133.0480 XOF

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 Central African Republic. 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.

When making a money transfer to Central African Republic from Malaysia, we currently have 4 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Central African Republic and their 1 MYR to XOF exchange rate today is 137.0647.

The next best Malaysian Ringgit to CFA Franc BCEAO exchange rate today for money transfers to Central African Republic is offered by Verto (1 MYR = 135.3584 XOF).

WorldRemit and Wise are amongst other competitive providers to consider for Malaysia to Central African Republic money transfers.

Were you looking to send money from Central African Republic 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 MYR136.86 XOF
5 MYR684.31 XOF
10 MYR1,368.61 XOF
25 MYR3,421.54 XOF
50 MYR6,843.07 XOF
100 MYR13,686.14 XOF
150 MYR20,529.21 XOF
200 MYR27,372.28 XOF
250 MYR34,215.35 XOF
300 MYR41,058.42 XOF
400 MYR54,744.56 XOF
500 MYR68,430.70 XOF
600 MYR82,116.84 XOF
700 MYR95,802.98 XOF
800 MYR109,489.12 XOF
1,000 MYR136,861.40 XOF
1,500 MYR205,292.10 XOF
2,000 MYR273,722.80 XOF
2,500 MYR342,153.50 XOF
3,000 MYR410,584.20 XOF
4,000 MYR547,445.60 XOF
5,000 MYR684,307.00 XOF
10,000 MYR1,368,614.00 XOF
15,000 MYR2,052,921.00 XOF
20,000 MYR2,737,228.00 XOF
30,000 MYR4,105,842.00 XOF
40,000 MYR5,474,456.00 XOF
50,000 MYR6,843,070.00 XOF
100,000 MYR13,686,140.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Malaysia to Central African Republic money transfers?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Central African Republic from Malaysia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Malaysia to Central African Republic?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Central African Republic 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 Central African Republic 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 Central African Republic?

Finding the cheapest way to send money from Malaysia to Central African Republic 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 MYR to XOF 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 Malaysia to Central African Republic 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.


How to send money to Central African Republic from Malaysia through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Malaysia to Central African Republic money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MYR to XOF transfers.

Given this, there are umpteen additional options to send money to Central African Republic instead of just your Malaysia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malaysian Ringgit even more so that your recipient in Central African Republic gets the maximum amount.


How to send money from Malaysia to Central African Republic fast?

If you need to convert MYR to XOF 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 Malaysia to Central African Republic 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 Malaysian Ringgit to CFA Franc BCEAO 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 Central African Republic.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Central African Republic. 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 Central African Republic from Malaysia?

Comparing money transfer companies for sending money to Central African Republic from Malaysia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Central African Republic. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malaysian Ringgit to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every Malaysian Ringgit that you send.


Step by step guide to send money from Malaysia to Central African Republic

There are many important aspects of Malaysia to Central African Republic 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Central African Republic to validate that they get the money once the transaction clears.