Compare today's MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MYR = 137.4197 XOF
Updated about an hour ago
Found 2 Remittance Service Providers
1000 MYR =
135 210.00 XOF
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 135.2100 XOF
📢 B2B transfers only
1000 MYR =
133 365.00 XOF
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 133.3650 XOF
0 Remit Service Providers did not match the search criteria.
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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 Chad. 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 2 money transfer operators to get you the best FX rates to send money from Malaysia to Chad.
The best rate to send CFA Franc BCEAO from Malaysian Ringgit to your loved ones in Chad is currently offered by Verto; their 1 MYR to XOF exchange rate today is 135.2100.
Wise offers the next most competitive Malaysian Ringgit to CFA Franc BCEAO exchange rate today (currently 1 MYR = 133.3650 XOF).
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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 | 137.42 XOF |
| 5 MYR | 687.10 XOF |
| 10 MYR | 1,374.20 XOF |
| 25 MYR | 3,435.49 XOF |
| 50 MYR | 6,870.99 XOF |
| 100 MYR | 13,741.97 XOF |
| 150 MYR | 20,612.96 XOF |
| 200 MYR | 27,483.94 XOF |
| 250 MYR | 34,354.93 XOF |
| 300 MYR | 41,225.91 XOF |
| 400 MYR | 54,967.88 XOF |
| 500 MYR | 68,709.85 XOF |
| 600 MYR | 82,451.82 XOF |
| 700 MYR | 96,193.79 XOF |
| 800 MYR | 109,935.76 XOF |
| 1,000 MYR | 137,419.70 XOF |
| 1,500 MYR | 206,129.55 XOF |
| 2,000 MYR | 274,839.40 XOF |
| 2,500 MYR | 343,549.25 XOF |
| 3,000 MYR | 412,259.10 XOF |
| 4,000 MYR | 549,678.80 XOF |
| 5,000 MYR | 687,098.50 XOF |
| 10,000 MYR | 1,374,197.00 XOF |
| 15,000 MYR | 2,061,295.50 XOF |
| 20,000 MYR | 2,748,394.00 XOF |
| 30,000 MYR | 4,122,591.00 XOF |
| 40,000 MYR | 5,496,788.00 XOF |
| 50,000 MYR | 6,870,985.00 XOF |
| 100,000 MYR | 13,741,970.00 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 Chad 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 Chad 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 rate to transfer money to Chad from Malaysia?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Chad.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Chad transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your MYR to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way for transferring money to Chad from Malaysia?
When you want to send money to Chad from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MYR to XOF money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Malaysia to Chad. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Malaysia to Chad exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.
How to send money to Chad 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 Chad 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 Chad 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 Chad gets the maximum amount.
How to send money from Malaysia to Chad 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 Chad 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 Chad.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Chad. 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 transfer money to Chad from Malaysia?
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 Chad, 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 CFA Franc BCEAO 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 XOF money transfers to Chad. 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 Chad getting more money for every Malaysian Ringgit you send.
Step by step guide to send money from Malaysia to Chad
There are many important aspects of Malaysia to Chad 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.