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

Compare today's MYR to AUD (Malaysian Ringgit to Australian Dollar) exchange rates

Malaysia
Christmas Island
MYR
Interbank Exchange Rate: 1 MYR = 0.3672 AUD
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
363.90 AUD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.3639 AUD
(*)(*)(*)(*)(*)
1000 MYR =
362.30 AUD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.3623 AUD

📢 B2B transfers only

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 Australian Dollar money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Christmas Island. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Australian Dollar (AUD) 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 Christmas Island from Malaysia, we currently have 2 remittance service providers available.

Wise currently offers the most competitive rate for sending money to Christmas Island and their 1 MYR to AUD exchange rate today is 0.3639.

The next best Malaysian Ringgit to Australian Dollar exchange rate today for money transfers to Christmas Island is offered by Verto (1 MYR = 0.3623 AUD).

Were you looking to send money from Christmas Island 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 AUD Conversion Rates

Here are some latest MYR to AUD (Malaysian Ringgit to Australian Dollar) exchange rates for popular conversion amounts*.

1 MYR0.37 AUD
5 MYR1.84 AUD
10 MYR3.67 AUD
25 MYR9.18 AUD
50 MYR18.36 AUD
100 MYR36.72 AUD
150 MYR55.08 AUD
200 MYR73.44 AUD
250 MYR91.80 AUD
300 MYR110.16 AUD
400 MYR146.88 AUD
500 MYR183.60 AUD
600 MYR220.32 AUD
700 MYR257.04 AUD
800 MYR293.76 AUD
1,000 MYR367.20 AUD
1,500 MYR550.80 AUD
2,000 MYR734.40 AUD
2,500 MYR918.00 AUD
3,000 MYR1,101.60 AUD
4,000 MYR1,468.80 AUD
5,000 MYR1,836.00 AUD
10,000 MYR3,672.00 AUD
15,000 MYR5,508.00 AUD
20,000 MYR7,344.00 AUD
30,000 MYR11,016.00 AUD
40,000 MYR14,688.00 AUD
50,000 MYR18,360.00 AUD
100,000 MYR36,720.00 AUD

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


What's the best way to transfer money from Malaysia to Christmas Island?

Sending money internationally to Christmas Island from Malaysia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malaysian Ringgit to AUD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Christmas Island. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Australian Dollar.


How to get the best exchange rate for sending money from Malaysia to Christmas Island?

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 Christmas Island 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 Australian Dollar 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 Australian Dollar 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 Christmas Island from Malaysia?

Finding the cheapest way to send money from Malaysia to Christmas Island 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 AUD 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 Christmas Island 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 Christmas Island 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 Christmas Island 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 AUD transfers.

Given this, there are umpteen additional options to send money to Christmas Island 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 Christmas Island gets the maximum amount.


How to send money from Malaysia to Christmas Island fast?

If you need to convert MYR to AUD 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 Christmas Island 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 Australian Dollar 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 Christmas Island.

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

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 Christmas Island, 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 Australian Dollar 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 AUD money transfers to Christmas Island. 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 Christmas Island getting more money for every Malaysian Ringgit you send.


Step by step guide to send money to Christmas Island from Malaysia

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 Christmas Island, 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 Christmas Island 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 Christmas Island where they can receive monies in Australian Dollar.
  • 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MYR travel to another part of the globe.