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

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

Malaysia
Cocos (Keeling) Islands
MYR
Interbank Exchange Rate: 1 MYR = 0.3710 AUD
Updated about an hour ago

Found 2 Remittance Service Providers

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1000 MYR =
368.30 AUD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.3683 AUD
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1000 MYR =
366.90 AUD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.3669 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 Cocos (Keeling) Islands. 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from Malaysia to Cocos (Keeling) Islands.

The best rate to send Australian Dollar from Malaysian Ringgit to your loved ones in Cocos (Keeling) Islands is currently offered by Wise; their 1 MYR to AUD exchange rate today is 0.3683.

Verto offers the next most competitive Malaysian Ringgit to Australian Dollar exchange rate today (currently 1 MYR = 0.3669 AUD).

Were you looking to send money from Cocos (Keeling) Islands 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 MYR1.86 AUD
10 MYR3.71 AUD
25 MYR9.28 AUD
50 MYR18.55 AUD
100 MYR37.10 AUD
150 MYR55.65 AUD
200 MYR74.20 AUD
250 MYR92.75 AUD
300 MYR111.30 AUD
400 MYR148.40 AUD
500 MYR185.50 AUD
600 MYR222.60 AUD
700 MYR259.70 AUD
800 MYR296.80 AUD
1,000 MYR371.00 AUD
1,500 MYR556.50 AUD
2,000 MYR742.00 AUD
2,500 MYR927.50 AUD
3,000 MYR1,113.00 AUD
4,000 MYR1,484.00 AUD
5,000 MYR1,855.00 AUD
10,000 MYR3,710.00 AUD
15,000 MYR5,565.00 AUD
20,000 MYR7,420.00 AUD
30,000 MYR11,130.00 AUD
40,000 MYR14,840.00 AUD
50,000 MYR18,550.00 AUD
100,000 MYR37,100.00 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 Cocos (Keeling) Islands?

Sending money internationally to Cocos (Keeling) Islands 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 Cocos (Keeling) Islands. 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 your money transfers from Malaysia to Cocos (Keeling) Islands?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MYR to Australian Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malaysia to Cocos (Keeling) Islands. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MYR to AUD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Malaysia to Cocos (Keeling) Islands?

When you want to send money to Cocos (Keeling) Islands from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Australian Dollar. 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 AUD 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 Cocos (Keeling) Islands. 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 Cocos (Keeling) Islands 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 Australian Dollar overseas.


Should I use my bank to transfer money from Malaysia to Cocos (Keeling) Islands?

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


How to send money from Malaysia to Cocos (Keeling) Islands 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 Cocos (Keeling) Islands 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 Cocos (Keeling) Islands.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Cocos (Keeling) Islands. 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 Cocos (Keeling) Islands from Malaysia?

Since the Malaysian Ringgit to Australian Dollar 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 Cocos (Keeling) Islands. 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 AUD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cocos (Keeling) Islands 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 Cocos (Keeling) Islands transaction.


Step by step guide to transfer money to Cocos (Keeling) Islands from Malaysia

Follow the below easy steps to send money to Cocos (Keeling) Islands from Malaysia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Malaysia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Cocos (Keeling) Islands).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MYR to AUD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.