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

Compare today's MYR to EUR (Malaysian Ringgit to Euro) exchange rates

Malaysia
Cyprus
MYR
Interbank Exchange Rate: 1 MYR = 0.2089 EUR
Updated about an hour ago

Found 6 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
209.40 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2094 EUR
(*)(*)(*)(*)(*)
1000 MYR =
209.00 EUR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2090 EUR
(*)(*)(*)(*)(*)
1000 MYR =
207.50 EUR
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2075 EUR
( )( )( )( )( )
1000 MYR =
206.80 EUR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2068 EUR
(*)(*)(*)(*)(*)
1000 MYR =
206.70 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2067 EUR

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MYR =
201.80 EUR
Transfer Limit (MYR): 9.5374 - 47687
Locked-In Rate1 MYR = 0.2018 EUR

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 Euro money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Cyprus. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Euro (EUR) 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 6 money transfer operators to get you the best FX rates to send money from Malaysia to Cyprus.

The best rate to send Euro from Malaysian Ringgit to your loved ones in Cyprus is currently offered by Instarem; their 1 MYR to EUR exchange rate today is 0.2094.

Ria Money Transfer offers the next most competitive Malaysian Ringgit to Euro exchange rate today (currently 1 MYR = 0.2090 EUR).

Two other competitive providers for sending money from Malaysia to Cyprus are Wise and MoneyMatch.

Were you looking to send money from Cyprus 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 EUR Conversion Rates

Here are some latest MYR to EUR (Malaysian Ringgit to Euro) exchange rates for popular conversion amounts*.

1 MYR0.21 EUR
5 MYR1.04 EUR
10 MYR2.09 EUR
25 MYR5.22 EUR
50 MYR10.45 EUR
100 MYR20.89 EUR
150 MYR31.34 EUR
200 MYR41.78 EUR
250 MYR52.23 EUR
300 MYR62.67 EUR
400 MYR83.56 EUR
500 MYR104.45 EUR
600 MYR125.34 EUR
700 MYR146.23 EUR
800 MYR167.12 EUR
1,000 MYR208.90 EUR
1,500 MYR313.35 EUR
2,000 MYR417.80 EUR
2,500 MYR522.25 EUR
3,000 MYR626.70 EUR
4,000 MYR835.60 EUR
5,000 MYR1,044.50 EUR
10,000 MYR2,089.00 EUR
15,000 MYR3,133.50 EUR
20,000 MYR4,178.00 EUR
30,000 MYR6,267.00 EUR
40,000 MYR8,356.00 EUR
50,000 MYR10,445.00 EUR
100,000 MYR20,890.00 EUR

*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 Cyprus money transfers?

There are many good choices when it comes to sending money from Malaysia to Cyprus. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malaysian Ringgit to EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Cyprus from Malaysia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malaysian Ringgit to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Cyprus.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Cyprus 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 Euro 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 to transfer money from Malaysia to Cyprus?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malaysia to Cyprus via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Malaysian Ringgit to Euro remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malaysia to Cyprus exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MYR to EUR remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Cyprus. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MYR to EUR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Malaysia bank for your Cyprus money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Malaysia to Cyprus?

The speed of your Malaysian Ringgit to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MYR to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Cyprus from Malaysia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Cyprus if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Cyprus bank transfer.


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

Comparing money transfer companies for sending money to Cyprus 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 Cyprus. 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 Euro 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 Euro yield on every Malaysian Ringgit that you send.


Step by step guide to send money to Cyprus from Malaysia

Follow the below easy steps to send money to Cyprus 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 Cyprus).
  • 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 EUR 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.