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Compare today's MYR to CDF (Malaysian Ringgit to Congolese Franc) exchange rates

Malaysia
Democratic Republic of Congo
MYR
Interbank Exchange Rate: 1 MYR = 552.3150 CDF
Updated about an hour ago

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All you need to know about Malaysian Ringgit to Congolese Franc money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Democratic Republic of Congo. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Congolese Franc (CDF) 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.

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Latest MYR to CDF Conversion Rates

Here are some latest MYR to CDF (Malaysian Ringgit to Congolese Franc) exchange rates for popular conversion amounts*.

1 MYR552.32 CDF
5 MYR2,761.58 CDF
10 MYR5,523.15 CDF
25 MYR13,807.88 CDF
50 MYR27,615.75 CDF
100 MYR55,231.50 CDF
150 MYR82,847.25 CDF
200 MYR110,463.00 CDF
250 MYR138,078.75 CDF
300 MYR165,694.50 CDF
400 MYR220,926.00 CDF
500 MYR276,157.50 CDF
600 MYR331,389.00 CDF
700 MYR386,620.50 CDF
800 MYR441,852.00 CDF
1,000 MYR552,315.00 CDF
1,500 MYR828,472.50 CDF
2,000 MYR1,104,630.00 CDF
2,500 MYR1,380,787.50 CDF
3,000 MYR1,656,945.00 CDF
4,000 MYR2,209,260.00 CDF
5,000 MYR2,761,575.00 CDF
10,000 MYR5,523,150.00 CDF
15,000 MYR8,284,725.00 CDF
20,000 MYR11,046,300.00 CDF
30,000 MYR16,569,450.00 CDF
40,000 MYR22,092,600.00 CDF
50,000 MYR27,615,750.00 CDF
100,000 MYR55,231,500.00 CDF

*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 Congo?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to CDF 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 Congo 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 CDF 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 Congo?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Congo from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to Congolese Franc remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MYR to CDF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Malaysia to Congo?

Finding the cheapest way to send money from Malaysia to Congo 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 CDF 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 Congo 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.


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

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Congo. 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 CDF 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 Congo 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 Congo?

The speed of your Malaysian Ringgit to Congolese Franc 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 CDF. 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 Congo 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 Congo 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 CDF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Congo bank transfer.


Which are the best money transfer companies to send money to Congo from Malaysia?

Since the Malaysian Ringgit to Congolese Franc 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 Congo. 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 CDF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Congo 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 Congo transaction.


Step by step guide to send money from Malaysia to Congo

With so many possible ways to transfer Malaysian Ringgit to Congolese Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Malaysia to Congo remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malaysia and the receiver in Congo. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MYR to Congolese Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.