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Compare today's MYR to DOP (Malaysian Ringgit to Dominican Peso) exchange rates

Malaysia
Dominican Republic
MYR
Interbank Exchange Rate: 1 MYR = 15.1410 DOP
Updated about an hour ago

Found 1 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
15 050.00 DOP
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 15.0500 DOP

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 Dominican Peso money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Dominican Republic. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Dominican Peso (DOP) 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 1 money transfer operators to get you the best FX rates to send money from Malaysia to Dominican Republic.

The best rate to send Dominican Peso from Malaysian Ringgit to your loved ones in Dominican Republic is currently offered by Ria Money Transfer; their 1 MYR to DOP exchange rate today is 15.0500.

Were you looking to send money from Dominican Republic 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 DOP Conversion Rates

Here are some latest MYR to DOP (Malaysian Ringgit to Dominican Peso) exchange rates for popular conversion amounts*.

1 MYR15.14 DOP
5 MYR75.71 DOP
10 MYR151.41 DOP
25 MYR378.53 DOP
50 MYR757.05 DOP
100 MYR1,514.10 DOP
150 MYR2,271.15 DOP
200 MYR3,028.20 DOP
250 MYR3,785.25 DOP
300 MYR4,542.30 DOP
400 MYR6,056.40 DOP
500 MYR7,570.50 DOP
600 MYR9,084.60 DOP
700 MYR10,598.70 DOP
800 MYR12,112.80 DOP
1,000 MYR15,141.00 DOP
1,500 MYR22,711.50 DOP
2,000 MYR30,282.00 DOP
2,500 MYR37,852.50 DOP
3,000 MYR45,423.00 DOP
4,000 MYR60,564.00 DOP
5,000 MYR75,705.00 DOP
10,000 MYR151,410.00 DOP
15,000 MYR227,115.00 DOP
20,000 MYR302,820.00 DOP
30,000 MYR454,230.00 DOP
40,000 MYR605,640.00 DOP
50,000 MYR757,050.00 DOP
100,000 MYR1,514,100.00 DOP

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


What's the best way to send money to Dominican Republic from Malaysia?

Sending money internationally to Dominican Republic 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 DOP 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 Dominican Republic. 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 Dominican Peso.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Dominican Republic from Malaysia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MYR to Dominican Peso money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Malaysia to Dominican Republic corridor to give you more good choices for your next DOP money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Dominican Republic from Malaysia?

Finding the cheapest way to send money from Malaysia to Dominican Republic 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 DOP 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 Dominican Republic 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 send money from Malaysia to Dominican Republic?

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Dominican Republic. 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 DOP 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 Dominican Republic 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 do a money transfer to Dominican Republic from Malaysia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malaysia to Dominican Republic. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MYR to DOP fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Malaysian Ringgit amount reaching Dominican Republic. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Dominican Peso quickly to Dominican Republic, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Malaysia to Dominican Republic?

Comparing money transfer companies for sending money to Dominican Republic 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 Dominican Republic. 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 Dominican Peso 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 Dominican Peso yield on every Malaysian Ringgit that you send.


Step by step guide to do a money transfer from Malaysia to Dominican Republic

The first step to send money to Dominican Republic from Malaysia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MYR to DOP overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Dominican Republic if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Malaysia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Dominican Republic!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Malaysia to Dominican Republic.