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

Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates

Malaysia
El Salvador
MYR
Interbank Exchange Rate: 1 MYR = 0.2419 USD
Updated about an hour ago

Found 1 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
241.30 USD
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2413 USD

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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from Malaysia to El Salvador. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to US Dollar (USD) 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 El Salvador from Malaysia, we currently have 1 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to El Salvador and their 1 MYR to USD exchange rate today is 0.2413.

Were you looking to send money from El Salvador 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 USD Conversion Rates

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

1 MYR0.24 USD
5 MYR1.21 USD
10 MYR2.42 USD
25 MYR6.05 USD
50 MYR12.10 USD
100 MYR24.19 USD
150 MYR36.29 USD
200 MYR48.38 USD
250 MYR60.48 USD
300 MYR72.57 USD
400 MYR96.76 USD
500 MYR120.95 USD
600 MYR145.14 USD
700 MYR169.33 USD
800 MYR193.52 USD
1,000 MYR241.90 USD
1,500 MYR362.85 USD
2,000 MYR483.80 USD
2,500 MYR604.75 USD
3,000 MYR725.70 USD
4,000 MYR967.60 USD
5,000 MYR1,209.50 USD
10,000 MYR2,419.00 USD
15,000 MYR3,628.50 USD
20,000 MYR4,838.00 USD
30,000 MYR7,257.00 USD
40,000 MYR9,676.00 USD
50,000 MYR12,095.00 USD
100,000 MYR24,190.00 USD

*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 from Malaysia to El Salvador?

It can be very confusing when sending money from Malaysia to El Salvador given so many choices. Additionally, Malaysian Ringgit to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Malaysia to El Salvador as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to El Salvador from Malaysia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Malaysian Ringgit to United States Dollar remittances.


How to get the best rate to transfer money to El Salvador from Malaysia?

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 El Salvador from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to United States Dollar 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 USD 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 for transferring money to El Salvador from Malaysia?

The final amount your recipient gets when you send MYR to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Malaysia to El Salvador used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Malaysian Ringgit to El Salvador exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Malaysia to El Salvador 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 El Salvador 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 USD transfers.

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


What is the fastest way to do a money transfer to El Salvador 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 El Salvador. 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 USD 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 El Salvador. 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 United States Dollar quickly to El Salvador, 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 send money to El Salvador from Malaysia?

Comparing money transfer companies for sending money to El Salvador 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 El Salvador. 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 United States Dollar 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 United States Dollar yield on every Malaysian Ringgit that you send.


Step by step guide to send money to El Salvador 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 El Salvador, 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 El Salvador 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 El Salvador where they can receive monies in United States 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.