Compare today's MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MYR = 137.0962 XOF
Updated about an hour ago
Found 4 Remittance Service Providers
1000 MYR =
136 603.40 XOF
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 136.6034 XOF
1000 MYR =
135 224.70 XOF
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 135.2247 XOF
📢 B2B transfers only
1000 MYR =
133 788.30 XOF
Transfer Limit (MYR): No Limits
Locked-In Rate1 MYR = 133.7883 XOF
📢 Special exchange rate applied for first transfer
1000 MYR =
132 816.00 XOF
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 132.8160 XOF
0 Remit Service Providers did not match the search criteria.
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 CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Guinea-Bissau. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to CFA Franc BCEAO (XOF) 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 4 money transfer operators to get you the best FX rates to send money from Malaysia to Guinea-Bissau.
The best rate to send CFA Franc BCEAO from Malaysian Ringgit to your loved ones in Guinea-Bissau is currently offered by Ria Money Transfer; their 1 MYR to XOF exchange rate today is 136.6034.
Verto offers the next most competitive Malaysian Ringgit to CFA Franc BCEAO exchange rate today (currently 1 MYR = 135.2247 XOF).
Two other competitive providers for sending money from Malaysia to Guinea-Bissau are WorldRemit and Wise.
Were you looking to send money from Guinea-Bissau 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 XOF Conversion Rates
Here are some latest MYR to XOF (Malaysian Ringgit to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MYR | 137.10 XOF |
| 5 MYR | 685.48 XOF |
| 10 MYR | 1,370.96 XOF |
| 25 MYR | 3,427.41 XOF |
| 50 MYR | 6,854.81 XOF |
| 100 MYR | 13,709.62 XOF |
| 150 MYR | 20,564.43 XOF |
| 200 MYR | 27,419.24 XOF |
| 250 MYR | 34,274.05 XOF |
| 300 MYR | 41,128.86 XOF |
| 400 MYR | 54,838.48 XOF |
| 500 MYR | 68,548.10 XOF |
| 600 MYR | 82,257.72 XOF |
| 700 MYR | 95,967.34 XOF |
| 800 MYR | 109,676.96 XOF |
| 1,000 MYR | 137,096.20 XOF |
| 1,500 MYR | 205,644.30 XOF |
| 2,000 MYR | 274,192.40 XOF |
| 2,500 MYR | 342,740.50 XOF |
| 3,000 MYR | 411,288.60 XOF |
| 4,000 MYR | 548,384.80 XOF |
| 5,000 MYR | 685,481.00 XOF |
| 10,000 MYR | 1,370,962.00 XOF |
| 15,000 MYR | 2,056,443.00 XOF |
| 20,000 MYR | 2,741,924.00 XOF |
| 30,000 MYR | 4,112,886.00 XOF |
| 40,000 MYR | 5,483,848.00 XOF |
| 50,000 MYR | 6,854,810.00 XOF |
| 100,000 MYR | 13,709,620.00 XOF |
*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 Guinea-Bissau?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to XOF 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 Guinea-Bissau 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 XOF 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 Guinea-Bissau?
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 Guinea-Bissau.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Guinea-Bissau 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 CFA Franc BCEAO 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 for transferring money to Guinea-Bissau from Malaysia?
When you want to send money to Guinea-Bissau from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 XOF 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 Guinea-Bissau. 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 Guinea-Bissau 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 CFA Franc BCEAO overseas.
How to send money from Malaysia to Guinea-Bissau through a bank?
We do not recommend using your local bank in Malaysia for your next MYR to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Malaysia to Guinea-Bissau (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Guinea-Bissau. These companies will let you use your local bank account in Malaysia to pay for your Guinea-Bissau money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to transfer money from Malaysia to Guinea-Bissau?
If you need to convert MYR to XOF 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 Guinea-Bissau 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 CFA Franc BCEAO 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 Guinea-Bissau.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Guinea-Bissau. 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 transfer money to Guinea-Bissau from Malaysia?
Since the Malaysian Ringgit to CFA Franc BCEAO 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 Guinea-Bissau. 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 XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Guinea-Bissau 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 Guinea-Bissau transaction.
Step by step guide to send money from Malaysia to Guinea-Bissau
The first step to send money to Guinea-Bissau 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 XOF 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 Guinea-Bissau 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 Guinea-Bissau!