Compare today's MYR to GYD (Malaysian Ringgit to Guyanese Dollar) exchange rates
Interbank Exchange Rate: 1 MYR = 50.6629 GYD
Updated about an hour ago
Found 1 Remittance Service Providers
1000 MYR =
48 730.00 GYD
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 48.7300 GYD
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 Guyanese Dollar money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Guyana. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Guyanese Dollar (GYD) 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 Guyana from Malaysia, we currently have 1 remittance service providers available.
Ria Money Transfer currently offers the most competitive rate for sending money to Guyana and their 1 MYR to GYD exchange rate today is 48.7300.
Were you looking to send money from Guyana 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 GYD Conversion Rates
Here are some latest MYR to GYD (Malaysian Ringgit to Guyanese Dollar) exchange rates for popular conversion amounts*.
| 1 MYR | 50.66 GYD |
| 5 MYR | 253.31 GYD |
| 10 MYR | 506.63 GYD |
| 25 MYR | 1,266.57 GYD |
| 50 MYR | 2,533.15 GYD |
| 100 MYR | 5,066.29 GYD |
| 150 MYR | 7,599.44 GYD |
| 200 MYR | 10,132.58 GYD |
| 250 MYR | 12,665.73 GYD |
| 300 MYR | 15,198.87 GYD |
| 400 MYR | 20,265.16 GYD |
| 500 MYR | 25,331.45 GYD |
| 600 MYR | 30,397.74 GYD |
| 700 MYR | 35,464.03 GYD |
| 800 MYR | 40,530.32 GYD |
| 1,000 MYR | 50,662.90 GYD |
| 1,500 MYR | 75,994.35 GYD |
| 2,000 MYR | 101,325.80 GYD |
| 2,500 MYR | 126,657.25 GYD |
| 3,000 MYR | 151,988.70 GYD |
| 4,000 MYR | 202,651.60 GYD |
| 5,000 MYR | 253,314.50 GYD |
| 10,000 MYR | 506,629.00 GYD |
| 15,000 MYR | 759,943.50 GYD |
| 20,000 MYR | 1,013,258.00 GYD |
| 30,000 MYR | 1,519,887.00 GYD |
| 40,000 MYR | 2,026,516.00 GYD |
| 50,000 MYR | 2,533,145.00 GYD |
| 100,000 MYR | 5,066,290.00 GYD |
*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 Guyana?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to GYD 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 Guyana 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 GYD 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 rate to transfer money to Guyana 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 Guyana from Malaysia.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to Guyanese 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 GYD 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 transfer money from Malaysia to Guyana?
One of the most important things to watch out for is hidden fees when sending money to Guyana from Malaysia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Guyana using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Guyanese Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Guyana exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Guyana from Malaysia.
How to send money to Guyana from Malaysia through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Guyana. 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 GYD 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 Guyana 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 Guyana?
If you need to convert MYR to GYD 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 Guyana 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 Guyanese Dollar 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 Guyana.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Guyana. 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 from Malaysia to Guyana?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Malaysia to Guyana, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Malaysian Ringgit to Guyanese Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your GYD money transfers to Guyana. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Guyana getting more money for every Malaysian Ringgit you send.
Step by step guide to transfer money to Guyana from Malaysia
Follow the below easy steps to send money to Guyana 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 Guyana).
- 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.
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.