Compare today's MYR to EUR (Malaysian Ringgit to Euro) exchange rates
Interbank Exchange Rate: 1 MYR = 0.2081 EUR
Updated about an hour ago
Found 6 Remittance Service Providers
1000 MYR =
208.40 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2084 EUR
1000 MYR =
207.70 EUR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2077 EUR
1000 MYR =
206.40 EUR
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2064 EUR
1000 MYR =
206.00 EUR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2060 EUR
1000 MYR =
205.50 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2055 EUR
📢 B2B transfers only
1000 MYR =
200.60 EUR
Transfer Limit (MYR): 9.5954 - 47977
Locked-In Rate1 MYR = 0.2006 EUR
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 Euro money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Italy. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Euro (EUR) 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 Italy from Malaysia, we currently have 6 remittance service providers available.
Instarem currently offers the most competitive rate for sending money to Italy and their 1 MYR to EUR exchange rate today is 0.2084.
The next best Malaysian Ringgit to Euro exchange rate today for money transfers to Italy is offered by Ria Money Transfer (1 MYR = 0.2077 EUR).
Wise and MoneyMatch are amongst other competitive providers to consider for Malaysia to Italy money transfers.
Were you looking to send money from Italy 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 EUR Conversion Rates
Here are some latest MYR to EUR (Malaysian Ringgit to Euro) exchange rates for popular conversion amounts*.
| 1 MYR | 0.21 EUR |
| 5 MYR | 1.04 EUR |
| 10 MYR | 2.08 EUR |
| 25 MYR | 5.20 EUR |
| 50 MYR | 10.41 EUR |
| 100 MYR | 20.81 EUR |
| 150 MYR | 31.22 EUR |
| 200 MYR | 41.62 EUR |
| 250 MYR | 52.03 EUR |
| 300 MYR | 62.43 EUR |
| 400 MYR | 83.24 EUR |
| 500 MYR | 104.05 EUR |
| 600 MYR | 124.86 EUR |
| 700 MYR | 145.67 EUR |
| 800 MYR | 166.48 EUR |
| 1,000 MYR | 208.10 EUR |
| 1,500 MYR | 312.15 EUR |
| 2,000 MYR | 416.20 EUR |
| 2,500 MYR | 520.25 EUR |
| 3,000 MYR | 624.30 EUR |
| 4,000 MYR | 832.40 EUR |
| 5,000 MYR | 1,040.50 EUR |
| 10,000 MYR | 2,081.00 EUR |
| 15,000 MYR | 3,121.50 EUR |
| 20,000 MYR | 4,162.00 EUR |
| 30,000 MYR | 6,243.00 EUR |
| 40,000 MYR | 8,324.00 EUR |
| 50,000 MYR | 10,405.00 EUR |
| 100,000 MYR | 20,810.00 EUR |
*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 Italy?
There are many good choices when it comes to sending money from Malaysia to Italy. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malaysian Ringgit to EUR money transfers.We compare different remittance companies to bring you the best options to send money to Italy from Malaysia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malaysian Ringgit to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best remit rate for transferring money from Malaysia to Italy?
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 Italy.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Italy 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 Euro 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 to send money to Italy from Malaysia?
The final amount your recipient gets when you send MYR to EUR 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 Italy 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 Euro 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 Italy 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 to Italy from Malaysia through a bank?
We do not recommend using your local bank in Malaysia for your next MYR to EUR 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 Italy (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 EUR to Italy. These companies will let you use your local bank account in Malaysia to pay for your Italy 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 do a money transfer to Italy from Malaysia?
The speed of your Malaysian Ringgit to Euro 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 EUR. 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 Italy 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 Italy 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Italy bank transfer.
Which are the best money transfer companies to transfer money from Malaysia to Italy?
The first step in selecting the best money transfer operators for Malaysia to Italy remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Malaysian Ringgit to Euro money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Italy.
Step by step guide to do a money transfer from Malaysia to Italy
Follow the below easy steps to send money to Italy 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 Italy).
- 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.