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

Compare today's MYR to JPY (Malaysian Ringgit to Japanese Yen) exchange rates

Malaysia
Japan
MYR
Interbank Exchange Rate: 1 MYR = 37.8458 JPY
Updated about an hour ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
37 524.80 JPY
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 37.5248 JPY
(*)(*)(*)(*)(*)
1000 MYR =
37 256.20 JPY
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 37.2562 JPY

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MYR =
37 245.00 JPY
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 37.2450 JPY
( )( )( )( )( )
1000 MYR =
36 908.10 JPY
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 36.9081 JPY

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 Japanese Yen money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Japan. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Japanese Yen (JPY) 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 Japan from Malaysia, we currently have 4 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Japan and their 1 MYR to JPY exchange rate today is 37.5248.

The next best Malaysian Ringgit to Japanese Yen exchange rate today for money transfers to Japan is offered by Verto (1 MYR = 37.2562 JPY).

Wise and MoneyMatch are amongst other competitive providers to consider for Malaysia to Japan money transfers.

Were you looking to send money from Japan 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 JPY Conversion Rates

Here are some latest MYR to JPY (Malaysian Ringgit to Japanese Yen) exchange rates for popular conversion amounts*.

1 MYR37.85 JPY
5 MYR189.23 JPY
10 MYR378.46 JPY
25 MYR946.15 JPY
50 MYR1,892.29 JPY
100 MYR3,784.58 JPY
150 MYR5,676.87 JPY
200 MYR7,569.16 JPY
250 MYR9,461.45 JPY
300 MYR11,353.74 JPY
400 MYR15,138.32 JPY
500 MYR18,922.90 JPY
600 MYR22,707.48 JPY
700 MYR26,492.06 JPY
800 MYR30,276.64 JPY
1,000 MYR37,845.80 JPY
1,500 MYR56,768.70 JPY
2,000 MYR75,691.60 JPY
2,500 MYR94,614.50 JPY
3,000 MYR113,537.40 JPY
4,000 MYR151,383.20 JPY
5,000 MYR189,229.00 JPY
10,000 MYR378,458.00 JPY
15,000 MYR567,687.00 JPY
20,000 MYR756,916.00 JPY
30,000 MYR1,135,374.00 JPY
40,000 MYR1,513,832.00 JPY
50,000 MYR1,892,290.00 JPY
100,000 MYR3,784,580.00 JPY

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


What's the best way to do Malaysia to Japan money transfers?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to JPY 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 Japan 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 JPY 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 Japan?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Malaysia to Japan transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MYR to Japanese Yen international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Malaysian Ringgit to Japanese Yen exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Malaysia to Japan?

One of the most important things to watch out for is hidden fees when sending money to Japan 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 Japan using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Japanese Yen foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Japan 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 Japan from Malaysia.


How to send money to Japan from Malaysia through a bank?

We do not recommend using your local bank in Malaysia for your next MYR to JPY 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 Japan (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 JPY to Japan. These companies will let you use your local bank account in Malaysia to pay for your Japan 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 Japan from Malaysia?

The speed of your Malaysian Ringgit to Japanese Yen 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 JPY. 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 Japan 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 Japan 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 JPY into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Japan bank transfer.


Which are the best money transfer companies to send money to Japan from Malaysia?

Malaysia to Japan money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Japan as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Malaysian Ringgit to Japanese Yen money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Malaysia to Japan

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 Japan, 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 Japan 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 Japan where they can receive monies in Japanese Yen.
  • 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.