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

Compare today's MYR to EUR (Malaysian Ringgit to Euro) exchange rates

Malaysia
Latvia
MYR
Interbank Exchange Rate: 1 MYR = 0.2089 EUR
Updated about an hour ago

Found 6 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
208.70 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2087 EUR
(*)(*)(*)(*)(*)
1000 MYR =
208.30 EUR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2083 EUR
(*)(*)(*)(*)(*)
1000 MYR =
206.70 EUR
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2067 EUR
( )( )( )( )( )
1000 MYR =
206.60 EUR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2066 EUR
(*)(*)(*)(*)(*)
1000 MYR =
205.80 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2058 EUR

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MYR =
200.80 EUR
Transfer Limit (MYR): 9.5726 - 47863
Locked-In Rate1 MYR = 0.2008 EUR

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 Latvia. 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 Latvia from Malaysia, we currently have 6 remittance service providers available.

Instarem currently offers the most competitive rate for sending money to Latvia and their 1 MYR to EUR exchange rate today is 0.2087.

The next best Malaysian Ringgit to Euro exchange rate today for money transfers to Latvia is offered by Ria Money Transfer (1 MYR = 0.2083 EUR).

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

Were you looking to send money from Latvia 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 MYR0.21 EUR
5 MYR1.04 EUR
10 MYR2.09 EUR
25 MYR5.22 EUR
50 MYR10.45 EUR
100 MYR20.89 EUR
150 MYR31.34 EUR
200 MYR41.78 EUR
250 MYR52.23 EUR
300 MYR62.67 EUR
400 MYR83.56 EUR
500 MYR104.45 EUR
600 MYR125.34 EUR
700 MYR146.23 EUR
800 MYR167.12 EUR
1,000 MYR208.90 EUR
1,500 MYR313.35 EUR
2,000 MYR417.80 EUR
2,500 MYR522.25 EUR
3,000 MYR626.70 EUR
4,000 MYR835.60 EUR
5,000 MYR1,044.50 EUR
10,000 MYR2,089.00 EUR
15,000 MYR3,133.50 EUR
20,000 MYR4,178.00 EUR
30,000 MYR6,267.00 EUR
40,000 MYR8,356.00 EUR
50,000 MYR10,445.00 EUR
100,000 MYR20,890.00 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 Latvia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Malaysia to Latvia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malaysian Ringgit to EUR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MYR to EUR in Latvia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Latvia from Malaysia. We provide you with maximum choices to send money to Latvia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Malaysia to Latvia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Latvia from Malaysia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MYR to Euro money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Malaysia to Latvia corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.


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

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 Latvia 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 Latvia 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 Latvia through a bank?

Big banks in Malaysia are known to make a lot of money by charging high fees on Latvia money transfers from Malaysia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MYR to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Latvia. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Malaysia to Latvia. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


How to send money to Latvia from Malaysia fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malaysia to Latvia. 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 EUR 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 Latvia. 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 Euro quickly to Latvia, 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 transfer money from Malaysia to Latvia?

The first step in selecting the best money transfer operators for Malaysia to Latvia 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 Latvia.


Step by step guide to do a money transfer from Malaysia to Latvia

There are many important aspects of Malaysia to Latvia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malaysia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Malaysian Ringgit amount you want to send from Malaysia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Latvia to validate that they get the money once the transaction clears.