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

Compare today's MYR to MOP (Malaysian Ringgit to Macanese Pataca) exchange rates

Malaysia
Macao
MYR
Interbank Exchange Rate: 1 MYR = 1.9373 MOP
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
1 890.00 MOP
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 1.8900 MOP

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 Macanese Pataca money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Macao. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Macanese Pataca (MOP) 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 Macao from Malaysia, we currently have 1 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Macao and their 1 MYR to MOP exchange rate today is 1.8900.

Were you looking to send money from Macao 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 MOP Conversion Rates

Here are some latest MYR to MOP (Malaysian Ringgit to Macanese Pataca) exchange rates for popular conversion amounts*.

1 MYR1.94 MOP
5 MYR9.69 MOP
10 MYR19.37 MOP
25 MYR48.43 MOP
50 MYR96.87 MOP
100 MYR193.73 MOP
150 MYR290.60 MOP
200 MYR387.46 MOP
250 MYR484.33 MOP
300 MYR581.19 MOP
400 MYR774.92 MOP
500 MYR968.65 MOP
600 MYR1,162.38 MOP
700 MYR1,356.11 MOP
800 MYR1,549.84 MOP
1,000 MYR1,937.30 MOP
1,500 MYR2,905.95 MOP
2,000 MYR3,874.60 MOP
2,500 MYR4,843.25 MOP
3,000 MYR5,811.90 MOP
4,000 MYR7,749.20 MOP
5,000 MYR9,686.50 MOP
10,000 MYR19,373.00 MOP
15,000 MYR29,059.50 MOP
20,000 MYR38,746.00 MOP
30,000 MYR58,119.00 MOP
40,000 MYR77,492.00 MOP
50,000 MYR96,865.00 MOP
100,000 MYR193,730.00 MOP

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


What's the best way to transfer money from Malaysia to Macao?

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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Macao 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 Macanese Pataca 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 Macao corridor to give you more good choices for your next MOP money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Macao from Malaysia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malaysia to Macao via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Malaysian Ringgit to Macanese Pataca remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malaysia to Macao exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MYR to MOP remittances.


Should I use my bank to send money from Malaysia to Macao?

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Macao. 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 MOP 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 Macao 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.


How to send money from Malaysia to Macao fast?

It could be a stressful experience if you need to rush money quickly from Malaysia to Macao. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MYR to MOP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Macanese Pataca. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Malaysia to Macao money transfers.


Which are the best money transfer companies to transfer money to Macao from Malaysia?

Since the Malaysian Ringgit to Macanese Pataca 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 Macao. 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 MOP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Macao 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 Macao transaction.


Step by step guide to transfer money to Macao from Malaysia

The first step to send money to Macao 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 MOP 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 Macao 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 Macao!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Malaysia to Macao.