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

Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates

Malaysia
Marshall Islands
MYR
Interbank Exchange Rate: 1 MYR = 0.2421 USD
Updated about an hour ago

Found 2 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
238.80 USD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2388 USD
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
238.50 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2385 USD

📢 B2B transfers only

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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Marshall Islands. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to US Dollar (USD) 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 Marshall Islands from Malaysia, we currently have 2 remittance service providers available.

Wise currently offers the most competitive rate for sending money to Marshall Islands and their 1 MYR to USD exchange rate today is 0.2388.

The next best Malaysian Ringgit to US Dollar exchange rate today for money transfers to Marshall Islands is offered by Verto (1 MYR = 0.2385 USD).

Were you looking to send money from Marshall Islands 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 USD Conversion Rates

Here are some latest MYR to USD (Malaysian Ringgit to US Dollar) exchange rates for popular conversion amounts*.

1 MYR0.24 USD
5 MYR1.21 USD
10 MYR2.42 USD
25 MYR6.05 USD
50 MYR12.11 USD
100 MYR24.21 USD
150 MYR36.32 USD
200 MYR48.42 USD
250 MYR60.53 USD
300 MYR72.63 USD
400 MYR96.84 USD
500 MYR121.05 USD
600 MYR145.26 USD
700 MYR169.47 USD
800 MYR193.68 USD
1,000 MYR242.10 USD
1,500 MYR363.15 USD
2,000 MYR484.20 USD
2,500 MYR605.25 USD
3,000 MYR726.30 USD
4,000 MYR968.40 USD
5,000 MYR1,210.50 USD
10,000 MYR2,421.00 USD
15,000 MYR3,631.50 USD
20,000 MYR4,842.00 USD
30,000 MYR7,263.00 USD
40,000 MYR9,684.00 USD
50,000 MYR12,105.00 USD
100,000 MYR24,210.00 USD

*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 Marshall Islands money transfers?

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 Marshall Islands. 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 USD.

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 USD in Marshall Islands. 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 Marshall Islands from Malaysia. We provide you with maximum choices to send money to Marshall Islands by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Malaysia to Marshall Islands?

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 Marshall Islands.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Marshall Islands 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 United States Dollar 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 for transferring money to Marshall Islands 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 Marshall Islands 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 United States Dollar 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 Marshall Islands 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 USD remittances.


How to send money to Marshall Islands from Malaysia through a bank?

Big banks in Malaysia are known to make a lot of money by charging high fees on Marshall Islands 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 USD 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 Marshall Islands. 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 Marshall Islands. You work hard for your money, so you should also ensure you get the maximum yield when you send USD overseas.


What is the fastest way to transfer money from Malaysia to Marshall Islands?

The first thing to do when you need to convert MYR to USD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Malaysian Ringgit and United States Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Malaysia to Marshall Islands remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Marshall Islands.


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

Comparing money transfer companies for sending money to Marshall Islands from Malaysia can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Marshall Islands. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malaysian Ringgit to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every Malaysian Ringgit that you send.


Step by step guide to send money to Marshall Islands from Malaysia

The first step to send money to Marshall Islands 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 USD 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 Marshall Islands 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 Marshall Islands!

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 Marshall Islands.