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

Compare today's MYR to MMK (Malaysian Ringgit to Myanmar Kyat) exchange rates

Malaysia
Myanmar (Burma)
MYR
Interbank Exchange Rate: 1 MYR = 508.1559 MMK
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
978 000.00 MMK
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 978.0000 MMK
( )( )( )( )( )
1000 MYR =
965 786.60 MMK
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 965.7866 MMK

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 Myanmar Kyat money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Myanmar (Burma). Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Myanmar Kyat (MMK) 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 Myanmar (Burma) from Malaysia, we currently have 2 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Myanmar (Burma) and their 1 MYR to MMK exchange rate today is 978.0000.

The next best Malaysian Ringgit to Myanmar Kyat exchange rate today for money transfers to Myanmar (Burma) is offered by MoneyMatch (1 MYR = 965.7866 MMK).

Were you looking to send money from Myanmar (Burma) 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 MMK Conversion Rates

Here are some latest MYR to MMK (Malaysian Ringgit to Myanmar Kyat) exchange rates for popular conversion amounts*.

1 MYR508.16 MMK
5 MYR2,540.78 MMK
10 MYR5,081.56 MMK
25 MYR12,703.90 MMK
50 MYR25,407.80 MMK
100 MYR50,815.59 MMK
150 MYR76,223.39 MMK
200 MYR101,631.18 MMK
250 MYR127,038.97 MMK
300 MYR152,446.77 MMK
400 MYR203,262.36 MMK
500 MYR254,077.95 MMK
600 MYR304,893.54 MMK
700 MYR355,709.13 MMK
800 MYR406,524.72 MMK
1,000 MYR508,155.90 MMK
1,500 MYR762,233.85 MMK
2,000 MYR1,016,311.80 MMK
2,500 MYR1,270,389.75 MMK
3,000 MYR1,524,467.70 MMK
4,000 MYR2,032,623.60 MMK
5,000 MYR2,540,779.50 MMK
10,000 MYR5,081,559.00 MMK
15,000 MYR7,622,338.50 MMK
20,000 MYR10,163,118.00 MMK
30,000 MYR15,244,677.00 MMK
40,000 MYR20,326,236.00 MMK
50,000 MYR25,407,795.00 MMK
100,000 MYR50,815,590.00 MMK

*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 Myanmar (Burma) money transfers?

It can be very confusing when sending money from Malaysia to Myanmar (Burma) given so many choices. Additionally, Malaysian Ringgit to MMK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Malaysia to Myanmar (Burma) as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Myanmar (Burma) from Malaysia. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Malaysian Ringgit to Myanmar Kyat remittances.


How to get the best exchange rate for your money transfers from Malaysia to Myanmar (Burma)?

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 Myanmar (Burma).

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Myanmar (Burma) 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 Myanmar Kyat 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 transfer money from Malaysia to Myanmar (Burma)?

Finding the cheapest way to send money from Malaysia to Myanmar (Burma) might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MYR to MMK via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Malaysia to Myanmar (Burma) exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Myanmar (Burma) from Malaysia through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Malaysia to Myanmar (Burma) money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MYR to MMK transfers.

Given this, there are umpteen additional options to send money to Myanmar (Burma) instead of just your Malaysia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malaysian Ringgit even more so that your recipient in Myanmar (Burma) gets the maximum amount.


What is the fastest way to do a money transfer to Myanmar (Burma) from Malaysia?

If you need to convert MYR to MMK as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Malaysia to Myanmar (Burma) could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malaysian Ringgit to Myanmar Kyat funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Myanmar (Burma).

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Myanmar (Burma). Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Myanmar (Burma) from Malaysia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Malaysia to Myanmar (Burma), we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Malaysian Ringgit to Myanmar Kyat exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MMK money transfers to Myanmar (Burma). Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Myanmar (Burma) getting more money for every Malaysian Ringgit you send.


Step by step guide to send money from Malaysia to Myanmar (Burma)

The first step to send money to Myanmar (Burma) 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 MMK 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 Myanmar (Burma) 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 Myanmar (Burma)!

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 Myanmar (Burma).