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
Palau
MYR
Interbank Exchange Rate: 1 MYR = 0.2419 USD
Updated about 1 hours ago

Found 2 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
238.50 USD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2385 USD
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
238.20 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2382 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 Palau. 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from Malaysia to Palau.

The best rate to send US Dollar from Malaysian Ringgit to your loved ones in Palau is currently offered by Wise; their 1 MYR to USD exchange rate today is 0.2385.

Verto offers the next most competitive Malaysian Ringgit to US Dollar exchange rate today (currently 1 MYR = 0.2382 USD).

Were you looking to send money from Palau 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 MYR12.10 USD
100 MYR24.19 USD
150 MYR36.29 USD
200 MYR48.38 USD
250 MYR60.48 USD
300 MYR72.57 USD
400 MYR96.76 USD
500 MYR120.95 USD
600 MYR145.14 USD
700 MYR169.33 USD
800 MYR193.52 USD
1,000 MYR241.90 USD
1,500 MYR362.85 USD
2,000 MYR483.80 USD
2,500 MYR604.75 USD
3,000 MYR725.70 USD
4,000 MYR967.60 USD
5,000 MYR1,209.50 USD
10,000 MYR2,419.00 USD
15,000 MYR3,628.50 USD
20,000 MYR4,838.00 USD
30,000 MYR7,257.00 USD
40,000 MYR9,676.00 USD
50,000 MYR12,095.00 USD
100,000 MYR24,190.00 USD

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


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

It can be very confusing when sending money from Malaysia to Palau given so many choices. Additionally, Malaysian Ringgit to USD 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 Palau 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 Palau 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 United States Dollar remittances.


How to get the best exchange rate for your money transfers from Malaysia to Palau?

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 Palau 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 United States Dollar 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 United States Dollar 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 Palau?

Finding the cheapest way to send money from Malaysia to Palau 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 USD 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 Palau 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.


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

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


How to send money from Malaysia to Palau fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malaysia to Palau. 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 USD 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 Palau. 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 United States Dollar quickly to Palau, 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 Palau?

The first step in selecting the best money transfer operators for Malaysia to Palau 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 United States Dollar 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 Palau.


Step by step guide to send money from Malaysia to Palau

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 Palau, 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 Palau 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 Palau where they can receive monies in United States Dollar.
  • 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.