Compare today's MYR to PEN (Malaysian Ringgit to Peruvian Nuevo Sol) exchange rates
Interbank Exchange Rate: 1 MYR = 0.8145 PEN
Updated about an hour ago
Found 2 Remittance Service Providers
1000 MYR =
814.40 PEN
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.8144 PEN
1000 MYR =
812.70 PEN
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.8127 PEN
0 Remit Service Providers did not match the search criteria.
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 Peruvian Nuevo Sol money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Peru. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Peruvian Nuevo Sol (PEN) 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 Peru from Malaysia, we currently have 2 remittance service providers available.
Ria Money Transfer currently offers the most competitive rate for sending money to Peru and their 1 MYR to PEN exchange rate today is 0.8144.
The next best Malaysian Ringgit to Peruvian Nuevo Sol exchange rate today for money transfers to Peru is offered by Instarem (1 MYR = 0.8127 PEN).
Were you looking to send money from Peru 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 PEN Conversion Rates
Here are some latest MYR to PEN (Malaysian Ringgit to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.
| 1 MYR | 0.81 PEN |
| 5 MYR | 4.07 PEN |
| 10 MYR | 8.15 PEN |
| 25 MYR | 20.36 PEN |
| 50 MYR | 40.73 PEN |
| 100 MYR | 81.45 PEN |
| 150 MYR | 122.18 PEN |
| 200 MYR | 162.90 PEN |
| 250 MYR | 203.63 PEN |
| 300 MYR | 244.35 PEN |
| 400 MYR | 325.80 PEN |
| 500 MYR | 407.25 PEN |
| 600 MYR | 488.70 PEN |
| 700 MYR | 570.15 PEN |
| 800 MYR | 651.60 PEN |
| 1,000 MYR | 814.50 PEN |
| 1,500 MYR | 1,221.75 PEN |
| 2,000 MYR | 1,629.00 PEN |
| 2,500 MYR | 2,036.25 PEN |
| 3,000 MYR | 2,443.50 PEN |
| 4,000 MYR | 3,258.00 PEN |
| 5,000 MYR | 4,072.50 PEN |
| 10,000 MYR | 8,145.00 PEN |
| 15,000 MYR | 12,217.50 PEN |
| 20,000 MYR | 16,290.00 PEN |
| 30,000 MYR | 24,435.00 PEN |
| 40,000 MYR | 32,580.00 PEN |
| 50,000 MYR | 40,725.00 PEN |
| 100,000 MYR | 81,450.00 PEN |
*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 Peru?
There are many good choices when it comes to sending money from Malaysia to Peru. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malaysian Ringgit to PEN money transfers.We compare different remittance companies to bring you the best options to send money to Peru from Malaysia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malaysian Ringgit to Peruvian Nuevo Sol money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for sending money from Malaysia to Peru?
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 Peru.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Peru 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 Peruvian Nuevo Sol 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 send money from Malaysia to Peru?
When you want to send money to Peru from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Peruvian Nuevo Sol. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MYR to PEN money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Malaysia to Peru. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Malaysia to Peru exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Peruvian Nuevo Sol overseas.
How to send money from Malaysia to Peru through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MYR to PEN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Malaysia to Peru money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Peru from Malaysia. They do this by letting you fund your transaction through your local bank account in Malaysia, and by allowing you to choose the payout to be your recipient's bank account in Peru. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Malaysia to Peru?
It could be a stressful experience if you need to rush money quickly from Malaysia to Peru. 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 PEN. 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 Peruvian Nuevo Sol. 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 Peru money transfers.
Which are the best money transfer companies to send money from Malaysia to Peru?
Since the Malaysian Ringgit to Peruvian Nuevo Sol 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 Peru. 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 PEN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Peru 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 Peru transaction.
Step by step guide to send money from Malaysia to Peru
Follow the below easy steps to send money to Peru from Malaysia.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Malaysia bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Peru).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.