Compare today's MYR to EUR (Malaysian Ringgit to Euro) exchange rates
Interbank Exchange Rate: 1 MYR = 0.2088 EUR
Updated about an hour ago
Found 6 Remittance Service Providers
1000 MYR =
209.40 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2094 EUR
1000 MYR =
209.00 EUR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2090 EUR
1000 MYR =
207.50 EUR
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2075 EUR
1000 MYR =
206.80 EUR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2068 EUR
1000 MYR =
206.70 EUR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2067 EUR
📢 B2B transfers only
1000 MYR =
201.80 EUR
Transfer Limit (MYR): 9.5374 - 47687
Locked-In Rate1 MYR = 0.2018 EUR
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 Euro money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Portugal. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Euro (EUR) 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 Portugal from Malaysia, we currently have 6 remittance service providers available.
Instarem currently offers the most competitive rate for sending money to Portugal and their 1 MYR to EUR exchange rate today is 0.2094.
The next best Malaysian Ringgit to Euro exchange rate today for money transfers to Portugal is offered by Ria Money Transfer (1 MYR = 0.2090 EUR).
Wise and MoneyMatch are amongst other competitive providers to consider for Malaysia to Portugal money transfers.
Were you looking to send money from Portugal 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 EUR Conversion Rates
Here are some latest MYR to EUR (Malaysian Ringgit to Euro) exchange rates for popular conversion amounts*.
| 1 MYR | 0.21 EUR |
| 5 MYR | 1.04 EUR |
| 10 MYR | 2.09 EUR |
| 25 MYR | 5.22 EUR |
| 50 MYR | 10.44 EUR |
| 100 MYR | 20.88 EUR |
| 150 MYR | 31.32 EUR |
| 200 MYR | 41.76 EUR |
| 250 MYR | 52.20 EUR |
| 300 MYR | 62.64 EUR |
| 400 MYR | 83.52 EUR |
| 500 MYR | 104.40 EUR |
| 600 MYR | 125.28 EUR |
| 700 MYR | 146.16 EUR |
| 800 MYR | 167.04 EUR |
| 1,000 MYR | 208.80 EUR |
| 1,500 MYR | 313.20 EUR |
| 2,000 MYR | 417.60 EUR |
| 2,500 MYR | 522.00 EUR |
| 3,000 MYR | 626.40 EUR |
| 4,000 MYR | 835.20 EUR |
| 5,000 MYR | 1,044.00 EUR |
| 10,000 MYR | 2,088.00 EUR |
| 15,000 MYR | 3,132.00 EUR |
| 20,000 MYR | 4,176.00 EUR |
| 30,000 MYR | 6,264.00 EUR |
| 40,000 MYR | 8,352.00 EUR |
| 50,000 MYR | 10,440.00 EUR |
| 100,000 MYR | 20,880.00 EUR |
*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 Portugal money transfers?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to EUR 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 Portugal 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 EUR 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 remit rate for transferring money from Malaysia to Portugal?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MYR to Euro money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malaysia to Portugal. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MYR to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Portugal from Malaysia?
When you want to send money to Portugal from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 EUR 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 Portugal. 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 Portugal 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 Euro overseas.
How to send money to Portugal from Malaysia through a bank?
We do not recommend using your local bank in Malaysia for your next MYR to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Malaysia to Portugal (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Portugal. These companies will let you use your local bank account in Malaysia to pay for your Portugal money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to transfer money from Malaysia to Portugal?
It could be a stressful experience if you need to rush money quickly from Malaysia to Portugal. 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 EUR. 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 Euro. 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 Portugal money transfers.
Which are the best money transfer companies to send money to Portugal from Malaysia?
The first step in selecting the best money transfer operators for Malaysia to Portugal 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 Euro 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 Portugal.
Step by step guide to do a money transfer from Malaysia to Portugal
There are many important aspects of Malaysia to Portugal remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malaysia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Malaysian Ringgit amount you want to send from Malaysia.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.