Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates
Interbank Exchange Rate: 1 MYR = 0.2421 USD
Updated about 1 hours ago
Found 4 Remittance Service Providers
1000 MYR =
241.30 USD
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2413 USD
1000 MYR =
238.80 USD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2388 USD
1000 MYR =
238.50 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2385 USD
📢 B2B transfers only
1000 MYR =
237.20 USD
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2372 USD
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 US Dollar money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Puerto Rico. 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 4 money transfer operators to get you the best FX rates to send money from Malaysia to Puerto Rico.
The best rate to send US Dollar from Malaysian Ringgit to your loved ones in Puerto Rico is currently offered by Ria Money Transfer; their 1 MYR to USD exchange rate today is 0.2413.
Wise offers the next most competitive Malaysian Ringgit to US Dollar exchange rate today (currently 1 MYR = 0.2388 USD).
Two other competitive providers for sending money from Malaysia to Puerto Rico are Verto and MoneyMatch.
Were you looking to send money from Puerto Rico 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 MYR | 0.24 USD |
| 5 MYR | 1.21 USD |
| 10 MYR | 2.42 USD |
| 25 MYR | 6.05 USD |
| 50 MYR | 12.11 USD |
| 100 MYR | 24.21 USD |
| 150 MYR | 36.32 USD |
| 200 MYR | 48.42 USD |
| 250 MYR | 60.53 USD |
| 300 MYR | 72.63 USD |
| 400 MYR | 96.84 USD |
| 500 MYR | 121.05 USD |
| 600 MYR | 145.26 USD |
| 700 MYR | 169.47 USD |
| 800 MYR | 193.68 USD |
| 1,000 MYR | 242.10 USD |
| 1,500 MYR | 363.15 USD |
| 2,000 MYR | 484.20 USD |
| 2,500 MYR | 605.25 USD |
| 3,000 MYR | 726.30 USD |
| 4,000 MYR | 968.40 USD |
| 5,000 MYR | 1,210.50 USD |
| 10,000 MYR | 2,421.00 USD |
| 15,000 MYR | 3,631.50 USD |
| 20,000 MYR | 4,842.00 USD |
| 30,000 MYR | 7,263.00 USD |
| 40,000 MYR | 9,684.00 USD |
| 50,000 MYR | 12,105.00 USD |
| 100,000 MYR | 24,210.00 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 Puerto Rico money transfers?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to USD 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 Puerto Rico 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 USD 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 exchange rate for sending money from Malaysia to Puerto Rico?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Puerto Rico from Malaysia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your MYR to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Malaysia to Puerto Rico corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Malaysia to Puerto Rico?
One of the most important things to watch out for is hidden fees when sending money to Puerto Rico from Malaysia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Puerto Rico using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Puerto Rico exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Puerto Rico from Malaysia.
Should I use my bank to transfer money from Malaysia to Puerto Rico?
Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Puerto Rico. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MYR to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Malaysia bank for your Puerto Rico money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to transfer money from Malaysia to Puerto Rico?
It could be a stressful experience if you need to rush money quickly from Malaysia to Puerto Rico. 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 USD. 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 United States Dollar. 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 Puerto Rico money transfers.
Which are the best money transfer companies to send money from Malaysia to Puerto Rico?
Comparing money transfer companies for sending money to Puerto Rico 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 Puerto Rico. 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 do a money transfer from Malaysia to Puerto Rico
There are many important aspects of Malaysia to Puerto Rico 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 USD 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.