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

Compare today's MYR to RON (Malaysian Ringgit to Romanian Leu) exchange rates

Malaysia
Romania
MYR
Interbank Exchange Rate: 1 MYR = 1.0582 RON
Updated about an hour ago

Found 3 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MYR =
1 045.30 RON
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 1.0453 RON
(*)(*)(*)(*)(*)
1000 MYR =
1 044.70 RON
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 1.0447 RON
(*)(*)(*)(*)(*)
1000 MYR =
1 042.30 RON
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 1.0423 RON

📢 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 Romanian Leu money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Romania. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Romanian Leu (RON) 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 Romania from Malaysia, we currently have 3 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Romania and their 1 MYR to RON exchange rate today is 1.0453.

The next best Malaysian Ringgit to Romanian Leu exchange rate today for money transfers to Romania is offered by Wise (1 MYR = 1.0447 RON).

Were you looking to send money from Romania 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 RON Conversion Rates

Here are some latest MYR to RON (Malaysian Ringgit to Romanian Leu) exchange rates for popular conversion amounts*.

1 MYR1.06 RON
5 MYR5.29 RON
10 MYR10.58 RON
25 MYR26.46 RON
50 MYR52.91 RON
100 MYR105.82 RON
150 MYR158.73 RON
200 MYR211.64 RON
250 MYR264.55 RON
300 MYR317.46 RON
400 MYR423.28 RON
500 MYR529.10 RON
600 MYR634.92 RON
700 MYR740.74 RON
800 MYR846.56 RON
1,000 MYR1,058.20 RON
1,500 MYR1,587.30 RON
2,000 MYR2,116.40 RON
2,500 MYR2,645.50 RON
3,000 MYR3,174.60 RON
4,000 MYR4,232.80 RON
5,000 MYR5,291.00 RON
10,000 MYR10,582.00 RON
15,000 MYR15,873.00 RON
20,000 MYR21,164.00 RON
30,000 MYR31,746.00 RON
40,000 MYR42,328.00 RON
50,000 MYR52,910.00 RON
100,000 MYR105,820.00 RON

*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 Romania?

Sending money internationally to Romania from Malaysia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malaysian Ringgit to RON remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Romania. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Romanian Leu.


How to get the best rate to transfer money to Romania from Malaysia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Romania from Malaysia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MYR to Romanian Leu remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MYR to RON remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Malaysia to Romania?

When you want to send money to Romania from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Romanian Leu. 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 RON 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 Romania. 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 Romania 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 Romanian Leu overseas.


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

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 Romania 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 RON transfers.

Given this, there are umpteen additional options to send money to Romania 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 Romania gets the maximum amount.


What is the fastest way to transfer money from Malaysia to Romania?

It could be a stressful experience if you need to rush money quickly from Malaysia to Romania. 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 RON. 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 Romanian Leu. 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 Romania money transfers.


Which are the best money transfer companies to transfer money to Romania from Malaysia?

Comparing money transfer companies for sending money to Romania 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 Romania. 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 Romanian Leu 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 Romanian Leu yield on every Malaysian Ringgit that you send.


Step by step guide to transfer money to Romania from Malaysia

Follow the below easy steps to send money to Romania 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 Romania).
  • 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.

The provider will then work on your MYR to RON remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.