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

Compare today's MYR to RWF (Malaysian Ringgit to Rwandan Franc) exchange rates

Malaysia
Rwanda
MYR
Interbank Exchange Rate: 1 MYR = 351.7196 RWF
Updated about an hour ago

Found 2 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
341 570.00 RWF
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 341.5700 RWF
WORLDREMIT
Read more about WorldRemit
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 MYR =
341 314.30 RWF
Transfer Limit (MYR): No Limits
Locked-In Rate1 MYR = 341.3143 RWF
Get 3 free transfers

📢 Special exchange rate applied for first transfer

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 Rwandan Franc money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Rwanda. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Rwandan Franc (RWF) 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 Rwanda from Malaysia, we currently have 2 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Rwanda and their 1 MYR to RWF exchange rate today is 341.5700.

The next best Malaysian Ringgit to Rwandan Franc exchange rate today for money transfers to Rwanda is offered by WorldRemit (1 MYR = 341.3143 RWF).

Were you looking to send money from Rwanda 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 RWF Conversion Rates

Here are some latest MYR to RWF (Malaysian Ringgit to Rwandan Franc) exchange rates for popular conversion amounts*.

1 MYR351.72 RWF
5 MYR1,758.60 RWF
10 MYR3,517.20 RWF
25 MYR8,792.99 RWF
50 MYR17,585.98 RWF
100 MYR35,171.96 RWF
150 MYR52,757.94 RWF
200 MYR70,343.92 RWF
250 MYR87,929.90 RWF
300 MYR105,515.88 RWF
400 MYR140,687.84 RWF
500 MYR175,859.80 RWF
600 MYR211,031.76 RWF
700 MYR246,203.72 RWF
800 MYR281,375.68 RWF
1,000 MYR351,719.60 RWF
1,500 MYR527,579.40 RWF
2,000 MYR703,439.20 RWF
2,500 MYR879,299.00 RWF
3,000 MYR1,055,158.80 RWF
4,000 MYR1,406,878.40 RWF
5,000 MYR1,758,598.00 RWF
10,000 MYR3,517,196.00 RWF
15,000 MYR5,275,794.00 RWF
20,000 MYR7,034,392.00 RWF
30,000 MYR10,551,588.00 RWF
40,000 MYR14,068,784.00 RWF
50,000 MYR17,585,980.00 RWF
100,000 MYR35,171,960.00 RWF

*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 to Rwanda from Malaysia?

It can be very confusing when sending money from Malaysia to Rwanda given so many choices. Additionally, Malaysian Ringgit to RWF 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 Rwanda 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 Rwanda 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 Rwandan Franc remittances.


How to get the best remit rate for transferring money from Malaysia to Rwanda?

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 Rwanda 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 Rwandan Franc 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 Rwandan Franc 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 send money from Malaysia to Rwanda?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malaysia to Rwanda via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Malaysian Ringgit to Rwandan Franc remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malaysia to Rwanda exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MYR to RWF remittances.


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

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 Rwanda 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 RWF transfers.

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


What is the fastest way to do a money transfer to Rwanda from Malaysia?

The first thing to do when you need to convert MYR to RWF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Malaysian Ringgit and Rwandan Franc. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Malaysia to Rwanda remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Rwanda.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Malaysia to Rwanda, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Malaysian Ringgit to Rwandan Franc exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your RWF money transfers to Rwanda. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Rwanda getting more money for every Malaysian Ringgit you send.


Step by step guide to do a money transfer from Malaysia to Rwanda

With so many possible ways to transfer Malaysian Ringgit to Rwandan Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Malaysia to Rwanda remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malaysia and the receiver in Rwanda. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MYR to Rwandan Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.