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Compare today's MYR to SAR (Malaysian Ringgit to Saudi Riyal) exchange rates

Malaysia
Saudi Arabia
MYR
Interbank Exchange Rate: 1 MYR = 0.9130 SAR
Updated about an hour ago

Found 3 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
907.20 SAR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.9072 SAR
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
899.30 SAR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.8993 SAR

📢 B2B transfers only
MONEYMATCH
Read more about MoneyMatch
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 MYR =
892.90 SAR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.8929 SAR
Get MYR 8 off on 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 Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Malaysia to Saudi Arabia. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Saudi Riyal (SAR) 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 3 money transfer operators to get you the best FX rates to send money from Malaysia to Saudi Arabia.

The best rate to send Saudi Riyal from Malaysian Ringgit to your loved ones in Saudi Arabia is currently offered by Ria Money Transfer; their 1 MYR to SAR exchange rate today is 0.9072.

Verto offers the next most competitive Malaysian Ringgit to Saudi Riyal exchange rate today (currently 1 MYR = 0.8993 SAR).

Were you looking to send money from Saudi Arabia 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 SAR Conversion Rates

Here are some latest MYR to SAR (Malaysian Ringgit to Saudi Riyal) exchange rates for popular conversion amounts*.

1 MYR0.91 SAR
5 MYR4.57 SAR
10 MYR9.13 SAR
25 MYR22.83 SAR
50 MYR45.65 SAR
100 MYR91.30 SAR
150 MYR136.95 SAR
200 MYR182.60 SAR
250 MYR228.25 SAR
300 MYR273.90 SAR
400 MYR365.20 SAR
500 MYR456.50 SAR
600 MYR547.80 SAR
700 MYR639.10 SAR
800 MYR730.40 SAR
1,000 MYR913.00 SAR
1,500 MYR1,369.50 SAR
2,000 MYR1,826.00 SAR
2,500 MYR2,282.50 SAR
3,000 MYR2,739.00 SAR
4,000 MYR3,652.00 SAR
5,000 MYR4,565.00 SAR
10,000 MYR9,130.00 SAR
15,000 MYR13,695.00 SAR
20,000 MYR18,260.00 SAR
30,000 MYR27,390.00 SAR
40,000 MYR36,520.00 SAR
50,000 MYR45,650.00 SAR
100,000 MYR91,300.00 SAR

*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 Saudi Arabia?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to SAR 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 Saudi Arabia 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 SAR 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 Saudi Arabia?

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 Saudi Arabia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Saudi Arabia 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 Saudi Riyal 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 for transferring money to Saudi Arabia from Malaysia?

When you want to send money to Saudi Arabia from Malaysia, you obviously want the cheapest possible option to maximize the money your recipient gets in Saudi Riyal. 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 SAR 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 Saudi Arabia. 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 Saudi Arabia 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 Saudi Riyal overseas.


Should I use my bank to transfer money from Malaysia to Saudi Arabia?

We do not recommend using your local bank in Malaysia for your next MYR to SAR 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 Saudi Arabia (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 SAR to Saudi Arabia. These companies will let you use your local bank account in Malaysia to pay for your Saudi Arabia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Saudi Arabia from Malaysia fast?

If you need to convert MYR to SAR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Malaysia to Saudi Arabia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malaysian Ringgit to Saudi Riyal funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Saudi Arabia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Saudi Arabia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Malaysia to Saudi Arabia?

Since the Malaysian Ringgit to Saudi Riyal 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 Saudi Arabia. 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 SAR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Saudi Arabia 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 Saudi Arabia transaction.


Step by step guide to send money to Saudi Arabia from Malaysia

The first step to send money to Saudi Arabia from Malaysia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MYR to SAR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Saudi Arabia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Malaysia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Saudi Arabia!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Malaysia to Saudi Arabia.