Send money overseas with WorldRemit to take advantage of bank-beating exchange rates
Malaysia
South Korea
MYR

📈 Malaysia to South Korea Money Transfer Snapshot Today

  • Best MYR to KRW exchange rate today: KRW 371.5034, offered by Instarem
  • Number of money transfer providers compared: 3
  • Exchange rate range: KRW 371.5034 to KRW 365.1910
  • Potential savings on MYR 1000: KRW 6,312.40
  • Number of deals and promo codes: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real MYR to KRW exchange rate before providers add their margin or fees. exchange rate: 1 MYR = KRW 372.4732 (Updated about an hour ago)

See detailed Malaysia to South Korea money transfer comparison below.

Malaysia to South Korea money transfer providers that matched the search criteria

INSTAREM
Read more about Instarem
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
371 503.40 KRW
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 371.5034 KRW
RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
368 720.00 KRW
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 368.7200 KRW
TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MYR =
365 191.00 KRW
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 365.1910 KRW

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.





💡What these rates mean for sending money to South Korea from Malaysia today

Compare top-rated money transfer providers to find the best way to remit money to South Korea from Malaysia. Check today's MYR to KRW exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 3 providers for Malaysia to South Korea money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to South Korea from Malaysia

🥇 Instarem with 1 MYR = 371.5034 KRW (best MYR to KRW exchange rate today).

🥈 Ria Money Transfer offering 1 MYR = 368.7200 KRW.

🥉 Wise is also pricing MYR-KRW competitively today.

The 3 providers compared today offer exchange rates from KRW 365.1910 to KRW 371.5034. On a MYR 1000 transfer from Malaysia to South Korea, that spread means up to KRW 6,312.40 in potential savings — simply by choosing the right provider.

Malaysian Ringgit to South Korean Won exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much KRW your recipient receives in South Korea.

Compare the providers above to maximize every MYR you send to South Korea. The best Malaysian Ringgit to South Korean Won transfer rate changes daily, so comparing today matters.


🔄 Looking for the reverse corridor? Send money from South Korea to Malaysia instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Malaysia.



Latest Exchange Rates for Sending Money to South Korea from Malaysia

Here are some latest MYR to KRW (Malaysian Ringgit to South Korean Won) exchange rates for popular conversion amounts*.

1 MYR372.47 KRW
5 MYR1,862.37 KRW
10 MYR3,724.73 KRW
25 MYR9,311.83 KRW
50 MYR18,623.66 KRW
100 MYR37,247.32 KRW
150 MYR55,870.98 KRW
200 MYR74,494.64 KRW
250 MYR93,118.30 KRW
300 MYR111,741.96 KRW
400 MYR148,989.28 KRW
500 MYR186,236.60 KRW
600 MYR223,483.92 KRW
700 MYR260,731.24 KRW
800 MYR297,978.56 KRW
1000 MYR372,473.20 KRW
1500 MYR558,709.80 KRW
2000 MYR744,946.40 KRW
2500 MYR931,183.00 KRW
3000 MYR1,117,419.60 KRW
4000 MYR1,489,892.80 KRW
5000 MYR1,862,366.00 KRW
10000 MYR3,724,732.00 KRW
15000 MYR5,587,098.00 KRW
20000 MYR7,449,464.00 KRW
30000 MYR11,174,196.00 KRW
40000 MYR14,898,928.00 KRW
50000 MYR18,623,660.00 KRW
100000 MYR37,247,320.00 KRW

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real MYR to KRW exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to transfer money from Malaysia to South Korea?

There are many good choices when it comes to sending money from Malaysia to South Korea. With RemitFinder, you can easily compare numerous providers to get the best remit rates on your Malaysian Ringgit to KRW money transfers.

We compare different remittance companies to bring you the best options to send money to South Korea from Malaysia. These trusted partners offer you their best MYR to KRW exchange rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promo codes; these help you further maximize the yield on your Malaysian Ringgit to South Korean Won money transfers.


How to get the best MYR to KRW exchange rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your MYR to South Korean Won money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Malaysia to South Korea.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for MYR to KRW remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way for sending money to South Korea from Malaysia?

One key areas to watch out for is hidden fees when sending money to South Korea from Malaysia. For instance, if you send money to South Korea using your bank, you will pay high fees. You may also not get the best exchange rate on your South Korean Won FX transaction.

RemitFinder partners with many money transfer companies to ensure you get the best MYR to South Korea exchange rate. The more choices you have, the better it is.

Our partners also provide our customers with many exclusive offers and promo codes which further reduce your cost to send money to South Korea from Malaysia.


Should I use my bank to transfer money from Malaysia to South Korea?

There are two major ways that banks in Malaysia make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low MYR to KRW exchange rate.

One simple way to maximizing your payout is by minimizing the fees on Malaysia to South Korea money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to South Korea from Malaysia. You do this by funding your transfer with your bank account in Malaysia, and by paying your recipient in their bank account in South Korea. But you are likely to get much better rates and lower fees compared to your bank.


How to send money from Malaysia to South Korea fast?

The speed of your Malaysian Ringgit to South Korean Won funds transfer will depend on various factors - provider you use, how you fund your transaction and how you pay your recipient. Compare providers to find the best fit.

Our comprehensive guide on remittances can help you understand important factors to convert from MYR to KRW. This will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

For example, to send money fast to South Korea from Malaysia, you could use cash as payment and delivery method. But you need to go to physical locations, and there is risk involved in carrying cash.

Another fast way is to send KRW into a mobile wallet, or do a mobile airtime top up. These methods are faster than Malaysia bank to South Korea bank transfer.


Which are the best money transfer companies to remit money to South Korea from Malaysia?

The definition of "best" is personal to everyone. It may even vary from one Malaysia to South Korea transfer to the next.

When comparing providers, check for factors like the best Malaysian Ringgit to South Korean Won exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.

By doing this, you can assess which providers fit your need for KRW money transfer to South Korea.

Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in South Korea will get more money for every Malaysian Ringgit you send.


Step by step guide to do a money transfer from Malaysia to South Korea

A key determinant of Malaysia to South Korea remittance yield is the money transfer company you choose. Use RemitFinder to compare global providers in an easy to understand view.

Once you chosen the company you want to go with, follows the below steps to execute your transfer.

  • Create an account with the chosen provider. Provider identification documents and personal information; the provider needs this to ensure that you are a genuine person and comply with regulations.
  • Add your payment method - Malaysia bank account, Credit or Debit Card, or even cash (if supported).
  • Choose a delivery method - KRW bank deposit, cash pick, mobile wallet credit, etc.
  • Add recipient details including name and address.
  • Decide how much Malaysian Ringgit amount you want to send from Malaysia.
  • Optionally, look for deals or promotions. You can rely on RemitFinder to look for these. Discounts help you save even more, so be sure to use one if available.
  • Validate all the information for accuracy and start your transaction.

From this point on, the provider will work on your transfer and keep you posted on the progress. Be sure to check with your recipient in South Korea to validate that they get the money once the transaction clears.