Compare today's MYR to LKR (Malaysian Ringgit to Sri Lankan Rupee) exchange rates
Interbank Exchange Rate: 1 MYR = 74.4682 LKR
Updated about an hour ago
Found 6 Remittance Service Providers
1000 MYR =
74 408.00 LKR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 74.4080 LKR
1000 MYR =
74 200.00 LKR
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 74.2000 LKR
1000 MYR =
73 931.30 LKR
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 73.9313 LKR
1000 MYR =
73 351.20 LKR
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 73.3512 LKR
📢 B2B transfers only
1000 MYR =
72 985.50 LKR
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 72.9855 LKR
1000 MYR =
71 583.10 LKR
Transfer Limit (MYR): 9.5618 - 47809
Locked-In Rate1 MYR = 71.5831 LKR
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 Sri Lankan Rupee money transfers
Easily compare money transfer providers in one place to send money from Malaysia to Sri Lanka. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to Sri Lankan Rupee (LKR) 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 6 money transfer operators to get you the best FX rates to send money from Malaysia to Sri Lanka.
The best rate to send Sri Lankan Rupee from Malaysian Ringgit to your loved ones in Sri Lanka is currently offered by Instarem; their 1 MYR to LKR exchange rate today is 74.4080.
Ria Money Transfer offers the next most competitive Malaysian Ringgit to Sri Lankan Rupee exchange rate today (currently 1 MYR = 74.2000 LKR).
Two other competitive providers for sending money from Malaysia to Sri Lanka are MoneyMatch and Verto.
Were you looking to send money from Sri Lanka 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 LKR Conversion Rates
Here are some latest MYR to LKR (Malaysian Ringgit to Sri Lankan Rupee) exchange rates for popular conversion amounts*.
| 1 MYR | 74.47 LKR |
| 5 MYR | 372.34 LKR |
| 10 MYR | 744.68 LKR |
| 25 MYR | 1,861.71 LKR |
| 50 MYR | 3,723.41 LKR |
| 100 MYR | 7,446.82 LKR |
| 150 MYR | 11,170.23 LKR |
| 200 MYR | 14,893.64 LKR |
| 250 MYR | 18,617.05 LKR |
| 300 MYR | 22,340.46 LKR |
| 400 MYR | 29,787.28 LKR |
| 500 MYR | 37,234.10 LKR |
| 600 MYR | 44,680.92 LKR |
| 700 MYR | 52,127.74 LKR |
| 800 MYR | 59,574.56 LKR |
| 1,000 MYR | 74,468.20 LKR |
| 1,500 MYR | 111,702.30 LKR |
| 2,000 MYR | 148,936.40 LKR |
| 2,500 MYR | 186,170.50 LKR |
| 3,000 MYR | 223,404.60 LKR |
| 4,000 MYR | 297,872.80 LKR |
| 5,000 MYR | 372,341.00 LKR |
| 10,000 MYR | 744,682.00 LKR |
| 15,000 MYR | 1,117,023.00 LKR |
| 20,000 MYR | 1,489,364.00 LKR |
| 30,000 MYR | 2,234,046.00 LKR |
| 40,000 MYR | 2,978,728.00 LKR |
| 50,000 MYR | 3,723,410.00 LKR |
| 100,000 MYR | 7,446,820.00 LKR |
*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 Sri Lanka from Malaysia?
With the global remittance market booming, there are so many choices for Malaysian Ringgit to LKR 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 Sri Lanka 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 LKR 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 rate to transfer money to Sri Lanka from Malaysia?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Sri Lanka 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 Sri Lankan Rupee 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 Sri Lanka corridor to give you more good choices for your next LKR money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Malaysia to Sri Lanka?
Finding the cheapest way to send money from Malaysia to Sri Lanka might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MYR to LKR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Malaysia to Sri Lanka exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Malaysia to Sri Lanka?
We do not recommend using your local bank in Malaysia for your next MYR to LKR 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 Sri Lanka (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 LKR to Sri Lanka. These companies will let you use your local bank account in Malaysia to pay for your Sri Lanka 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 from Malaysia to Sri Lanka fast?
The speed of your Malaysian Ringgit to Sri Lankan Rupee funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MYR to LKR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Sri Lanka from Malaysia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Sri Lanka if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout LKR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malaysia bank to Sri Lanka bank transfer.
Which are the best money transfer companies to transfer money from Malaysia to Sri Lanka?
Comparing money transfer companies for sending money to Sri Lanka 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 Sri Lanka. 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 Sri Lankan Rupee 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 Sri Lankan Rupee yield on every Malaysian Ringgit that you send.
Step by step guide to send money to Sri Lanka from Malaysia
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Malaysia to Sri Lanka, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Malaysia to Sri Lanka that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Sri Lanka where they can receive monies in Sri Lankan Rupee.
- Then, provide details of your Malaysia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.