Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates
Interbank Exchange Rate: 1 MYR = 0.2421 USD
Updated about an hour ago
Found 6 Remittance Service Providers
1000 MYR =
242.00 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2420 USD
1000 MYR =
241.30 USD
Transfer Limit (MYR): 1 - 50000
Locked-In Rate1 MYR = 0.2413 USD
1000 MYR =
238.80 USD
Transfer Limit (MYR): 1 - 1000000
Locked-In Rate1 MYR = 0.2388 USD
1000 MYR =
238.50 USD
Transfer Limit (MYR): No Limits
Indicative Rate1 MYR = 0.2385 USD
📢 B2B transfers only
1000 MYR =
237.20 USD
Transfer Limit (MYR): 0 - 30000
Indicative Rate1 MYR = 0.2372 USD
1000 MYR =
232.70 USD
Transfer Limit (MYR): 9.5802 - 47901
Locked-In Rate1 MYR = 0.2327 USD
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 US Dollar money transfers
Easily compare money transfer providers in one place to send money from Malaysia to United States. Send money overseas to your loved ones by comparing Malaysian Ringgit (MYR) to US Dollar (USD) 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 United States.
The best rate to send US Dollar from Malaysian Ringgit to your loved ones in United States is currently offered by Instarem; their 1 MYR to USD exchange rate today is 0.2420.
Ria Money Transfer offers the next most competitive Malaysian Ringgit to US Dollar exchange rate today (currently 1 MYR = 0.2413 USD).
Were you looking to send money from United States 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 USD Conversion Rates
Here are some latest MYR to USD (Malaysian Ringgit to US Dollar) exchange rates for popular conversion amounts*.
| 1 MYR | 0.24 USD |
| 5 MYR | 1.21 USD |
| 10 MYR | 2.42 USD |
| 25 MYR | 6.05 USD |
| 50 MYR | 12.11 USD |
| 100 MYR | 24.21 USD |
| 150 MYR | 36.32 USD |
| 200 MYR | 48.42 USD |
| 250 MYR | 60.53 USD |
| 300 MYR | 72.63 USD |
| 400 MYR | 96.84 USD |
| 500 MYR | 121.05 USD |
| 600 MYR | 145.26 USD |
| 700 MYR | 169.47 USD |
| 800 MYR | 193.68 USD |
| 1,000 MYR | 242.10 USD |
| 1,500 MYR | 363.15 USD |
| 2,000 MYR | 484.20 USD |
| 2,500 MYR | 605.25 USD |
| 3,000 MYR | 726.30 USD |
| 4,000 MYR | 968.40 USD |
| 5,000 MYR | 1,210.50 USD |
| 10,000 MYR | 2,421.00 USD |
| 15,000 MYR | 3,631.50 USD |
| 20,000 MYR | 4,842.00 USD |
| 30,000 MYR | 7,263.00 USD |
| 40,000 MYR | 9,684.00 USD |
| 50,000 MYR | 12,105.00 USD |
| 100,000 MYR | 24,210.00 USD |
*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 USA from Malaysia?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Malaysia to USA. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malaysian Ringgit to USD.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MYR to USD in USA. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to USA from Malaysia. We provide you with maximum choices to send money to USA by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best remit rate for transferring money from Malaysia to USA?
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 USA 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 United States Dollar 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 United States Dollar 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 USA?
One of the most important things to watch out for is hidden fees when sending money to USA from Malaysia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to USA using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to USA exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to USA from Malaysia.
Should I use my bank to send money from Malaysia to USA?
Big banks in Malaysia are known to make a lot of money by charging high fees on USA money transfers from Malaysia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a MYR to USD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to USA. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Malaysia to USA. You work hard for your money, so you should also ensure you get the maximum yield when you send USD overseas.
How to send money to USA from Malaysia fast?
The first thing to do when you need to convert MYR to USD 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 United States Dollar. 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 USA 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 USA.
Which are the best money transfer companies to transfer money from Malaysia to USA?
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 USA, 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 United States Dollar 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 USD money transfers to USA. 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 USA getting more money for every Malaysian Ringgit you send.
Step by step guide to send money from Malaysia to USA
The first step to send money to USA 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 USD 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 USA 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 USA!