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

Compare today's MYR to USD (Malaysian Ringgit to US Dollar) exchange rates

Malaysia
Virgin Islands, US
MYR
Interbank Exchange Rate: 1 MYR = 0.2421 USD
Updated about 1 hours ago

Found 3 Remittance Service Providers

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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

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 Virgin Islands, US. 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.

When making a money transfer to Virgin Islands, US from Malaysia, we currently have 3 remittance service providers available.

Ria Money Transfer currently offers the most competitive rate for sending money to Virgin Islands, US and their 1 MYR to USD exchange rate today is 0.2413.

The next best Malaysian Ringgit to US Dollar exchange rate today for money transfers to Virgin Islands, US is offered by Wise (1 MYR = 0.2388 USD).

Were you looking to send money from Virgin Islands, US 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 MYR0.24 USD
5 MYR1.21 USD
10 MYR2.42 USD
25 MYR6.05 USD
50 MYR12.11 USD
100 MYR24.21 USD
150 MYR36.32 USD
200 MYR48.42 USD
250 MYR60.53 USD
300 MYR72.63 USD
400 MYR96.84 USD
500 MYR121.05 USD
600 MYR145.26 USD
700 MYR169.47 USD
800 MYR193.68 USD
1,000 MYR242.10 USD
1,500 MYR363.15 USD
2,000 MYR484.20 USD
2,500 MYR605.25 USD
3,000 MYR726.30 USD
4,000 MYR968.40 USD
5,000 MYR1,210.50 USD
10,000 MYR2,421.00 USD
15,000 MYR3,631.50 USD
20,000 MYR4,842.00 USD
30,000 MYR7,263.00 USD
40,000 MYR9,684.00 USD
50,000 MYR12,105.00 USD
100,000 MYR24,210.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Malaysia to Virgin Islands, US money transfers?

With the global remittance market booming, there are so many choices for Malaysian Ringgit to USD 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 Virgin Islands, US 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 USD 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 exchange rate for sending money from Malaysia to Virgin Islands, US?

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 Virgin Islands, US.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malaysia to Virgin Islands, US 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 United States Dollar 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 to transfer money from Malaysia to Virgin Islands, US?

One of the most important things to watch out for is hidden fees when sending money to Virgin Islands, US 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 Virgin Islands, US 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 Virgin Islands, US 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 Virgin Islands, US from Malaysia.


Should I use my bank to transfer money from Malaysia to Virgin Islands, US?

Bank transfers have been a traditionally popular way to send money overseas from Malaysia to Virgin Islands, US. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MYR to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Malaysia bank for your Virgin Islands, US money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Malaysia to Virgin Islands, US fast?

If you need to convert MYR to USD 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 Virgin Islands, US 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 United States Dollar 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 Virgin Islands, US.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Virgin Islands, US. 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 send money to Virgin Islands, US 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 Virgin Islands, US, 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 Virgin Islands, US. 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 Virgin Islands, US getting more money for every Malaysian Ringgit you send.


Step by step guide to send money to Virgin Islands, US from Malaysia

Follow the below easy steps to send money to Virgin Islands, US from Malaysia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Malaysia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Virgin Islands, US).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MYR to USD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.