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Compare today's MMK to EUR (Myanmar Kyat to Euro) exchange rates

Myanmar (Burma)
Austria
MMK
Interbank Exchange Rate: 1 MMK = 0.0005 EUR
Updated about an hour ago

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All you need to know about Myanmar Kyat to Euro money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to Austria. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) to Euro (EUR) 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.

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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.

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Latest MMK to EUR Conversion Rates

Here are some latest MMK to EUR (Myanmar Kyat to Euro) exchange rates for popular conversion amounts*.

1 MMK0.00 EUR
5 MMK0.00 EUR
10 MMK0.01 EUR
25 MMK0.01 EUR
50 MMK0.03 EUR
100 MMK0.05 EUR
150 MMK0.08 EUR
200 MMK0.10 EUR
250 MMK0.13 EUR
300 MMK0.15 EUR
400 MMK0.20 EUR
500 MMK0.25 EUR
600 MMK0.30 EUR
700 MMK0.35 EUR
800 MMK0.40 EUR
1,000 MMK0.50 EUR
1,500 MMK0.75 EUR
2,000 MMK1.00 EUR
2,500 MMK1.25 EUR
3,000 MMK1.50 EUR
4,000 MMK2.00 EUR
5,000 MMK2.50 EUR
10,000 MMK5.00 EUR
15,000 MMK7.50 EUR
20,000 MMK10.00 EUR
30,000 MMK15.00 EUR
40,000 MMK20.00 EUR
50,000 MMK25.00 EUR
100,000 MMK50.00 EUR

*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 Myanmar (Burma) to Austria?

It can be very confusing when sending money from Myanmar (Burma) to Austria given so many choices. Additionally, Myanmar Kyat to EUR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Myanmar (Burma) to Austria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Austria from Myanmar (Burma). In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Myanmar Kyat to Euro remittances.


How to get the best rate to transfer money to Austria from Myanmar (Burma)?

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 Austria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Myanmar (Burma) to Austria 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 MMK to Euro 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 Austria from Myanmar (Burma)?

Finding the cheapest way to send money from Myanmar (Burma) to Austria 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 MMK to EUR 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 Myanmar (Burma) to Austria 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.


How to send money from Myanmar (Burma) to Austria through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Myanmar (Burma) to Austria. 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 MMK to EUR 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 Myanmar (Burma) bank for your Austria 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.


What is the fastest way to do a money transfer to Austria from Myanmar (Burma)?

The speed of your Myanmar Kyat to Euro 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 MMK to EUR. 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 Austria from Myanmar (Burma) 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 Austria 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Myanmar (Burma) bank to Austria bank transfer.


Which are the best money transfer companies to send money from Myanmar (Burma) to Austria?

Myanmar (Burma) to Austria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Austria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Myanmar Kyat to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Austria from Myanmar (Burma)

There are many important aspects of Myanmar (Burma) to Austria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Myanmar (Burma) bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Myanmar Kyat amount you want to send from Myanmar (Burma).
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Austria to validate that they get the money once the transaction clears.