Compare today's PHP to MYR (Philippine Peso to Malaysian Ringgit) exchange rates
📈 Philippines to Malaysia Money Transfer Snapshot Today
- Best PHP to MYR exchange rate today: MYR 0.0653, offered by Verto
- Number of money transfer providers compared: 2
- Exchange rate range: MYR 0.0653 to MYR 0.0653
- Potential savings on PHP 1000: MYR 0.00
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real PHP to MYR exchange rate before providers add their margin or fees. exchange rate: 1 PHP = MYR 0.0664 (Updated about an hour ago)
See detailed Philippines to Malaysia money transfer comparison below.
Money Transfer Providers that matched the search criteria
1000 PHP =
65.30 MYR
Transfer Limit (PHP): No Limits
Indicative Rate1 PHP = 0.0653 MYR
📢 B2B transfers only
1000 PHP =
65.30 MYR
Transfer Limit (PHP): 1 - 1000000
Locked-In Rate1 PHP = 0.0653 MYR
Money Transfer Providers that 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.
💡What today's PHP-MYR exchange rates mean for you
Compare today's PHP-MYR exchange rates and send money from Philippines to Malaysia after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 2 providers that you can rely on for Philippines to Malaysia money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Philippines to Malaysia Providers
🥇 Verto with 1 PHP = 0.0653 MYR (best PHP to MYR exchange rate today).
🥈 Wise offering 1 PHP = 0.0653 MYR.
The exchange rate provided by these 2 providers ranges from MYR 0.0653 to MYR 0.0653. For a PHP 1000 money transfer from Philippines to Malaysia, that could mean up to MYR 0.00 saved on FX alone.
PHP-MYR exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final MYR payout that your recipient gets in Malaysia.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Philippines to Malaysia remittances.
🔄 Looking for the reverse corridor? Send money from Malaysia to Philippines 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 Philippines.
Latest PHP to MYR Conversion Rates
Here are some latest PHP to MYR (Philippine Peso to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 PHP | 0.07 MYR |
| 5 PHP | 0.33 MYR |
| 10 PHP | 0.66 MYR |
| 25 PHP | 1.66 MYR |
| 50 PHP | 3.32 MYR |
| 100 PHP | 6.64 MYR |
| 150 PHP | 9.96 MYR |
| 200 PHP | 13.28 MYR |
| 250 PHP | 16.60 MYR |
| 300 PHP | 19.92 MYR |
| 400 PHP | 26.56 MYR |
| 500 PHP | 33.20 MYR |
| 600 PHP | 39.84 MYR |
| 700 PHP | 46.48 MYR |
| 800 PHP | 53.12 MYR |
| 1000 PHP | 66.40 MYR |
| 1500 PHP | 99.60 MYR |
| 2000 PHP | 132.80 MYR |
| 2500 PHP | 166.00 MYR |
| 3000 PHP | 199.20 MYR |
| 4000 PHP | 265.60 MYR |
| 5000 PHP | 332.00 MYR |
| 10000 PHP | 664.00 MYR |
| 15000 PHP | 996.00 MYR |
| 20000 PHP | 1,328.00 MYR |
| 30000 PHP | 1,992.00 MYR |
| 40000 PHP | 2,656.00 MYR |
| 50000 PHP | 3,320.00 MYR |
| 100000 PHP | 6,640.00 MYR |
*Based on the Mid-market Exchange Rate
What's the best way to transfer money from Philippines to Malaysia?
There are many good choices when it comes to sending money from Philippines to Malaysia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Philippine Peso to MYR money transfers.We compare different remittance companies to bring you the best options to send money to Malaysia from Philippines. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Philippine Peso to Malaysian Ringgit money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best remit rate for transferring money from Philippines to Malaysia?
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 Philippines to Malaysia 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 PHP to Malaysian Ringgit 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 Philippine Peso to Malaysian Ringgit 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 Philippines to Malaysia?
One of the most important things to watch out for is hidden fees when sending money to Malaysia from Philippines. 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 Malaysia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malaysian Ringgit foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PHP to Malaysia 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 Malaysia from Philippines.
How to send money from Philippines to Malaysia through a bank?
Big banks in Philippines are known to make a lot of money by charging high fees on Malaysia money transfers from Philippines. 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 PHP to MYR 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 Malaysia. 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 Philippines to Malaysia. You work hard for your money, so you should also ensure you get the maximum yield when you send MYR overseas.
How to send money to Malaysia from Philippines fast?
The first thing to do when you need to convert PHP to MYR 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 Philippine Peso and Malaysian Ringgit. 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 Philippines to Malaysia 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 Malaysia.
Which are the best money transfer companies to transfer money from Philippines to Malaysia?
The first step in selecting the best money transfer operators for Philippines to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Philippine Peso to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.
Step by step guide to do a money transfer from Philippines to Malaysia
The first step to send money to Malaysia from Philippines 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 PHP to MYR 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 Malaysia if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Philippines bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Malaysia!