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Compare today's PHP to MYR (Philippine Peso to Malaysian Ringgit) exchange rates

Philippines
Malaysia
PHP
Interbank Exchange Rate: 1 PHP = 0.0698 MYR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 PHP =
68.70 MYR
Transfer Limit (PHP): No Limits
Indicative Rate1 PHP = 0.0687 MYR

📢 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 Philippine Peso to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Philippines to Malaysia. Send money overseas to your loved ones by comparing Philippine Peso (PHP) to Malaysian Ringgit (MYR) 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 Malaysia from Philippines, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Malaysia and their 1 PHP to MYR exchange rate today is 0.0687.

Were you looking to send money from Malaysia to Philippines 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 PHP to MYR Conversion Rates

Here are some latest PHP to MYR (Philippine Peso to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 PHP0.07 MYR
5 PHP0.35 MYR
10 PHP0.70 MYR
25 PHP1.75 MYR
50 PHP3.49 MYR
100 PHP6.98 MYR
150 PHP10.47 MYR
200 PHP13.96 MYR
250 PHP17.45 MYR
300 PHP20.94 MYR
400 PHP27.92 MYR
500 PHP34.90 MYR
600 PHP41.88 MYR
700 PHP48.86 MYR
800 PHP55.84 MYR
1,000 PHP69.80 MYR
1,500 PHP104.70 MYR
2,000 PHP139.60 MYR
2,500 PHP174.50 MYR
3,000 PHP209.40 MYR
4,000 PHP279.20 MYR
5,000 PHP349.00 MYR
10,000 PHP698.00 MYR
15,000 PHP1,047.00 MYR
20,000 PHP1,396.00 MYR
30,000 PHP2,094.00 MYR
40,000 PHP2,792.00 MYR
50,000 PHP3,490.00 MYR
100,000 PHP6,980.00 MYR

*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 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!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Philippines to Malaysia.