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Compare today's SBD to MYR (Solomon Islands Dollar to Malaysian Ringgit) exchange rates

Solomon Islands
Malaysia
SBD
Interbank Exchange Rate: 1 SBD = 0.5017 MYR
Updated about an hour ago

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All you need to know about Solomon Islands Dollar to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Solomon Islands to Malaysia. Send money overseas to your loved ones by comparing Solomon Islands Dollar (SBD) 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.

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Latest SBD to MYR Conversion Rates

Here are some latest SBD to MYR (Solomon Islands Dollar to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 SBD0.50 MYR
5 SBD2.51 MYR
10 SBD5.02 MYR
25 SBD12.54 MYR
50 SBD25.09 MYR
100 SBD50.17 MYR
150 SBD75.26 MYR
200 SBD100.34 MYR
250 SBD125.43 MYR
300 SBD150.51 MYR
400 SBD200.68 MYR
500 SBD250.85 MYR
600 SBD301.02 MYR
700 SBD351.19 MYR
800 SBD401.36 MYR
1,000 SBD501.70 MYR
1,500 SBD752.55 MYR
2,000 SBD1,003.40 MYR
2,500 SBD1,254.25 MYR
3,000 SBD1,505.10 MYR
4,000 SBD2,006.80 MYR
5,000 SBD2,508.50 MYR
10,000 SBD5,017.00 MYR
15,000 SBD7,525.50 MYR
20,000 SBD10,034.00 MYR
30,000 SBD15,051.00 MYR
40,000 SBD20,068.00 MYR
50,000 SBD25,085.00 MYR
100,000 SBD50,170.00 MYR

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


What's the best way to send money to Malaysia from Solomon Islands?

There are many good choices when it comes to sending money from Solomon Islands 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 Solomon Islands Dollar to MYR money transfers.

We compare different remittance companies to bring you the best options to send money to Malaysia from Solomon Islands. 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 Solomon Islands Dollar 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 Solomon Islands to Malaysia?

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 Malaysia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Solomon Islands to Malaysia 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 SBD to Malaysian Ringgit 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 send money to Malaysia from Solomon Islands?

Finding the cheapest way to send money from Solomon Islands to Malaysia 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 SBD to MYR 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 Solomon Islands to Malaysia 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 to Malaysia from Solomon Islands through a bank?

We do not recommend using your local bank in Solomon Islands for your next SBD to MYR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Solomon Islands to Malaysia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MYR to Malaysia. These companies will let you use your local bank account in Solomon Islands to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Malaysia from Solomon Islands?

If you need to convert SBD to MYR 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 Solomon Islands to Malaysia 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 Solomon Islands Dollar to Malaysian Ringgit 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 Malaysia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Solomon Islands to Malaysia. 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 Malaysia from Solomon Islands?

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 Solomon Islands to Malaysia, 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 Solomon Islands Dollar to Malaysian Ringgit 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 MYR money transfers to Malaysia. 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 Malaysia getting more money for every Solomon Islands Dollar you send.


Step by step guide to do a money transfer from Solomon Islands to Malaysia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Solomon Islands to Malaysia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Solomon Islands to Malaysia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malaysia where they can receive monies in Malaysian Ringgit.
  • Then, provide details of your Solomon Islands bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SBD travel to another part of the globe.