Compare today's KRW to MYR (South Korean Won to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 KRW = 0.0029 MYR
Updated about an hour ago
Found 2 Remittance Service Providers
1000 KRW =
2.80 MYR
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0028 MYR
1000 KRW =
2.80 MYR
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0028 MYR
📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
1000 KRW =
2.70 MYR
Transfer Limit (KRW): 3404.2982 - 17021491
Locked-In Rate1 KRW = 0.0027 MYR
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 South Korean Won to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from South Korea to Malaysia. Send money overseas to your loved ones by comparing South Korean Won (KRW) 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 South Korea, we currently have 2 remittance service providers available.
GME Remittance currently offers the most competitive rate for sending money to Malaysia and their 1 KRW to MYR exchange rate today is 0.0028.
The next best South Korean Won to Malaysian Ringgit exchange rate today for money transfers to Malaysia is offered by Airwallex (1 KRW = 0.0028 MYR).
Were you looking to send money from Malaysia to South Korea 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 KRW to MYR Conversion Rates
Here are some latest KRW to MYR (South Korean Won to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 KRW | 0.00 MYR |
| 5 KRW | 0.01 MYR |
| 10 KRW | 0.03 MYR |
| 25 KRW | 0.07 MYR |
| 50 KRW | 0.15 MYR |
| 100 KRW | 0.29 MYR |
| 150 KRW | 0.43 MYR |
| 200 KRW | 0.58 MYR |
| 250 KRW | 0.73 MYR |
| 300 KRW | 0.87 MYR |
| 400 KRW | 1.16 MYR |
| 500 KRW | 1.45 MYR |
| 600 KRW | 1.74 MYR |
| 700 KRW | 2.03 MYR |
| 800 KRW | 2.32 MYR |
| 1,000 KRW | 2.90 MYR |
| 1,500 KRW | 4.35 MYR |
| 2,000 KRW | 5.80 MYR |
| 2,500 KRW | 7.25 MYR |
| 3,000 KRW | 8.70 MYR |
| 4,000 KRW | 11.60 MYR |
| 5,000 KRW | 14.50 MYR |
| 10,000 KRW | 29.00 MYR |
| 15,000 KRW | 43.50 MYR |
| 20,000 KRW | 58.00 MYR |
| 30,000 KRW | 87.00 MYR |
| 40,000 KRW | 116.00 MYR |
| 50,000 KRW | 145.00 MYR |
| 100,000 KRW | 290.00 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 South Korea?
Sending money internationally to Malaysia from South Korea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your South Korean Won to MYR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malaysia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malaysian Ringgit.
How to get the best remit rate for transferring money from South Korea to Malaysia?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Malaysia from South Korea.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KRW to Malaysian Ringgit remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for KRW to MYR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money from South Korea to Malaysia?
When you want to send money to Malaysia from South Korea, you obviously want the cheapest possible option to maximize the money your recipient gets in Malaysian Ringgit. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your KRW to MYR money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from South Korea to Malaysia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best South Korea to Malaysia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malaysian Ringgit overseas.
How to send money to Malaysia from South Korea through a bank?
We do not recommend using your local bank in South Korea for your next KRW 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 South Korea 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 South Korea 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.
How to send money to Malaysia from South Korea fast?
It could be a stressful experience if you need to rush money quickly from South Korea to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert KRW to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your South Korea to Malaysia money transfers.
Which are the best money transfer companies to send money to Malaysia from South Korea?
Comparing money transfer companies for sending money to Malaysia from South Korea can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Malaysia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your South Korean Won to Malaysian Ringgit transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Malaysian Ringgit yield on every South Korean Won that you send.
Step by step guide to send money to Malaysia from South Korea
Follow the below easy steps to send money to Malaysia from South Korea.- 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 South Korea bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Malaysia).
- 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.
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.