Compare today's TZS to MYR (Tanzanian Shilling to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 TZS = 0.0017 MYR
Updated about an hour ago
Found 1 Remittance Service Providers
1000 TZS =
1.70 MYR
Transfer Limit (TZS): No Limits
Indicative Rate1 TZS = 0.0017 MYR
📢 B2B transfers only
0 Remit Service Providers 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.
All you need to know about Tanzanian Shilling to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from Tanzania to Malaysia. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) 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 Tanzania, we currently have 1 remittance service providers available.
Verto currently offers the most competitive rate for sending money to Malaysia and their 1 TZS to MYR exchange rate today is 0.0017.
Were you looking to send money from Malaysia to Tanzania 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 TZS to MYR Conversion Rates
Here are some latest TZS to MYR (Tanzanian Shilling to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 TZS | 0.00 MYR |
| 5 TZS | 0.01 MYR |
| 10 TZS | 0.02 MYR |
| 25 TZS | 0.04 MYR |
| 50 TZS | 0.08 MYR |
| 100 TZS | 0.17 MYR |
| 150 TZS | 0.26 MYR |
| 200 TZS | 0.34 MYR |
| 250 TZS | 0.43 MYR |
| 300 TZS | 0.51 MYR |
| 400 TZS | 0.68 MYR |
| 500 TZS | 0.85 MYR |
| 600 TZS | 1.02 MYR |
| 700 TZS | 1.19 MYR |
| 800 TZS | 1.36 MYR |
| 1,000 TZS | 1.70 MYR |
| 1,500 TZS | 2.55 MYR |
| 2,000 TZS | 3.40 MYR |
| 2,500 TZS | 4.25 MYR |
| 3,000 TZS | 5.10 MYR |
| 4,000 TZS | 6.80 MYR |
| 5,000 TZS | 8.50 MYR |
| 10,000 TZS | 17.00 MYR |
| 15,000 TZS | 25.50 MYR |
| 20,000 TZS | 34.00 MYR |
| 30,000 TZS | 51.00 MYR |
| 40,000 TZS | 68.00 MYR |
| 50,000 TZS | 85.00 MYR |
| 100,000 TZS | 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 transfer money from Tanzania to Malaysia?
Sending money internationally to Malaysia from Tanzania 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 Tanzanian Shilling 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 exchange rate for your money transfers from Tanzania 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 Tanzania 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 TZS 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 Tanzanian Shilling 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 for transferring money to Malaysia from Tanzania?
One of the most important things to watch out for is hidden fees when sending money to Malaysia from Tanzania. 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 TZS 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 Tanzania.
Should I use my bank to send money from Tanzania to Malaysia?
Big banks in Tanzania are known to make a lot of money by charging high fees on Malaysia money transfers from Tanzania. 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 TZS 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 Tanzania to Malaysia. You work hard for your money, so you should also ensure you get the maximum yield when you send MYR overseas.
What is the fastest way to transfer money from Tanzania to Malaysia?
The speed of your Tanzanian Shilling to Malaysian Ringgit 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 TZS to MYR. 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 Malaysia from Tanzania 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 Malaysia 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 MYR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Tanzania bank to Malaysia bank transfer.
Which are the best money transfer companies to transfer money to Malaysia from Tanzania?
Since the Tanzanian Shilling to Malaysian Ringgit money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Tanzania that may also be able to send money to Malaysia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your TZS to MYR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Malaysia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Tanzania to Malaysia transaction.
Step by step guide to send money to Malaysia from Tanzania
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 Tanzania 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 Tanzania 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 Tanzania 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.