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Compare today's THB to MYR (Thai Baht to Malaysian Ringgit) exchange rates

Thailand
Malaysia
THB

πŸ“ˆ Thailand to Malaysia Money Transfer Snapshot Today

  • Best THB to MYR exchange rate today: MYR 0.1236, offered by Key Currency
  • Number of money transfer providers compared: 5
  • Exchange rate range: MYR 0.1203 to MYR 0.1236
  • Potential savings on THB 1000: MYR 3.30
  • Number of deals and promo codes: 0
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real THB to MYR exchange rate before providers add their margin or fees. exchange rate: 1 THB = MYR 0.1251 (Updated about an hour ago)

See detailed Thailand to Malaysia money transfer comparison below.

Money Transfer Providers that matched the search criteria

(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 THB =
123.40 MYR
Transfer Limit (THB): No Limits
Indicative Rate1 THB = 0.1234 MYR
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 THB =
122.80 MYR
Transfer Limit (THB): No Limits
Indicative Rate1 THB = 0.1228 MYR

πŸ“’ B2B transfers only
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 THB =
122.60 MYR
Transfer Limit (THB): No Limits
Indicative Rate1 THB = 0.1226 MYR

πŸ“’ B2B transfers only
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 THB =
120.30 MYR
Transfer Limit (THB): 74.2176 - 185544
Locked-In Rate1 THB = 0.1203 MYR
Money Transfer Providers that did not match the search criteria
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 THB =
123.60 MYR
Transfer Limit (THB): 214348 - No Limit
Indicative Rate1 THB = 0.1236 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.





πŸ’‘What today's THB-MYR exchange rates mean for you

Compare today's THB-MYR exchange rates and send money from Thailand to Malaysia after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes β€” all in one place.

RemitFinder compared 5 providers that you can rely on for Thailand to Malaysia money transfers today. Here is a summary of how the competition looks like right now:

Today's Most Competitive Thailand to Malaysia Providers

πŸ₯‡ Key Currency with 1 THB = 0.1236 MYR (best THB to MYR exchange rate today).

πŸ₯ˆ Cambridge Currencies offering 1 THB = 0.1234 MYR.

πŸ₯‰ Airwallex & Verto are also providing good FX rate today.

The exchange rate provided by these 5 providers ranges from MYR 0.1203 to MYR 0.1236. For a THB 1000 money transfer from Thailand to Malaysia, that could mean up to MYR 3.30 saved on FX alone.

THB-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 Thailand to Malaysia remittances.


πŸ”„ Looking for the reverse corridor? Send money from Malaysia to Thailand 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 Thailand.



Latest THB to MYR Conversion Rates

Here are some latest THB to MYR (Thai Baht to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 THB0.13 MYR
5 THB0.63 MYR
10 THB1.25 MYR
25 THB3.13 MYR
50 THB6.25 MYR
100 THB12.51 MYR
150 THB18.76 MYR
200 THB25.02 MYR
250 THB31.28 MYR
300 THB37.53 MYR
400 THB50.04 MYR
500 THB62.55 MYR
600 THB75.06 MYR
700 THB87.57 MYR
800 THB100.08 MYR
1000 THB125.10 MYR
1500 THB187.65 MYR
2000 THB250.20 MYR
2500 THB312.75 MYR
3000 THB375.30 MYR
4000 THB500.40 MYR
5000 THB625.50 MYR
10000 THB1,251.00 MYR
15000 THB1,876.50 MYR
20000 THB2,502.00 MYR
30000 THB3,753.00 MYR
40000 THB5,004.00 MYR
50000 THB6,255.00 MYR
100000 THB12,510.00 MYR

*Based on the Mid-market Exchange Rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real THB to MYR exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


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

There are many good choices when it comes to sending money from Thailand 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 Thai Baht to MYR money transfers.

We compare different remittance companies to bring you the best options to send money to Malaysia from Thailand. 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 Thai Baht 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 Thailand 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 Thailand 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 THB 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 for transferring money to Malaysia from Thailand?

One of the most important things to watch out for is hidden fees when sending money to Malaysia from Thailand. 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 THB 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 Thailand.


Should I use my bank to send money from Thailand to Malaysia?

Big banks in Thailand are known to make a lot of money by charging high fees on Malaysia money transfers from Thailand. 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 THB 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 Thailand 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 Thailand fast?

The first thing to do when you need to convert THB 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 Thai Baht 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 Thailand 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 send money from Thailand to Malaysia?

Thailand to Malaysia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Malaysia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Thai Baht to Malaysian Ringgit money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Malaysia from Thailand

Follow the below easy steps to send money to Malaysia from Thailand.

  • 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 Thailand 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.

The provider will then work on your THB to MYR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.

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