Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's UGX to MYR (Ugandan Shilling to Malaysian Ringgit) exchange rates

Uganda
Malaysia
UGX
Interbank Exchange Rate: 1 UGX = 0.0012 MYR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 UGX =
1.20 MYR
Transfer Limit (UGX): No Limits
Indicative Rate1 UGX = 0.0012 MYR

📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
key-currency
Read more about Key Currency
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 UGX =
1.20 MYR
Transfer Limit (UGX): 23998237.5 - No Limit
Indicative Rate1 UGX = 0.0012 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 Ugandan Shilling to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Uganda to Malaysia. Send money overseas to your loved ones by comparing Ugandan Shilling (UGX) 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 Uganda, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Malaysia and their 1 UGX to MYR exchange rate today is 0.0012.

Were you looking to send money from Malaysia to Uganda 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 UGX to MYR Conversion Rates

Here are some latest UGX to MYR (Ugandan Shilling to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 UGX0.00 MYR
5 UGX0.01 MYR
10 UGX0.01 MYR
25 UGX0.03 MYR
50 UGX0.06 MYR
100 UGX0.12 MYR
150 UGX0.18 MYR
200 UGX0.24 MYR
250 UGX0.30 MYR
300 UGX0.36 MYR
400 UGX0.48 MYR
500 UGX0.60 MYR
600 UGX0.72 MYR
700 UGX0.84 MYR
800 UGX0.96 MYR
1,000 UGX1.20 MYR
1,500 UGX1.80 MYR
2,000 UGX2.40 MYR
2,500 UGX3.00 MYR
3,000 UGX3.60 MYR
4,000 UGX4.80 MYR
5,000 UGX6.00 MYR
10,000 UGX12.00 MYR
15,000 UGX18.00 MYR
20,000 UGX24.00 MYR
30,000 UGX36.00 MYR
40,000 UGX48.00 MYR
50,000 UGX60.00 MYR
100,000 UGX120.00 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 from Uganda to Malaysia?

There are many good choices when it comes to sending money from Uganda 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 Ugandan Shilling to MYR money transfers.

We compare different remittance companies to bring you the best options to send money to Malaysia from Uganda. 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 Ugandan Shilling 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 Uganda to Malaysia?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your UGX to Malaysian Ringgit money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Uganda to Malaysia. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for UGX to MYR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Uganda to Malaysia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Uganda to Malaysia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Ugandan Shilling to Malaysian Ringgit remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Uganda to Malaysia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for UGX to MYR remittances.


Should I use my bank to transfer money from Uganda to Malaysia?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Uganda to Malaysia money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like UGX to MYR transfers.

Given this, there are umpteen additional options to send money to Malaysia instead of just your Uganda bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Ugandan Shilling even more so that your recipient in Malaysia gets the maximum amount.


How to send money from Uganda to Malaysia fast?

If you need to convert UGX 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 Uganda 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 Ugandan Shilling 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 Uganda 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 from Uganda to Malaysia?

Uganda 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 Ugandan Shilling 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 send money to Malaysia from Uganda

With so many possible ways to transfer Ugandan Shilling to Malaysian Ringgit, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Uganda to Malaysia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Uganda and the receiver in Malaysia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your UGX to Malaysian Ringgit money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.