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Compare today's YER to MYR (Yemeni Rial to Malaysian Ringgit) exchange rates

Yemen
Malaysia
YER
Interbank Exchange Rate: 1 YER = 0.0173 MYR
Updated about an hour ago

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All you need to know about Yemeni Rial to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Yemen to Malaysia. Send money overseas to your loved ones by comparing Yemeni Rial (YER) 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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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 YER to MYR Conversion Rates

Here are some latest YER to MYR (Yemeni Rial to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 YER0.02 MYR
5 YER0.09 MYR
10 YER0.17 MYR
25 YER0.43 MYR
50 YER0.87 MYR
100 YER1.73 MYR
150 YER2.59 MYR
200 YER3.46 MYR
250 YER4.33 MYR
300 YER5.19 MYR
400 YER6.92 MYR
500 YER8.65 MYR
600 YER10.38 MYR
700 YER12.11 MYR
800 YER13.84 MYR
1,000 YER17.30 MYR
1,500 YER25.95 MYR
2,000 YER34.60 MYR
2,500 YER43.25 MYR
3,000 YER51.90 MYR
4,000 YER69.20 MYR
5,000 YER86.50 MYR
10,000 YER173.00 MYR
15,000 YER259.50 MYR
20,000 YER346.00 MYR
30,000 YER519.00 MYR
40,000 YER692.00 MYR
50,000 YER865.00 MYR
100,000 YER1,730.00 MYR

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


What's the best way to do Yemen to Malaysia money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Yemen to Malaysia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Yemeni Rial to MYR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send YER to MYR in Malaysia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Malaysia from Yemen. We provide you with maximum choices to send money to Malaysia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Malaysia from Yemen?

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 Yemen.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your YER 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 YER 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 Yemen to Malaysia?

Finding the cheapest way to send money from Yemen 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 YER 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 Yemen 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 Yemen through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Yemen to Malaysia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the YER to MYR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Yemen bank for your Malaysia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Yemen to Malaysia?

It could be a stressful experience if you need to rush money quickly from Yemen 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 YER 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 Yemen to Malaysia money transfers.


Which are the best money transfer companies to send money from Yemen to Malaysia?

Since the Yemeni Rial 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 Yemen 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 YER 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 Yemen to Malaysia transaction.


Step by step guide to transfer money to Malaysia from Yemen

With so many possible ways to transfer Yemeni Rial 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 Yemen 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 Yemen 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 YER to Malaysian Ringgit money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.