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How to send money to Malaysia from New Zealand with the best NZD-MYR rate

Compare ways to send money from New Zealand to Malaysia. Find the cheapest, fastest, and most reliable providers with the best NZD to MYR exchange rates.

Read on for the best deals, expert information, and all you need to send money to Malaysia from New Zealand.

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July 8th, 2025
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Best money transfer companies

Send money from New Zealand to Malaysia

Last updated: Today
Mid-market rate as of 07/08/2025: 1 NZD = 2.549987 MYR
Results below are based on a 10000 NZD search
0 of 8 providers
Sponsored
Wise
Recipient gets (MYR)
RM 25,417.46
Full transfer details
Visit Wise
RM 683 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MYR)
RM 25,125.90
Full transfer details
Visit Xe
RM 391 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
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Exclusive: First Transfer Deal
1
Regency FX
Recipient gets (MYR)
RM 25,431.02
Full transfer details
Visit Regency FX
RM 696 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
2
Wise
Recipient gets (MYR)
RM 25,417.46
Full transfer details
Visit Wise
RM 683 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
3
OFX
Recipient gets (MYR)
RM 25,159.00
Full transfer details
Visit OFX
RM 424 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
4
Xe
Recipient gets (MYR)
RM 25,125.90
Full transfer details
Visit Xe
RM 391 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
5
Remitly
Recipient gets (MYR)
RM 24,925.00
Full transfer details
Visit Remitly
RM 190 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Panda Remit
Recipient gets (MYR)
RM 25,413.20
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • HSBC
    HSBC
    Recipient gets (MYR)
    RM 24,646.45
    Not recommended
Sponsored
Wise
Recipient gets (MYR)
RM 25,417.46
Full transfer details
Visit Wise
RM 683 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (MYR)
RM 25,125.90
Full transfer details
Visit Xe
RM 391 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Best recommended: Wise

Wise is our top pick for sending New Zealand Dollar to Malaysia.

Of the 8 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.

For example, sending 10,000 NZD to MYR will cost you $32.72 in fees, and you will receive 25,357.26 MYR.

Make your New Zealand to Malaysia transfer using Wise for the best mix of cost and speed.

Wise is the top rated company for sending money from New Zealand (NZD) to Malaysia (MYR) - Wise Screenshot

How to compare deals on New Zealand to Malaysia money transfers

Summary of recent searches

Top rated for transfers from New Zealand to Malaysia
Wise
Total number of NZ - MY providers
8
Average cheapest fees & rate
Regency FX
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Regency FX
Best for debit card
Wise

Considerations for money transfers from New Zealand to Malaysia

1
Compare providers

Comparing providers offering services between New Zealand and Malaysia, based on your specific needs is the best way to send money with confidence.

Our comparison includes 8 companies that provide the ability to send New Zealand Dollar to Malaysia.

This ensures you get the best options for transfers to Malaysia from New Zealand, based on the amount you want to send.

2
Watch the New Zealand Dollar-Malaysian Ringgit exchange rate
3
Choose the right payment method
4
Use providers regulated in Malaysia and New Zealand
5
Consider transfer limits
6
Receiving money in Malaysia
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Malaysia from New Zealand: Regency FX

Regency FX offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending New Zealand Dollar to Malaysia.

Of the 8 providers compared, data shows that Regency FX is 0.02% cheaper than the second-best option.

The is cost is made up of an average NZD-MYR exchange rate that is 0.27% different to the mid-market rate and an average fee of 0* NZD.

If you want to secure the best rates on a NZD to Malaysia transfer, Regency FX will result in the most Malaysian Ringgit received.

Fastest money transfers from New Zealand to Malaysia: Wise.

Of the 8 money transfer companies tested, Wise offered the quickest way to send New Zealand Dollars to Malaysia.

Based on our recent data, transfer time for a $10,000 transfer to Malaysia with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.

Sending money from New Zealand to Malaysia through Wise will cost you 32.72 NZD in fees & small markup.

Wise was one of 8 money transfer providers we compared for overall speed of sending money from New Zealand to Malaysia. This speed test included depositing New Zealand Dollars to an account and the average timeframe for sending money to Malaysia.

When fast transfers are a priority, Wise is our best choice for sending from New Zealand to Malaysia.

Wise is the fastest way to send money from New Zealand (NZD) to Malaysia (MYR) - Wise Screenshot

Send large sums of money

Transferring bigger amounts of money to Malaysia from New Zealand needs a strong exchange rate and effective management of the transfer.

From the
8 options we compared, Wise offers the strongest all round option for large transfers to Malaysia from New Zealand.

Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Malaysian Ringgits to Malaysian Ringgit.

As such, we recommend Wise for large transfers between Malaysia and New Zealand.

Understanding the cost of sending money from New Zealand to Malaysia

Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from New Zealand to Malaysia.

The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Malaysian Ringgit for your New Zealand Dollar. The current NZD-MYR mid-market rate is 2.5398 MYR per New Zealand Dollar.

  • This rate changes regularly so it can pay to track it. For comparison, the NZD-MYR mid-market rate for the past 7 days has averaged 2.5597 MYR per New Zealand Dollar, with a low of 2.5431 and a high of 2.5701.

  • Wise is currently offering the best exchange rate from the 8 companies compared.

  • Often the NZD-MYR exchange rate you pay is the biggest cost factor when transferring New Zealand Dollars to Malaysia.

Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of New Zealand Dollar you’re sending to Malaysia. Regency FX currently has the lowest fees for transfers into MYR of just 0 NZD. We always recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Malaysian Ringgit is the biggest indicator of the total cost of sending money to Malaysia from New Zealand. The bigger the amount received in Malaysia, the lower the overall cost of sending from New Zealand.

Getting best exchange rate for sending New Zealand Dollar to Malaysian Ringgit

Timing is essential when tracking the mid-market rate between NZD and MYR. The end exchange rate you secure impacts how much MYR you get for your NZD.

Mid-market Rate
1 
NZD
=
2.539815 
MYR

The recent mid-market rate trends are:

  • Over the past 7 days, the mid-market rate from NZD to MYR was 2.5597.

  • During this period, it hit a high of 2.5701, and a low of 2.5431.

  • Wise, which is our recommended service to send money online from New Zealand to Malaysia offers an exchange rate that is only -0.03% above the mid-market rate.

Want to secure the best NZD-Malaysian Ringgit exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from New Zealand to Malaysia!

Payment options for transfers from New Zealand to
Malaysia

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from New Zealand to Malaysia.

    Using a money transfer company such as Regency FX for payments from New Zealand to Malaysia, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    Regency FX is the best money transfer provider for bank transfers of the 8 we compared when sending NZD to Malaysia.

    With a fee of 0 NZD to transfer money from New Zealand to Malaysia, Regency FX offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from New Zealand to Malaysia is easy with Wise.


    Wise is a leader in debit card money transfers from New Zealand to Malaysia. They are the best option of the 8 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from New Zealand to Malaysia, we recommend comparing your options to get the best deal.

    Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Malaysia and New Zealand.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from New Zealand to Malaysia.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NZD to MYR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from New Zealand to Malaysia?
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What are the typical transfer fees for sending New Zealand Dollars to Malaysia through various providers?
How long does it take to send money from New Zealand to Malaysia?
What is the best exchange rate I can get for sending money from New Zealand to Malaysia?
Are there any minimum or maximum transfer amounts for sending money from New Zealand to Malaysia?
Can I schedule regular transfers between New Zealand and Malaysia?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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