KES 100 = MYR 3.438
Convert1 KES = 0.03438 MYR | 1 MYR = 29.08668 KES
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
KES to MYR Exchange Rate Chart
1 KES = 0.03438 MYR
The exchange value of 100 KES in Malaysian Ringgit is 3.438 MYR as on Feb 14.
You can check the exchange rate of 100 Kenyan Shilling to Malaysian Ringgit by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 100 KES to MYR online is as follows:.
There are several online ways to convert KES to MYR.
Most banks in India allow KES to MYR conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow KES to MYR conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including KES.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange KES to MYR. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your KES cash and exchange it for MYR.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline KES to MYR conversion.
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Airports have forex counters where travelers can exchange KES to MYR.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange KES to MYR at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange KES for MYR
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Kenyan Shilling (KES) to Malaysian Ringgit (MYR) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
KES is a strong and widely traded currency. If the exchange rate is favorable, converting KES to MYR can give you more value for your money.
Since 1 KES equals a significantly higher amount in MYR, converting KES to MYR increases your purchasing power, allowing you to afford more goods and services in Malaysia.
If you‘re an NRI, tourist, or returning from the Kenya, converting KES to MYR ensures you have local currency for daily expenses, shopping, and travel within Malaysia.
Converting KES to MYR can help you invest in Malaysia assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Kenya markets.
Using a direct KES to MYR conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting KES to MYR at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of KES to MYR exchange.
Source of the rates:apilayer.com