Home › Destinations › Asia › Malaysia › Malaysia - Money

Reisepartner

MIETWAGENCHECK Günstige Mietwagen für Ihren Urlaub im großen Preisvergleich

Book and Go

Book & Go

Or perhaps you need...

Travel Insurance
Car Hire - Compare 550 providers
Activities, Tours & Airport Transfers
Search for a perfect cruise
Need a Visa?
Book your Airport to Hotel Transfer

Malaysia - Money

Currency & Money

Currency information: 

Malaysian Ringgit (MYR; symbol RM) = 100 sen. Banknotes are in denominations of RM100, 50, 20, 10, 5 and 1. Coins are in denominations of 50, 20, 10, and 5 sen. The 1 sen coin is no longer in active circulation but may still be accepted. Sometimes, the Ringgit is referred to as the Malaysian Dollar, a term used more commonly in historical contexts.

Credit cards: 

Credit cards, particularly Visa and MasterCard, are widely accepted in Malaysia, especially in urban areas, shopping malls, and larger establishments.

Additionally, e-wallets such as Touch 'n Go, GrabPay, and Boost have become extremely popular, offering cashless convenience for both locals and visitors. Many merchants favour e-wallets as they often come with low or no transactional fees.

ATM: 

ATMs are widely available.

Banking hours: 

Sun-Thu 09:30 to 16:00 in the states of Kedah, Kelantan and Terengganu.

Mon-Fri 09:30 to 16:00 in all other states of Malaysia.

Currency restriction: 

Local currency (Ringgit MYR): Travellers must declare if they bring in/ take out any amount exceeding RM10,000.

Foreign currency: There is no limit on the amount of foreign currency that can be brought into Malaysia, but amounts equivalent to USD 10,000 or more must be declared to customs.

The import and export of Israeli currency are prohibited.

Currency exchange: 

Malaysia is a commercial hub in Southeast Asia; therefore, it has numerous money changers that accept and offer a wide range of currencies, making it convenient for travellers to exchange money at competitive rates.

language == 'en'): ?>

Do you have any Feedback about this page?
© Columbus Travel Media Ltd. All rights reserved. No part of this site may be reproduced without our written permission, click here for information on Columbus Content Solutions.

language == 'es'): ?>

¿Tiene comentarios sobre esta página?
© Columbus Travel Media Ltd. All rights reserved. Ninguno de los contenidos de esta Web debe ser reproducido sin nuestra autorización expresa y escrita. Para más información sobre como obtener permiso para la utilización del contenido clica aquí. No part of this site may be reproduced without our written permission, click here for information on Columbus Content Solutions .

language == 'fr'): ?>

Avez-vous des commentairessur cette page?
© Columbus Travel Media Ltd. All rights reserved. Le contenu de ce site ne peut être reproduit sans autorisation écrite. Cliquez ici pour plus d'information sur notre 'des solutions de contenu’. No part of this site may be reproduced without our written permission, click here for information on Columbus Content Solutions.

language == 'de'): ?>

Haben Sie Feedback zu dieser Seite?
© Columbus Travel Media Ltd. All rights reserved. Alle Inhalte dieser Seite sind urheberrechtlich geschützt und dürfen nur mit schriftlicher Genehmigung des Verlags genutzt werden. Weitere Informationen finden Sie in unseren Lizenzbestimmungen. No part of this site may be reproduced without our written permission, click here for information on Columbus Content Solutions .

You know where
you are going!
Why not check out
what to Eat & Drink
Visa and passport information is updated regularly and is correct at the time of publishing. You should verify critical travel information independently with the relevant embassy before you travel.