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Malaysia Currency

Money

The official currency is the Malaysian Ringit (MYR), also referred to as the Malaysian Dollar, which is divided into 100 sen. Money changers are generally quicker to deal with than banks and do not charge commission; their rates however are variable. British Pounds or US Dollars are the easiest to exchange. All major credit cards are accepted at upmarket hotels, shops and restaurants. ATMs are widely available.


Currency Exchange Rates


Malaysia MYR 1 MYR 5 MYR 10 MYR 100 MYR 1,000
Australia AUD 0.33 AUD 1.64 AUD 3.28 AUD 32.81 AUD 328.06
Canada CAD 0.32 CAD 1.62 CAD 3.24 CAD 32.37 CAD 323.67
Ireland EUR 0.22 EUR 1.12 EUR 2.25 EUR 22.46 EUR 224.64
New Zealand NZD 0.34 NZD 1.70 NZD 3.40 NZD 34.00 NZD 340.05
South Africa ZAR 3.62 ZAR 18.08 ZAR 36.16 ZAR 361.55 ZAR 3,615.53
United Kingdom GBP 0.19 GBP 0.96 GBP 1.92 GBP 19.17 GBP 191.66
United States of America USD 0.25 USD 1.24 USD 2.48 USD 24.81 USD 248.14

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

Become our Malaysia Travel Expert

We are looking for contributors for our Malaysia travel guide. If you are a local, a regular traveller to Malaysia or a travel professional with time to contribute and answer occasional forum questions, please contact us.