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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 0.30 AUD 1.52 AUD 3.04 AUD 30.36 AUD 303.57
Canada CAD 0.30 CAD 1.48 CAD 2.95 CAD 29.54 CAD 295.40
Ireland EUR 0.21 EUR 1.06 EUR 2.11 EUR 21.11 EUR 211.07
New Zealand NZD 0.32 NZD 1.59 NZD 3.19 NZD 31.90 NZD 318.99
South Africa ZAR 3.06 ZAR 15.28 ZAR 30.56 ZAR 305.62 ZAR 3,056.19
United Kingdom GBP 0.18 GBP 0.92 GBP 1.84 GBP 18.38 GBP 183.81
United States of America USD 0.22 USD 1.12 USD 2.23 USD 22.34 USD 223.43

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.