Malaysian Currency

Travelling to Malaysia and wants to know the name of the Malaysian money unit or just need to know what is the exchange rate for $10 American dollars in Malaysian currency?

Use the links on this page to understand more about the local currency in Malaysia, currency symbol, notes and more.


Malaysian Currency Exchange Rate Today

Malaysia Money

  • The local money used in Malaysia is Ringgit.

  • The currency symbol of the Malaysian money is RM.

  • The Malaysian currency code is MYR.

  • The Ringgit Notes: The Malaysian currency notes are made up of RM1, RM2, RM5, RM10, RM50, RM100.

  • The Ringgit Coins: 1 Ringgit is made up of 100 Sens. Malaysian Sen Coins go from 1, 5, 10, 20, 50 sen, RM1.

What is the best currency to use in Malaysia? Naturally it is best to convert your currency to Malaysian money and use the local Ringgit as it is accepted everywhere in Malaysia. American dollars and other major currencies like Stirling Pound or Swiss Franc are not readily accepted in most business establishments, however some major hotel chains, restaurants and shops may accept US dollars at an agreed upon exchange rate.

Can I use my credit cards in Malaysia? Major credit cards, like Mastercard and Visa, are widely accepted within Malaysia (at hotels, restaurants, shops, travel agencies etc.). American Express is less common and can attract surcharges if you are able to use in an establishment - hence check before you use it.

What is the exchange rate for Ringgit to US Dollars?

Foreign exchange rates are always changing and in most days by the minute.

It’s wise to check the latest money exchange rate for US Dollar to Malaysian Ringgit before ordering the Ringgit you require for your next trip from American Dollar to Ringgit Exchange Rate Today.

What is the exchange rate for Ringgit to British Pound?

Exchange rates for foreign currencies are often changing and in most cases by the minute.

Therefore it's wise to check out the today's currency exchange rate for Stirling Pound to Malaysian Ringgit before purchasing the Ringgit you require for your next trip from British Pound to Ringgit Exchange Rate Today.