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Buy Malaysian Ringgit (MYR)

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The Low Down on Malaysian Currency

Currency:

Malaysian ringgit

Currency code:

MYR

Central Bank:

Bank Negara Malaysia

Currency symbol:

RM (ringgit)

Currency sub unit:

sen

Bank notes:

RM1, RM5, RM10, RM20, RM50, RM100

Coins:

1 sen, 5 sen, 10 sen, 20 sen, 50 sen




The official currency of Malaysia is the ringgit and is abbreviated to the currency code RM or MYR. Each ringgit is divided into 100 sen and is issued by the Bank Negara Malaysia.



Translated from Malay, ringgit is the - now obsolete - term for ‘jagged’; named as such due to the serrated edges of silver Spanish dollar coins used during the Portuguese colonial era.



The ringgit was introduced in 1993 to replace the Malaysian dollar, which was used from 1967.



The most commonly used bills for Malaysian ringgit are the 1, 5, 10, 20, 50 and 100 notes.



What to spend your ringgit on:

  • *

    Meal for 2

    50 MYR *

  • *

    Cappuccino

    9.82 MYR *

  • *

    Local bus ticket

    3 MYR *

  • *

    Admission to the Petronas Towers

    80 MYR *

  • *

    A summer dress

    115 MYR *

How many Malaysian ringgit will I need?**

Please select your budget above.


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* * * * * *

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Total spending money needed:

  • *A budget
  • *for people for
  • * nights


*Recalculate

Must-See places in Malayasia

*
  • Sarawak
  • Sarawak is Malaysia’s largest state and sits on the north-western coastline of Borneo. A nature-lovers dream, Sarawak is home to a multitude of national parks covered by thick jungle, exotic wildlife and winding rivers.
*
  • Malacca
  • Rich in history, Malacca is a cultural mecca visible via the imprints of British, Dutch and Portuguese influences. Unique architecture, ancient landmarks and a charming old town will entice your curiosity.
*
  • Penang
  • Known as the food capital of Malaysia, Penang is rich in cultural sights, natural scenery, sandy beaches and the only spice garden in South East Asia.

Buying Malaysian Ringgit Online is Easy

Simply order your Malaysian Ringgit online to lock in the rate, then choose to collect at your local store or at the airport before you fly.

  • 1. Click the ‘Buy ringgit Now’ button below
  • And tell us how much you need for your trip.

  • 2. Choose where to get it
  • Collect your currency from 33 Travelex stores.

  • 3. Pay online
  • Simply pay using either your debit card (recommended) or credit card and you’re all set!

Travelling to Malaysia in the Future?

Travelling to Malaysia in the Future?

Track Rates and get notified when the Malaysian Ringgit matches your ideal rate so you can decide if it’s a good time to buy!

Track Rates

Prefer to Buy in Store?

Prefer to Buy in Store?

If buying online is not your thing, visit your nearest Travelex store around and one of our friendly sales consultants will help you organise your real for your trip to Malaysia.

Find a Store

Travel Card or Cash?

Travel Card or Cash?

What’s Better When Travelling Abroad?

We’ve outlined the pros and cons of travelling with a travel card or cash to help you decide.

Learn more

*Rates are subject to change throughout the day. In-store rates vary compared to online.

**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.