The Malaysian currency, the exchange rate, credit cards, checks, tips

The exchange rate

The exchange rates of Malaysia in relation to world currencies quite stable. The approximate exchange rate to the ruble: 1 ringgit is worth 18 rubles. To quickly recalculate the cost of the ringgit in U.S. dollars, just multiply it by 1.6 and add a zero. For example, 10 ringgit is about 160 rubles.

The exchange rate (Malaysian ringgit) to 15/09/2018

10 ringgit (MYR) = 164,40 Rubles (RUB)
1 Euro (EUR) = 4,81 MYR
100 Rubles (RUB) = 6,08 MYR
1 United States Dollar (USD) = 4,14 MYR
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The Currency Of Malaysia

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The national currency of Malaysia is ringgit (ringgit), also called the old Malayan dollar. International currency symbol is RM or MYR. The ringgit is divided into 100 sen. The old currency, the Malaysian dollar, currently not really used, but sometimes used in the virtual price tags, and when the real calculation are converted into ringgit.

Currently in the country in circulation are banknotes in denominations of 1, 5, 10, 20, 50 and 100 ringgit different editions.

All the money in Malaysia contain the portrait of the first Supreme Governor of Malaysia, Tuanku Abdul Rahman.

The dollars of Singapore and Brunei is also known here under the name of ringgit, so be careful in calculations, especially in the border States mentioned areas.

The calculation of the foreign currency is not particularly common in Malaysia and is offered everywhere in the national currency. Even if the prices are indicated in US dollars (mainly travel services), the calculation most likely will still be made in local currency. Quite common when you pay with Singapore dollar, however, when a direct calculation of this currency is very unfavorable rate.

What to change:

Better to change currency only at authorized exchange offices, as they are of course cheaper than the banks. Exchange at the airport might be slightly less profitable, but not so much understated. For example, in the airport of Kuala Lumpur KLIA - of 2.93, and in Kuala Lumpur to 3.08 on the same day, i.e. the difference in the exchange of $ 100 will be 15 ringgit (around 150 rubles). If the local currency at the airport can not do, it is best to change a small amount at the airport, and the principal amount to be changed in exchange offices as needed. In most exchange offices, the rate for small bills is lower than on large (50, 100 dollars), and some of the exchangers 1, 5, 10 dollars do not accept. The difference between the rate on Bank notes of 50 and 100 dollars there, so you can easily carry with them and those and others.

In most parts of the country banks are open Monday - Friday from 09:30 - 16:00. On Saturday, banks are only 2 hours from 09.30 to 11.30. On Sundays banks are closed. In the States of Kedah, Kelantan, Trengganu banks operate on a different schedule: Wednesday - Saturday 09:30 - 16:00 Thursdays: 09:30 - 11:30 on Friday not working. All banks in Malaysia are closed on the 1st Saturday of the month. Exchange offices set the operation mode at its discretion and often begin to work quite late hours 10-11.

What currency is best to take to Malaysia

The most convenient currency to exchange is the us dollar. Euros can also be exchanged everywhere. If you are coming from Thailand and you have remained in the hands of the Thai currency (baht), it too can be safely exchanged everywhere.

Plastic cards/checks

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Plastic cards in Malaysia is very common. ATMs have been installed everywhere. Pay for purchases in the restaurant, hotel, shopping center also will not be easy. But remember about safety precautions: Asia banks are a high-risk country when using plastic cards, and Malaysia in particular. Very often the cards even such systems as VISA and Mastercard blocked when you are using them in Malaysia. Read the note on safety measures when working with plastic cards for travelling here.

Keep in mind that if the credit card payment from the card will take 2.5 - 3% more for processing.

If you go to remote, rural areas, about the withdrawals better to think in advance in a big city.

Tourist receipts in Malaysia are fairly common and you will not have any problems cashing in the big banks. The rate of exchange of cheques in banks and exchange offices is even slightly higher than cash (for example, the purchase rate of cash dollar - 2,93; rate of purchase of cheques - 3,0945). Like when you exchange cash, the exchange rate from place to place varies, and is better to look for a specialized exchange that accept checks (these are of course higher than in banks).

Tips

Tipping in Malaysia is not accepted. Usually in the bill and include taxes and service charge.

If you really like the service, we can thank tip. Porters in hotels give a coin in 1-2 ringgit. When paying for a taxi ride can round the amount in a big way. The restaurant can refuse delivery in 1-2 ringgit.

If from tipping refuse and insist to give you the change (and this happens not so rarely), you also do not insist and take delivery.

Comments / recent posts on the topic on the forum
Olga.Kozlova 08 Oct 2017, 20:06
1Доброго time of day. If you arrive at the international airport in Kuala Lumpur with the alcohol purchased in the duty-free Almaty. Will there be problems when transplanting to the domestic low-cost airline, we are flying to Bali. you in your hand Luggage to carry on the flight to Bali from Kuala Lumpur alcohol from duty-free from airport Almaty (unopened, of course) ...
admin 09 Oct 2017, 04:51
1 Hello Olga! What is "INTERNAL" low-cost Bali. Bali is Indonesia, and the flights you will be international, and with the change of the airport terminal, because all the low-cost airlines, in principle, no matter domestic or international, are in a different terminal. This means that you will again undergo a security check security and alcohol of Dytiki 99% that will withdraw. ...
Olga.Kozlova 09 Oct 2017, 20:11
1 Thanks for the answer, but would like to hear more))))) it is Clear that this is another country, but I have read that the airline AirAsia, this is the type of "internal" between these countries low-cost carrier and there is even no LCCT duty free, because they do not regard as international terminal... And not even save that everything will be Packed in the package duty-free? ...
admin 2017 Oct 10, 04:42
1 Hello Olga! Nothing like domestic and international flights are completely different things, even when it was LCCT, which had to take the bus. Just as well there was all the necessary controls, including security. Now you have outdated information, and LCCT no longer exists, and replaced by a new international low cost carrier terminal KLIA2, read more here https://nashaplaneta.net/asia/malaysia/kuala-lumpur-aeroport-terminal-klia2. ...
Olga.Kozlova 10 Oct 2017, 19:17
1 Oh, thank you very much, I really didn't know that! Thank you And duty free there normal, with good range? And they say that wine is normal neither in Indonesia nor Malaysia is not( what the price, about as usual in the duty free? Thanks in advance for the information ...
admin 11 Oct 2017, 04:43
1 Duty-free in a great new airport, I am sure, will find them. Wine in Malaysia outside dutikov in principle is better not to buy, as well as other alcoholic beverages, as prices because of duties just great, with the exception of duty-free Langkawi where alcohol is not taxed. About the price is not exactly prompt, but IMHO, they are about the same everywhere. ...
mimi_masha 23 Oct 2017 10:23 am
1Спасибо a lot for useful article! Wanted to ask whether in Malaysia their "national" sweets or just snacks that you can bring home as Goodies? ...
admin 23 Oct 2017, 11:29
1 mini Hello masha! Something many do not try to remember anything from sweets and desserts, and failed. Or rather, I don't want to say that there is nothing there. But to remember something to bring home, this is not. Besides, for my taste the desserts and sweets were not very tasty, too bland in my opinion. But I will go there in any major store, you will find something. ...
Frolovskiy 20 Dec 2017, 09:12
1Подскажите, please is there any Commission/fee for the exchange of travel cheques in KL? If so, what kind? ...
admin 20 Dec 2017, 09:45
1 the Commission does not depend on the country, and from the exchange. Here http://www.aetclocator.com/TCLocator/search.do?lang=ru can specify a city for sharing, the map will display the nearest locations, and for each you can see the conditions up to specify the size of the Commission. ...

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