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Currency, Kuala Lumpur

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Kuala Lumpur Travel Guide


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Currency, Kuala Lumpur
See all Kuala Lumpur Local Customs
Malaysian money - Kuala Lumpur
Malaysian money
by Umea6
Kuala Lumpur Local Customs: Travel tips and advice posted by real travelers and Kuala Lumpur locals.
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  • The ringgit is the currency of Malaysia and is also known as the Malaysian dollar. 1 dollar equals 100 cents. You can change money and travellers cheques at banks and moneychangers. Hotels which can change money are not usually as good on their rates as banks. Credit cards are usually accepted in hotels and department stores. Cash however, is needed in the rural areas. Banks are usually open from 10 a.m. up to 3 p.m. from Monday to Friday and 9.30 a.m. up to 11.30 a.m. on Saturdays.

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    Currency: The unit of currency is the RM
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  • The unit of currency is the Malaysian Ringgit indicated as RM. RM1 is equivalent to 100 cents. Coins are issued in denominations of 1, 5, 10, 20, 50 cents and RM1. Currency notes are in RM1, 2, 5, 10, 20, 50 and 100. Foreign currency and traveler's checks can be converted to Malaysian Ringgit at banks or authorised money changers.

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    Currency: Ringit
    You will need plenty of ringits, because there are endless oportunities to spend them. All major credit cards are accepted at hotels and shops, but only cash is accepted at small street vendors, chinatown market,....

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