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Where can I use Malaysian Ringgit?

You can use the Malaysian Ringgit in Malaysia. Unofficially, you can also use the Malaysian Ringgit in the following countries:

  • Indonesia
  • Philippines 
  • Thailand
  • Vietnam 
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How much spending money do I need for Malaysia?

Malaysia is a wonderful place to explore, with its warm and welcoming population, diverse landscape and incredible wildlife. There is an almost overwhelming amount to experience, but fortunately Malaysia’s cost of living is so low that your budget shouldn’t prevent you from doing any of it!

Product / service

MYR

Cost in GBP

Bottle of water

RM 1.30

£0.25

Local coffee

RM 10.50

£2

Imported beer

RM 15

£2.80

Big Mac

RM 9

£1.70

3-course meal for two

RM 60

£11.20

Budget your Malaysia trip

Malaysia is made up of 13 states, with 11 on the main peninsula and two on the island of Borneo. Away from its metropolitan hub, Kuala Lumpur, rural villages and temples are dotted through vast forests and over mountain ranges like the Titiwangsa Mountains, which divide the peninsula’s east and west coasts. Along these coasts you’ll find pristine beaches, like Pulau Tiga, and vast unexplored cave systems like the Merapoh caves. Further inland you can explore dense rainforests teeming with life, like Taman Negara or Maliau Basin in Sepilok

Although Malaysia’s conservation efforts are sometimes hindered by its political climate, responsible tourism programmes continue to operate across the country. These can show you some of nature’s most spellbinding creations: you might see orangutans, proboscis monkeys and even the endangered Malaysian tiger in its natural habitat. 

Malaysia brings together a population as diverse as its geography. With Malay, Indian, Chinese and many smaller ethnic groups having mixed for generations, it is rightly called a cultural melting-pot - one that has produced bustling traditional markets like the Batu Ferringhi night market in Penang, architectural wonders like the Petronas Towers, some of the world’s most beautiful golf courses (like the Mines, a course on the site of a disused tin mine), and a huge range of culinary delights. Make sure you try an apam balik, a wonderfully comforting traditional pancake, before you leave.

Low budget

Medium budget

High budget

Overall budget (per day): 

100 RM

(£18.50)

Overall budget (per day): 

400 RM

(£75)

Overall budget (per day):

1480 RM

(£277)

Food, drink and accommodation in budget:

  • Hostel dorm bed: 38 RM
  • Water, breakfast, lunch and dinner at supermarkets / local restaurants: 32 RM
  • Two local beers: 30 RM

Food, drink and accommodation in budget:

  • Hotel room: 186 RM
  • Coffee, two large bottles of water, breakfast, lunch and dinner at mid-price local restaurants: 64 RM
  • Two local beers: 30 RM

Food, drink and accommodation in budget:

  • Hotel room: 375 RM
  • Two coffees, two large bottles of water, breakfast, lunch and dinner at upscale local restaurants: 142 RM
  • Bottle of wine and two cocktails: 130 RM

Activities in budget:

  • Trek Through Penang National Park (free)
  • Visit Perdana Lake Gardens (free)
  • Climb up Batu Caves (free)
  • Picnic in KLC park (free)

Activities in budget:

  • Visit Sepilok Orangutan Rehabilitation Centre: 30 RM
  • Explore Kek Lok Si Temple: 5 RM
  • Travel on Langkawi Cable Car and SkyCab: 85 RM

Activities in budget:

  • See KL from the Sky Deck of the Menara KL: 99 RM
  • Telaga Tujuh waterfall tour: 320 RM
  • Tour Kuala Gandah National Elephant Conservation Centre: 412 RM
Wallet

What denominations do Malaysian Ringgits come in?

The Malaysian Ringgit comes in the following denominations:

Notes

RM1, RM5, RM10, RM50, RM100

Coins

sen5, sen10, sen20, sen50

Buy Back

Leftover Malaysian Ringgit

No problem. We'll buy back leftover Malaysian Ringgit  at excellent exchange rates, leaving you with more cash in your pocket (and a tidier desk drawer).

 

Malaysian Ringgit FAQs

What currency is RM?

RM is the currency symbol for the Malaysian ringgit, the currency of Malaysia. The currency was previously called the Malaysian dollar and its currency code is MYR. 

Can I use US dollars in Malaysia?

US dollars are not usually accepted by Malaysian businesses, but can be easily exchanged at banks and currency exchange vendors. Major hotels accept foreign currency in the form of notes and traveller’s cheques. 

Do I need cash or card in Malaysia?

A combination of cash and card is often most useful in Malaysia. Cash is most commonly used throughout the nation and powers its economy. However travellers can find that carrying large amounts of cash is inconvenient, and many businesses in urban areas accept major credit and debit cards. 

Currency exchange kiosks often offer favourable rates but can charge high fees, as well as being known for the occasional scam. Many travellers rely on banks and ATMs for their cash withdrawals, but these can often entail high fees - and aren’t immune to scame either. To make sure you’re not stranded without cash, we recommend exchanging GBP for MYR in advance of travel.

Should you use an ATM in Malaysia?

ATMs can be found in many locations in Malaysia, primarily tourist areas. Look for ATMs attached to banks, which are not only safer than those on the street, but more reliable too. 

What language do they speak in Malaysia?

Malay is the official language of Malaysia. It is also known as Malaysian, Bahasa Malaysia or Bahasa Melayu, with 10 different major dialects across the country.

Is Malaysia safe?

Malaysia’s tourist areas are very safe, and its crime rate is relatively low. As with many countries, pickpocketing is fairly common in tourist areas so you’ll want to keep possessions close. Straying off the beaten path - visiting some of the smaller islands for example - can put you at a much higher risk, so it’s not advisable to do that without some thorough planning.

How do you travel around Malaysia?

Domestic flights in Malaysia are relatively cheap and can provide a very efficient means of island-hopping. On land, especially the main peninsula, travel by bus is most common. 

Do you need a visa for Malaysia?

British citizens do not need a visa to travel to Malaysia.

How much should you tip in Malaysia?

Tipping is not an embedded part of Malaysian culture, so most service-industry businesses don’t expect it. However if you have received exceptional service, tips will be welcomed. At high-end hotels and restaurants, tipping is more normalised and may be more expected.

Read up before you go