Going to beautiful Malaysia, you need to know what kind of currency is used in this state. The national currency of Malaysia is the ringgit. The exchange rate of the ringgit currency is quite stable in relation to world currencies. But, obviously, it always changes. Therefore, it is necessary to find out the exact course, at least before traveling to the country, in order to somehow plan your budget. All over the country at this time, notes are issued in denominations of 1, 5, 10, 20, 50 and 100 Malaysian ringgits, and coins in 1, 5, 10, 20 and 50 sen. RM and MYR are international currency designations.
An interesting fact: on all banknotes, the obverse is an image of a portrait of Tuanku Abdul Rahman, the first supreme ruler.
What currency to take to Malaysia
The best exchange option is a regular dollar. At the same time, euros, baht (the currency of Thailand) and British pounds sterling are also easily exchanged everywhere. Therefore, it is possible to give preference to these particular currencies, although it will be possible to exchange another currency, for example, the ruble.
The import of currency into Malaysia has no restrictions.
Currency exchange in Malaysia
Special exchange offices are best suited for currency exchange in Malaysia, because exchange at the local airport may not be very profitable. Often there are situations when you cannot do without local currency, so you can exchange a small part at the airport, but it is still better to change larger amounts in exchange offices as needed. It should be borne in mind that in many exchange offices of the country the rate for small bills is much lower than for large bills of 50 and 100 dollars. Exchange offices indicate their opening hours. Most often, they start their work only at 10 am.
Banks in the country are closed on the first Saturday of every month. The usual working hours of banks in the majority of the territory of the state: weekdays from 9:30 to 16:00, Saturday from 9:30 to 11:30, Sunday is a day off.
Credit cards
Money in Malaysia can be withdrawn from a credit card using ATMs. If you are going to stay in the countryside, then you need to take care of cash withdrawals while still in the city.
Please note that Asian countries are very risky in terms of the use of plastic cards. quite often they are blocked (especially in Malaysia).
