Buy Malaysian currency online to get our best AUD to MYR exchange rate. Collect in store or have delivered to your door. Zero commission when buying currency online.
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.
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, at the airport before you fly, or get it delivered to your home!
1. Click the ‘Buy ringgit Now’ button below
And tell us how much you need for your trip.
2. Choose how to get it
Get your currency home-delivered or choose to collect at more than 3,600 pick up locations.
3. Pay online
Simply pay using either your debit card (recommended) or credit card and you’re all set!
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 ringgitts for your trip to Malaysia.
Why are there two currency codes for Malaysian ringgit?
The international currency code for Malaysian ringgit is MYR. However historically the Singapore and Brunei dollars were also referred to as ‘ringgit’. In order to differentiate the Malaysian ringgit from the other two, the currency can also be referred to as Ringgit Malaysia, which is then abbreviated to RM.
Can you use US dollars in Malaysia?
Certain larger businesses such as hotels may take US dollars as a form of payment. You can also take US dollars to Malaysia and exchange these into Malaysian ringgit once you get there.
Can I use Malaysian ringgit in Borneo?
If visiting Borneo you can use Malaysian ringgit, Brunei dollars or Indonesian rupiah. If visiting the Malaysian region of Borneo (the island is politically divided among Malaysia, Indonesia and Brunei), it will be more likely that Malaysian ringgit would be accepted as a form of currency.
*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.
^^Based on mid-market and Travelex Online AUD to FX exchange rates as of the date of the relevant social media post and/or email communication. Rates are subject to change throughout the day. Any rates and savings are quoted as a guide only.
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