When travelling to Malaysia on vacation or business, managing currency is one of the most important details to consider for a smooth travel experience. Malaysia’s currency is the Malaysian ringgit, represented by the code MYR or the RM symbol on price tags. Here are a few tips to follow when dealing with transactions and payments in Malaysia.
Learning the Rates
Familiarising yourself with exchange rates before arriving in the country is the best way to understand what your local currency is worth. You can use an online currency converter to learn the current rate.
Using ATMs
Many of Malaysia’s cities and tourist hotspots have ATMs that accept all major card networks. However, if you are staying at hotels like Avani Sepang Goldcoast Resort and plan to visit more remote locations, you may not find as many ATMs in such areas.
Making Card Payments
Credit and debit card payments are commonly accepted in urban areas and tourist destinations in Malaysia. Using a card is one of the most convenient ways to handle transactions, particularly at larger malls, since shopping is one of the most popular things to do in Sepang and other tourist areas in the country.
Using the Wise Debit Card
Another great alternative to debit and credit cards is the Wise Malaysian ringgit travel money card. This allows you to top up your local currency and then switch to Malaysian ringgit when you’re in the country. You get your Wise debit card online and use it at the most current mid-market exchange rate.
