Traveling to Malaysia, the problem of exchanging currency

Updated on tourism 2024-02-25
8 answers
  1. Anonymous users2024-02-06

    1.There is a money changer at the airport, which can be exchanged, but the exchange rate is not very good, so change less. The exchange rate is at 100:

    Around 47-48, you can change to 100:50 or above at May Bank in KL city or Langkawi Airport (this is the middle of last month**).

    2.Pretty much the same, when I went there in May, I changed it at the May Bank at Langkawi Airport (turn left after exiting the inspection gate), and the exchange rate for US dollars and RMB was basically the same, both at 100:50.

    So it's a little more convenient to bring the RMB directly.

    3.Because it was an independent trip, I didn't change it. It's not easy to find a guide you don't know, and there is no need to take risks if you miss a few dollars.

    Tips: Even if you exchange money at May Bank, you can bargain. At that time, the price was 100:, and then I bargained to 100:50, so I could calculate it

  2. Anonymous users2024-02-05

    I could only exchange 100 yuan for about RM48 at the Malaysian airport in May, and I could exchange it for about 51 in the city.

    Compare a few more places to exchange money, the exchange rate will be quite far away, and I personally think it is the most cost-effective to exchange in the city. I haven't heard of the bargain upstairs.

    If you want to only go to Malaysia, you can bring RMB, and you will lose some money if you exchange US dollars, and I will lose at least 106 yuan when I exchange US dollars for 12,000 RMB.

  3. Anonymous users2024-02-04

    1. There is a currency exchange office at KLIA at Kuala Lumpur Airport. But the airport exchange rate is always the lowest. About 100 RMB to 50 ringgit.

    2. If it is a tour, the cost should not be particularly large, there is no need to toss it to change it to US dollars first, and it is more convenient to bring RMB.

    3. Recently, the RMB exchange rate is very low, the highest is 100:54 some time ago, and the average water product is also 100:, but the last 2 weeks are, even, these are the exchange rates in the urban area.

    At the airport, you may have to reduce a few dollars.

    If you change with a tour guide, you only need to see if there is an airport with a high exchange rate to know whether it is cost-effective.

    Generally, it is more cost-effective, because the airport exchange rate is low, the tour guide just makes a difference, and you also exchange it higher than the airport, a win-win situation.

  4. Anonymous users2024-02-03

    Malaysia's currency is called the ringgit Malaysia and is issued by Bank Negara.

    Malaysia** officially states that its currency name is ringgit. In Malay, ringgit originally means "tooth", and it is named because Spanish silver coins were very popular in Southeast Asia and have toothed shapes around them. Another theory is that the word "ringgit" comes from the Hokkien pronunciation of the word dragon silver.

  5. Anonymous users2024-02-02

    The currency used in Malaysia is the Malaysian ringgit.

    Malaysian Ringgit (Malay: ringgit malaysia; English: Malaysian Ringgit), is the legal tender of Malaysia and the currency of some countries, the International Organization for Standardization 4217 international standard** is MYR, and the currency symbol is RM.

    It is issued by Bank Negara Malaysia.

    On July 21, 2005, it was announced that the fixed exchange rate system between the Malaysian ringgit and the US dollar that had been implemented seven years ago would be abolished, and a managed floating exchange rate mechanism (managed float) would be implemented to decouple the Malaysian ringgit from the US dollar.

  6. Anonymous users2024-02-01

    You can go to the ATMs of banks in Malaysia to exchange ringgit, and there are four major banks in Malaysia ATMs that support UnionPay withdrawals, specifically: Hong Leong Bank, Public Bank, RH Bank, and May Bank.

    When withdrawing money from ATMs in Malaysia, it should be noted that the maximum amount of cash withdrawn is RM1,000, and the bank to which the ATM belongs will charge a handling fee of RM12 per transaction, and the card issuer will also charge a handling fee of varying amounts.

  7. Anonymous users2024-01-31

    Malaysian ringgit.

    Malaysian Ringgit (Malay: ringgit malaysia; English: Malaysian Ringgit), is the legal tender of Malaysia and the currency of some countries, the International Organization for Standardization 4217 international standard** is MYR, and the currency symbol is RM.

    It is issued by Bank Negara Malaysia.

    On July 21, 2005, it was announced that the fixed exchange rate system between the Malaysian ringgit and the US dollar that had been implemented seven years ago would be abolished, and a managed floating exchange rate mechanism (managed float) would be implemented to decouple the Malaysian ringgit from the US dollar.

  8. Anonymous users2024-01-30

    Malaysia uses ringgit, which is customarily called the ringgit.

    The Malaysian ringgit is the legal tender of Malaysia and the currency of some countries, the International Organization for Standardization 4217 international standard** is MYR, and the currency symbol is RM. The official Chinese unit in Malaysia is Ringgit. It is issued by Bank Negara Malaysia.

    On July 21, 2005, it was announced that the fixed exchange rate system between the Malaysian ringgit and the US dollar that had been implemented seven years ago would be abolished, and a managed floating exchange rate mechanism would be implemented to replace it, so that the Malaysian ringgit would be decoupled from the US dollar, and the Malaysian ringgit would float according to the exchange rate of a basket of currencies, that is, the ringgit could float freely within the range, and in the event of violent fluctuations, the central bank of Malaysia could intervene immediately.

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