Buy Malaysian Ringgit (MYR)

Buy Malaysian Ringgit with Asda Travel Money. To help your Ringgit go further in Malaysia, we’ll beat any competitors within 5 miles with our Price Promise Free home delivery on orders over £500. You can even pick up your currency on the same day you order. Subject to availability.

Malaysia is a stunning country with so much to see and do. You can climb to the top of the Petronas Twin Towers to take in the views of Kuala Lumpur, swim in the azure ocean at the Perhentian Islands, or visit the beautiful Batu Caves.

 

Whatever you plan to do on your trip to Malaysia, you’ll need enough currency to make the most of your visit. Buy Malaysian Ringgit online or visit one of our Asda Travel Money bureaux for same-day service. Subject to availability.

 

Click and Collect your Malaysian Ringgit from a store near you

 

Buy your Malaysian Ringgit online with Asda Travel Money and select Click & Collect to pick up your currency at one of our many selected Asda stores. It’s quick and easy. You can even collect your currency while doing your weekly shop!

 

Our pound (GBP) to Ringgit (MYR) Exchange Rate Price Promise

 

Asda Travel Money is committed to giving you a competitive deal when exchanging sterling GBP for Malaysian Ringgit. When you buy Malaysian Ringgit with us, with our Price Promise we’ll beat the exchange rate of any competitors within 5 miles.

 

We also offer a Buy Back Promise. If you return from Malaysia without having spent all of your ringgit, we’ll convert it back to pounds (bank notes only) at the original transaction exchange rate (up to a value of £250). T&C’s apply.

 

If you need to get your Malaysian Ringgit in a hurry, we offer next-day delivery on foreign currency orders over £500 too.

 

Should I buy Malaysian Ringgit now or wait?

 

It’s always a good idea to buy your currency before you leave the UK to make the most of your pounds. You’ll likely be offered less competitive exchange rates when in Malaysia, especially around tourist sites and in airports.

 

While you can withdraw Malaysian Ringgit directly from ATMs throughout Malaysia, and debit and credit cards are widely accepted, you likely won’t be given a good exchange rate. And you might be charged a transaction fee.

 

Just like sorting out your travel insurance, buying your travel money before you fly saves you unnecessary stress while you’re on holiday.

 

What countries use the Malaysian Ringgit?

 

The Malaysian Ringgit (MYR) – often abbreviated to RM – is the official currency of Malaysia and is only used within Malaysia.

 

While you may be able to use other currencies in Malaysia, like US dollars at some limited locations – you shouldn’t expect to. It’s sensible to convert British pounds to Malaysian Ringgit before you travel.

 

Ringgit banknotes and coins

Notes

 

One Malaysian Ringgit is divided into 100 Sen. There are currently six banknotes used in Malaysia[1]:

 

  • 1 ringgit
  • 5 ringgits
  • 10 ringgits
  • 20 ringgits
  • 50 ringgits
  • 100 ringgits

 

Coins

 

Four different coins are in circulation[2]:

 

  • 5 sen
  • 10 sen
  • 20 sen
  • 50 sen

 

How much do things cost in South Malaysia?

 

When on holiday in South Malaysia, you can expect to spend on average:

Three reasons to love Asda Travel Money:

  • 1. Price Promise

    If you find a better exchange rate within 5 miles of one of our travel money bureaux, we’ll beat it with our Price Promise.

  • 2. We Buy Back Your Travel Money

    Stop by our travel money bureau and we’ll buy back your unused travel money. Even if you didn’t buy your travel currency from us, we’ll exchange it back commission free.

    Our Buy Back Promiselets you sell back your MYR at the same rate for just £2.99

  • 3. Same Day Travel Money Service

    Left it till the last minute? Don’t worry, simply swing by one of our travel money bureaux and take advantage of our same day travel money on popular currencies, subject to availability.

Common Ringgit Questions

 

How much is 1 GBP in Malaysian Ringgit?

 

Currently, £1 is worth approximately 5.6 Malaysian Ringgit*.

 

*Rates taken from Asda foreign exchange calculator. At time of publishing – July 2024. For the most up to date exchange rate, please see our calculator at the top of the page.

 

What is the best currency to take to Malaysia?

 

The best currency to take to Malaysia is its official national currency, the Malaysian Ringgit. While some other currencies may be accepted in limited locations, the Malaysian Ringgit will be accepted everywhere. You can exchange your pounds for Malaysian Ringgit with Asda Travel Money before you leave for Malaysia. 

 

Should you take cash to Malaysia?

 

Cash is widely used throughout Malaysia, and it can be more cost-effective than using your debit or credit cards. By using cash, you’ll avoid transaction fees, and you’ll likely get a better exchange rate if you buy your Malaysian Ringgit in the UK. You can also withdraw Ringgit from ATMs in Malaysia, but again, this is usually more expensive as you may incur additional fees.

 

Is GBP accepted in Malaysia?

 

British pounds are not accepted in Malaysia in all but a few, rare circumstances. You will be able to exchange pounds for Malaysian Ringgit when you’re in Malaysia, but you may not get as good an exchange rate as you would at home.

 

Do you tip in Malaysia?

 

Tipping isn’t common in Malaysia, and in most cases you won’t be expected to. Some restaurants, however, may add a surcharge to your bill. And if you do experience particularly good service, a tip will be appreciated [9].

 

Before you run off to Malaysia, remember to pick up your holiday money at Asda

[1] [2] malaysia.gov

[3] [4] [5] [6] numbeo.com

[7] booking.com

[8] viator.com

[9] tripmasters.com

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