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Welcome Malaysia
Malaysia currency
The currency comes in the form of both notes and coins. Ringgit banknotes
are issued in the following denominations RM1, RM2, RM5, RM10, RM50 and
RM100 while coins are issued in one sen, five sen, 10 sen, 20 sen, 50 sen
and RM1 denominations.(Currency converter)
Foreign currency and traveler's cheques can be converted into Ringgit at
banks or authorized moneychangers throughout the country.
Resident travelers are allowed to carry into and out of the country any
amount not exceeding RM1,000 per person and also export foreign currency
not exceeding the equivalent of RM10,000 per person.
Those who are carrying in excess of these - when entering or leaving the
country - are required to obtain permission from the Controller of Foreign
Exchange and declare in the Traveler's Declaration Form the exact amount
of Ringgit carried. Approval is usually given within one day of
application.
Non-residents are allowed to bring in any amount of foreign currency
(including traveler's cheques). However, declaration in the Disembarkation
Card issued by the Immigration Department is required when an amount in
excess of US$2,500 is brought into the country.
Non-residents must also obtain permission and declare Ringgit exceeding
RM1,000 when leaving or entering the country.
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Malaysia information in Brief |
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