| Malaysia
Malaysian
Ringgit = 100 sen. Notes are in denominations
MYR100, 50, 10, 5, 2, 1
To
view images and descriptions of all these
denominations [click
here]
Currency
Import/Export Restrictions:
The
import and export of local currencies is
limited to MYR1,000.
The
import of foreign currencies is free
The
export of foreign currencies is limited
to the equivalent of MYR10,000, more if
it was declared on entry; except for Israeli
and Yugoslavian, which require permission
of the controller of foreign exchange. Permission
is needed for the import or export of Malaysian
notes by post and for the export of foreign
notes by any other means.
[Click
Here] for more information on doing
a money transfer to Malaysia.
Currency
Exchange:
Major
hotels and larger establishments readily
accept currencies such as US Dollars, Pounds
Sterling, Euros, Japanese Yen, and Australian
Dollars. Travelers checks are accepted at
banks, hotels, and large department stores.
However, to avoid exchange rate charges,
carry travelers cheques in Pounds Sterling,
US Dollars, or Australian Dollars. Foreign
currencies can be readily exchanged to local
currency at a bank or moneychanger. It is
difficult to exchange Malaysian money outside
of Malaysia, Singapore or Indonesia.
Credit
Cards:
Major
credit cards such as American Express, Mastercard,
Visa and Diners Club are generally accepted
at hotels, shopping centres and larger restaurants.
Banks:
Banking
hours in Malaysia are generally Monday to
Friday from 09:30-15:00, Saturdays from
09:30 to 11:30. Banks in Sabah open at 08:00
and break for lunch between 12:00-14:00.
Exchange
Rate History:
| Date
|
MYR
Rate |
| 01/01/02
|
5.380 |
| 01/01/03
|
5.940 |
01/01/04
|
6.613 |
| 01/01/05
|
7.286 |
| 01/01/06 |
6.327 |
A rough guide to the tourists rates for
the Malaysian Ringgit since the beginning
of 2002.
-View
Malaysian Ringitt exchange Rate-
-Order
Malaysian Ringitt-
-Register
for an International money transfer To Malaysia-
|
