Buy Malaysian Ringgit (MYR) | AUD to MYR Exchange Rate Today

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Travel Money Oz is one of Australia's largest dedicated currency exchange specialists, selling Malaysian Ringgit (MYR) cash across 90+ stores nationwide and online, with no fees or commission on your order. If you find a better published cash rate from an Australian competitor, our Price Beat Guarantee means we'll beat their overall transaction price by at least $1 AUD. That's competitive rates, guaranteed.

Order Malaysian Ringgit online for same-day click & collect in about an hour, or home delivery in about 3 hours within 25km of selected stores. Prefer to browse in person? You can buy ringgit in-store any day of the week.

Best Place to Buy Malaysian Ringgit in Australia

Planning a trip to Kuala Lumpur, relaxing on the beaches of Langkawi, or exploring the street food capital of Penang? You'll need Malaysian Ringgit (MYR) before you go. Travel Money Oz makes it easy to get your ringgit sorted before you fly, with online ordering available 24/7 and 90+ stores across Australia for in-person purchases.

Unlike banks, we charge no fees or commission. No surprises at the counter, and no hidden fees to factor in. With our Price Beat Guarantee, if you spot a better deal elsewhere, we'll beat it.

Where to Buy Malaysian Ringgit Near Me

With 90+ Travel Money Oz stores in shopping centres, CBD spots, and major suburbs, there's likely one close to you. Use the store finder to check your nearest location, opening hours, and contact details before you visit.

All Travel Money Oz stores stock Malaysian Ringgit daily as part of our In Stock Promise. If MYR isn't available when you arrive, you'll get $10 AUD off your order and we'll have your currency ready within a week.

Find your nearest store

How to Buy Malaysian Ringgit — Online or In-Store

💻 Order online for click & collect: place your order online, choose your nearest store, and your MYR cash will be ready to collect in about an hour. Pay securely at checkout and pick up at your convenience.

🚚 Order online for home delivery: prefer your cash delivered? Select home delivery at checkout. Orders are typically delivered within about 3 hours to addresses within 25km of selected stores.

🏪 Buy in-store: walk into any Travel Money Oz store and buy Malaysian Ringgit on the spot. No order required. All stores stock MYR daily.

How to order:

Check the live AUD to MYR rate above
Enter the amount you want to buy
Choose click & collect or home delivery
Complete your secure online order
Collect your MYR cash or receive it at home

Price Beat Guarantee on Malaysian Ringgit

Travel Money Oz offers a Price Beat Guarantee on in-store MYR purchases. If you find a better deal, here's how it works:

Find a better published cash rate from an Australian-registered competitor, in-store or online.
Make sure it's for foreign currency notes (buying or selling), in stock, and ready to transact on the same day.
Bring the official written quote or published price to a Travel Money Oz store on the same day, with collection available within 30km of our store.
We'll beat their overall transaction price, including all fees and charges, by at least $1 AUD.

Applies to transactions up to $5,000 AUD equivalent. If we can't beat it, you'll receive $100 AUD loaded onto a Travel Money Oz Currency Pass (or a voucher if Currency Pass is unavailable).

Price Beat Guarantee applies to in-store MYR cash purchases only. Excludes Currency Cards and derivative products. Terms and conditions apply.

Cash rate

Buy online

Card rate

Code

MYR

Symbol

Coins

5, 10, 20, 50 sen

Banknotes

RM1, RM5, RM10, RM20, RM50, RM100

Order Malaysian Ringgit Online for Home Delivery

Skip the last-minute stress and get your ringgit sorted before you fly. Order MYR online for home delivery and your cash will be delivered straight to your door within about 3 hours to addresses within 25km of selected stores. Whether you're heading to Kuala Lumpur, Penang, Langkawi, or Borneo, arriving with Malaysian Ringgit in hand makes the first day significantly easier.

Order Malaysian Ringgit Cash Online for Pickup

Prefer to collect in person? Order Malaysian Ringgit online for click and collect at one of 90+ Travel Money Oz stores across Australia. Your MYR cash will be ready in about an hour, making it ideal for last-minute travel prep. Lock in your AUD to MYR rate ahead of time and collect at a time that suits you, with no airport markups or surprise fees.

Same Day Delivery Foreign Cash

Order your MYR online and have it delivered straight to your home or office.

Order Same Day Delivery

Click and collect Foreign Cash

Reserve your MYR online and pick it up at a convenient Travel Money Oz store near you.

Reserve Now, Collect In-Store

Load a Currency Pass Travel Money Card

Load AUD on your card and it’ll convert to MYR as you pay! No hidden fees, just the daily Currency Pass spend rate. T&Cs apply.

Load Your Travel Money Card

MYR to AUD — Convert Leftover Malaysian Ringgit

Just back from Malaysia with leftover ringgit? Travel Money Oz makes it easy to convert MYR to AUD at competitive rates, with no hidden fees. With 90+ stores across Australia, just drop in and sell your Malaysian Ringgit in person. It's a fast, straightforward way to turn your leftover travel money back into Australian dollars.

Get more value with our Buy Back Bonus

If you originally bought your Malaysian Ringgit from Travel Money Oz, you could be eligible for our exclusive Buy Back Bonus. Just bring in your unused MYR and we'll add a little extra when converting it back to Aussie dollars. It's our way of rewarding travellers who planned ahead.

Buy Back Bonus applies to in-store cash purchases only. Terms and conditions apply.

All about Malaysian currency

How to save money for your Malaysian adventure

Here are some tips to help make the most of your adventure:

Malaysia is one of the best-value destinations in Southeast Asia for food. Eat at hawker centres and mamak stalls for incredible nasi lemak, char kway teow, roti canai, and laksa at a fraction of what you'd pay in a restaurant. Penang and KL are particularly famous for street food.
Public transport in Kuala Lumpur is affordable and efficient. The LRT, MRT, and monorail systems cover most of the city. Outside KL, local buses and Grab (the regional rideshare app) are the easiest way to get around.
Malaysia has different monsoon seasons affecting different coasts, so the best time to visit depends on where you're going. Check seasonal weather for your specific destination before booking.
Don't miss the free stuff. KLCC Park in Kuala Lumpur, the street art of George Town in Penang, and Cameron Highlands' tea plantations are all accessible at little or no cost.
Cash is essential in Malaysia, particularly at hawker centres, markets, and smaller businesses outside major cities. Cards are accepted at hotels and larger retailers, but most everyday spending is cash-preferred.
Convert AUD to MYR with Travel Money Oz for competitive rates that make every ringgit go further.

Malaysian Ringgit notes and coins

Banknotes: RM1, RM5, RM10, RM20, RM50, RM100

Coins: 5 sen, 10 sen, 20 sen, 50 sen

Note: the 1 sen coin was discontinued on 1 April 2008. All cash transactions are rounded to the nearest 5 sen.

Each banknote features the first Yang di-Pertuan Agong (Malaysia's first King) on the front. The reverses showcase Malaysian heritage, including iconic landmarks and cultural imagery.

Fun facts about Malaysian banknotes

The word "ringgit" comes from the Malay word for "jagged," referring to the serrated edges of Spanish silver dollars that circulated widely in the region during colonial times.
The Malaysian Ringgit was introduced on 12 June 1967 as the "Malaysian dollar," replacing the Malaya and British Borneo dollar. It was officially renamed to "ringgit" on 28 August 1975.
The RM500 and RM1,000 notes were discontinued in 1996 as an anti-money laundering measure. The highest circulating denomination is now RM100.
Malaysian coins feature symbols of national heritage, including the hibiscus (Malaysia's national flower) and the Rafflesia, also known as the "corpse lily," the largest flower in the world.

Travel Money Trivia - Malaysian edition

"Ringgit" is the Malay word for "jagged," and the currency's full formal name is Ringgit Malaysia, which is why the symbol is RM rather than just R.
Before August 1975, the currency was officially called the "dollar" in English and the "ringgit" in Malay. Some Malaysians still casually refer to their currency as "dollars" in everyday conversation.
A commemorative polymer RM50 note was released for the 1998 Commonwealth Games held in Kuala Lumpur. It's now a sought-after collector's item.
The first generation of Malaysian banknotes is today worth far more than printed face value. A complete set was sold at auction for over £100,000 in 2007.
In 2006, the Malaysian state of Kelantan issued its own gold dinar coins as a parallel currency, though the Malaysian Ringgit remains the only legal tender throughout the country.

What is the currency of Malaysia?
The official currency of Malaysia is the Malaysian Ringgit, abbreviated as MYR and symbolised as RM (Ringgit Malaysia). It's used throughout the country for all everyday transactions.
Malaysia does not have a "dollar" currency. The ringgit was previously called the "Malaysian dollar" in English until 1975, when it was officially renamed. If you've searched for "Malaysian dollar," you're looking for the ringgit.
Banknotes come in RM1, RM5, RM10, RM20, RM50, and RM100 denominations. Coins come in 5 sen, 10 sen, 20 sen, and 50 sen.
What does RM mean in Malaysian currency?
Do I need cash in Malaysia?
Yes. While cards are accepted at larger hotels, shopping malls, and chain restaurants, cash is important throughout Malaysia for:
- Hawker centres and mamak stalls (the heart of Malaysian food culture)
- Local markets, street food, and small shops
- Taxis and local transport outside Kuala Lumpur
- Island transfers, rural areas, and smaller towns
Most travellers carry a mix of ringgit for everyday spending and a card for larger purchases. Having MYR in hand from arrival makes getting around significantly easier.
Can I use Australian Dollars in Malaysia?
Where can I buy Malaysian Ringgit in Australia?
You can buy Malaysian Ringgit (MYR) cash at any of Travel Money Oz's 90+ stores across Australia. No booking required, just walk in. All stores stock MYR daily as part of our In Stock Promise.
Prefer not to leave home? Order Malaysian Ringgit online for same-day click & collect in about an hour, or home delivery within about 3 hours to addresses within 25km of selected stores.
Find your nearest store
Where is the best place to buy Malaysian Ringgit near me?
Travel Money Oz has 90+ stores across Australia in major shopping centres, CBDs, and suburbs, making it one of the most accessible places to buy MYR cash in person. Use the store finder to locate your nearest store, check opening hours, and confirm contact details before you visit.
Prefer to order from home? Order Malaysian Ringgit online for click & collect in about an hour, or home delivery within about 3 hours to addresses within 25km of selected stores.
What is the best place to buy Malaysian Ringgit in Australia?
A dedicated foreign currency specialist will almost always offer a better deal than a bank, post office, or airport exchange. Here's how the options compare:
- Banks typically charge transaction fees on top of a less competitive rate.
- Post offices offer limited currency options and variable rates.
- Airport exchanges are the most expensive option. Buy before you travel, not after you land.
Travel Money Oz charges no fees or commission on MYR cash purchases, offers a Price Beat Guarantee on in-store purchases, and stocks Malaysian Ringgit every day across 90+ stores as part of our In Stock Promise. You can also order Malaysian Ringgit online for same-day click & collect or home delivery.
Is it better to buy Malaysian Ringgit in Australia or Malaysia?
It's almost always better to buy Malaysian Ringgit in Australia before you travel. Airport exchanges at KLIA and tourist-area money changers typically offer less favourable rates and higher fees. Sorting your MYR before you leave also means you arrive financially prepared, with cash ready for transport, food, and immediate expenses from the moment you land.
Travel Money Oz offers competitive AUD to MYR rates, no fees or commission, and same-day online ordering with click & collect or home delivery. Find your nearest store if you'd prefer to buy in person.
Will there be Malaysian Ringgit in stock today?
How do I convert leftover Malaysian Ringgit back to AUD?
How much spending money do I need for Malaysia?
Malaysia is one of the best-value destinations in Southeast Asia for Australian travellers. Costs are significantly lower than in Australia across food, transport, and accommodation. As a rough guide:
- Budget travellers staying in hostels and eating at hawker centres typically spend AUD $30–$50 per day.
- Mid-range travellers average AUD $60–$100 per day once accommodation, restaurant dining, and activities are factored in.
- Luxury resorts and island getaways in Langkawi or Borneo can run AUD $200–$400+ per day.
Worth noting: Malaysia's incredible street food is so affordable that eating well on a budget is genuinely easy. A full meal at a hawker centre can cost as little as RM5–RM10 (around AUD $3–$6 at current rates).
Use the Travel Money Oz Holiday Budget Calculator below to build a more accurate estimate. Ready to buy? Order Malaysian Ringgit online.