The Malaysian currency is the ringgit, informally known as the dollar (the "$" symbol can be seen on older notes) and abbreviated RM or MYR, is divided into 100 sen. There are coins of 5, 10, 20, and 50 sen as well as bills of RM1, 2 (rare), 5, 10, 50 and 100. 5 sen coins are mainly given as change in large establishments and supermarkets, peddlers and street vendors might be reluctant to accept them. Note that the Singapore and Brunei dollars are also known as ringgit in Malay, so when near border areas you might want to check to be sure which currency they are quoting the price in.
Ringgits are freely convertible and the exchange rate is US$1 = RM3.6 (April 2009). Foreign currencies are not generally accepted, although you might get away with exchanging some US dollars or Euros even in more remote areas, but do expect a lot of stares and some persuasion. The major exception is Singapore dollars, which are accepted by KTMB and toll roads, but at a highly unfavorable 1:1 exchange rate (an anomaly dating back to when the ringgit was interchangeable with the Singapore dollar, prior to the 1970s).
Banks and airports are not the best places to exchange money if it is not urgent. Licensed money changers in major shopping malls often have the best rates - be sure to say the amount you wish to exchange and ask for the 'best quote' as rates displayed on the board are often negotiable, especially for larger amounts.
ATMs are widely available in cities, but do stock up on cash if heading out into the smaller islands or the jungle. Credit cards can be used in most shops, restaurants and hotels, although skimming can be a problem in dodgier outlets.
Subscribe to:
Post Comments (Atom)
2 comments:
Hi !.
You may , probably very interested to know how one can manage to receive high yields .
There is no initial capital needed You may begin to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your choice That`s what you wish in the long run!
I feel good, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner who uses your funds in a right way - that`s AimTrust!.
I make 2G daily, and what I started with was a funny sum of 500 bucks!
It`s easy to get involved , just click this link http://zuqupobu.freewaywebhost.com/onolux.html
and lucky you`re! Let`s take our chance together to feel the smell of real money
Hi !.
You may , probably very interested to know how one can manage to receive high yields .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.
AimTrust is what you need
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your chance That`s what you desire!
I`m happy and lucky, I began to get real money with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner utilizes your money in a right way - that`s AimTrust!.
I make 2G daily, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://elaxahowiq.greatnow.com/wiwegiry.html
and lucky you`re! Let`s take this option together to feel the smell of real money
Post a Comment