What currency is used in Malaysia?

Posted on Oct 21, 2025 / Finance

What currency is used in Malaysia?

Malaysia uses the Malaysian ringgit, written as MYR. The ringgit has been the official currency since 1967, replacing the Malayan dollar. Banknotes feature national leaders, iconic landmarks, and cultural symbols. Cash is widely used, but cards and digital payments are accepted in cities like Kuala Lumpur and Penang. Coins are used for smaller transactions. The ringgit’s value can fluctuate with economic changes, but it remains central to daily life. The Malaysian ringgit reflects the country’s modern economy and rich cultural heritage.



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