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NZD to MYR Exchange Rate

Code MYR
Symbol RM
Coins
5, 10, 20, 50 sen
Banknotes
RM1, RM5, RM10, RM20, RM50, RM100

COVID-19 Business Update

Please note, due to the impact of COVID-19, our stores are temporarily closed until after international travel resumes. While our stores are closed, we do not have rates available for foreign cash until we re-open.

Buying Malaysian Ringgit

  • Budget planning tool

    Punch in your holiday deets in the tool below to help you plan your spending money.

  • No commission

    On foreign exchange rates when you order with Travel Money Nz.

  • Pick up locally

    With over 140 convenient store locations across New Zealand, you can securely pick up your Malaysian Ringgit with no hassles.

Planning your trip to Malaysia

We get it, doing your holiday budget is a snore fest. It's important though, so we've made it super easy for you to do now. Just punch in your holiday deets and we'll combine destination spend data with our exchange rates so you know how much to take. Easy peasy budget donesy!

More information

If shopping and dining is more to your tastes, the Chinese-influenced Petaling Street is the perfect street-shopping destination. It’s the class and culture of the finest up-market shopping, but without the hefty price tag. But for any price tag in Malaysia, you’ll need some ringgit handy. Just make sure you declare anything greater than USD 10,000 on your way in and out of the country.

If you happen to have some ringgit spare when you land back in New Zealand, pop back into your local Travel Money NZ store and we can convert it back to NZD for you.

Coins and notes

The ringgit operates almost identically to the dollar (in fact, some stores may even label prices in Malaysia as dollars), divided up into 100 sens. All Malaysian coins are in sens, worth 5, 10, 20 and 50 apiece. Malaysian notes are set at 1, 5, 10, 20, 50 and 100 ringgits each.

Facts about the currency

  • Most Malaysians refer to the currency in its proper terms, but certain people will call it ‘dollars’ just for convenience, and some northern places like Kelantan still call it the riyal.
  • A polymer 50 ringgit note was released to commemorate the 1998 Commonwealth Games, but it was so rare that it’s now a collector’s item – so hold onto it if you find one!
  • The first generation of Malaysian banknotes are today worth far more than their printed value – a whole set was sold at auction for £100,000 in 2007.