Fast and fee-free: get your Malaysian Ringgit (MYR) at top rates in just 24 hours
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Planning Trip to Malaysia?
When traveling to Malaysia, there are several things you should keep in mind to ensure a smooth and enjoyable trip. Here are a few tips that might help:
01
Visa & ENTRY
Australian passport holders can enter Malaysia visa-free for up to 90 days. Ensure your passport is valid for at least six months beyond your intended stay.
02
Currency Exchange
It’s always helpful to carry some Malaysian Ringgit (MYR). Use RedRate, which has locations across Australia, to get the best AUD→MYR exchange rates before you leave.
03
WEATHER & CLOTHES
Malaysia is hot and humid year-round. Pack light, breathable clothes, and carry an umbrella for sudden tropical rain.
04
TRANSPORTATION
Use Grab for easy transport in cities like Kuala Lumpur. For long-distance travel, buses and domestic flights are convenient and affordable.
05
STAY ONLINE
Get a local SIM card from providers like Celcom, Digi, or Maxis at the airport or retail stores for affordable data and nationwide coverage.
The Malaysian Ringgit (symbol: RM; currency code: MYR) is the official currency of Malaysia, issued and regulated by Bank Negara Malaysia. It is subdivided into 100 sen. Coins in circulation include 5, 10, 20, and 50 sen; banknotes are issued in denominations of RM1, RM5, RM10, RM20, RM50, and RM100. The term "ringgit" means "jagged" in Malay, originally referring to the serrated edges of Spanish silver dollars that circulated in the region centuries ago. The modern Malaysian Ringgit was introduced on 12 June 1967, replacing the Malaya and British Borneo dollar at par. Today, travelers often monitor the AUD→MYR rate when planning visits to places like Kuala Lumpur, Penang, or the Cameron Highlands—and balance cash and digital payments for local experiences.
1 AUD = 2.4868 MYRMid-Market Exchange Rate at 2.7583
AUD to MYR
AUD
MYR
1 AUD
2.49 MYR
5 AUD
12.43 MYR
10 AUD
24.87 MYR
20 AUD
49.74 MYR
50 AUD
124.34 MYR
100 AUD
248.68 MYR
250 AUD
621.70 MYR
500 AUD
1,243.40 MYR
1000 AUD
2,486.80 MYR
2000 AUD
4,973.60 MYR
5000 AUD
12,434.00 MYR
10000 AUD
24,868.00 MYR
Track the Best Malaysian Ringgit Exchange Rates
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AUD TO MYR CONVERSION CHART
1 AUD = 0.6077MYRMid-Market Exchange Rate at 2.7583
Why Choose Redrate
Registered
with AUSTRAC
RedRate Exchange is fully licensed and complies with all local regulations. Reg- istered with AUSTRAC and regulated by ASIC, we adhere to strict standards for privacy, anti-money laundering, and counter-terrorism financing, ensuring secure and trustworthy transactions.
Best Exchange Rates
Enjoy unbeatable rates that give you the most value for your money, every time you exchange.
17 Years of
Trusted Service
With nearly two decades of
experience, RedRate is a name you can rely on for safe and secure currency exchange
Registered
with AUSTRAC
RedRate Exchange is fully licensed and complies with all local regulations. Reg- istered with AUSTRAC and regulated by ASIC, we adhere to strict standards for privacy, anti-money laundering, and counter-terrorism financing, ensuring secure and trustworthy transactions.
NO MATTER WHERE YOU ARE
With 25 locations across Australia, you can easily accessour services and get your currency exchanged hassle-free, no matter where you are.
In Malaysia, local buses, night markets, and smaller towns often require physical payment. Exchange Malaysian Ringgit (MYR) at Redrate before your journey — no fees, great rates, and full readiness for every experience
Restaurants
Indulge in nasi lemak, satay, char kway teow, and roti canai. From Penang’s hawker stalls to KL’s fusion restaurants, Malaysia offers one of Southeast Asia’s richest food scenes.
Hotels
Top picks include The Majestic Hotel Kuala Lumpur, Eastern & Oriental Hotel in Penang, and Pangkor Laut Resort for island luxury — offering a perfect mix of comfort, heritage, and tropical beauty.