Buy Malaysian Ringgit online at the best exchange rate in Australia.
Exchange rate to buy MYR with AUD
Compare us with other providers
We've been featured in
How to buy Malaysian Ringgit online
1. Tell us how much you need
We'll round the amount to the nearest denomination available to buy.
2. Verify your ID and pay
By law, we need to make sure you’re not involved in illegal activity. You'll also need ID to collect.
3. Collect your currency
Pick up in store, collect locally or get your order delivered to your door with Australia Post.
Service and delivery fees
Pick up your order and pay by bank transfer or PayID to avoid fees
The Service Fee depends on the currency and amount you order.
Bank Transfer or PayID
Pay for your order by bank transfer or PayID without any fees.
It's a flat fee for local collection or delivery to your door with Australia Post.
Buying Malaysian Ringgit in Australia
Where is the best place to buy Malaysian ringgit in Australia?
If you like the reassurance of having the local currency readily available from the moment you step off the plane, you have three options to pick up the cash before you go:
- Buy the currency online and either collect it in-store or have it delivered to you.
- Collect from a currency exchange store.
- Most expensively, buy the currency at the airport.
Online money changers like S Money are often an easy and cheap way to buy foreign exchange online but it may not necessary be as quick as walking into a store. Companies like Travelex also offer a currency exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!
Alternatively, buying your currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.
Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.
How can you buy Malaysian ringgit at the best rate?
The key to finding the best deal is to compare your options to buy foreign currency in cash. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.
Learn more: Get the best AUD to MYR exchange rate
About Malaysian Ringgit
The currency used within Malaysia is the Malaysian ringgit.
The Malaysian ringgit is represented by the symbol RM and the currency code is MYR.
The banknotes are RM1, RM2, RM5, RM10, RM50 and RM100.
The coins are sen5, sen10, sen20 and sen50.
Track the best time to buy Malaysian Ringgit
Find the best time to buy Malaysian ringgit with our rate tracker. If you need to know when is the best time to buy but don't have the time to keep an eye on MYR movements, let us do the work for you.