Malaysian Ringgit · RM · Official currency of Malaysia
The Malaysian ringgit (RM) was introduced in 1967, replacing the former Malaya-and-Brunei dollar system. The word 'ringgit' originally referred to the jagged edge of silver coins in Malay.
Six denominations circulate: RM1, RM5, RM10, RM20, RM50, and RM100, all featuring a common portrait of the first Yang di-Pertuan Agong (king) on the front.
Cards and mobile payments (like Touch 'n Go) are widely used in cities like Kuala Lumpur, but cash is still convenient at traditional markets and small eateries. Exchanging at a licensed money changer in the city usually gets a better rate than at the airport. The Malaysian ringgit is subject to restrictions on being taken offshore or traded outside the country, so it's more common to exchange it locally rather than buying it in advance abroad.
You can view the real banknote designs on the Bank Negara Malaysia's official page.
See Malaysian Ringgit banknotes at today's exchange rate →