Select the product in which currency has to be issued
Enter the required forex amount OR payable INR amount. As per RBI norms single traveller can carry maximum 250000 USD in a financial year
Your details

Total amount to pay for your order (incl. taxes)

  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • Disclaimer Note for TCS
    Tax Collection at Source (TCS) at the rate of 5% will be levied under section 206C(1G)(b) of the Income Tax Act on outbound tour services. Further TCS under section 206C(1G)(a) of the Income-tax Act, 1961 at the rate of 5% will be collected if the aggregate amount exceeds Rs. 7,00,000 in a financial year for remittance out of India under the Liberalised Remittance Scheme of the Reserve Bank of India. The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
Save Quote
Send Quote

Send Quote

(+) Add more
you can add maximum of 5 email address.

Dear Customer,the selected currency is not readily available,hence cannot proceed ahead with this transaction. Our expert will contact you for further assistance or you can also call us on toll free no 1800-2099-100.

  Privacy Policy
Already have a Card? Know Your Balance

Malaysian Ringgit (MYR) - Currency of Malaysia (MYR)

Buying Rate (INR)
Selling Rate (INR)
Remittance Rate (INR)

Buy, Sell or Transfer Malaysian Ringgit (MYR) in India at the best exchange rates

About Malaysian Ringgit (MYR)

Issued by the Bank Negara Malaysia, The Malaysian Ringgit is the official currency of Malaysia. The general abbreviation of the Malaysian Ringgit is MYR. Introduced after replacing the Malaysian Dollar in the year 1967, the Malaysia Currency also announced its subunit called Sen. The Ringgit is divided into 100 Sen. The term Ringgit means jagged. This currency is sometimes still referred to as the Dollar, like before. The new 50 Sen coin has a high-security feature to avoid fake coin circulation. The Old 1 Sen Coin can still be used as money.

Some facts that you ought to know about the MYR:
  • The nicknames for Malaysian Ringgit are JIAO, MAO, FEN.
  • RM is the symbol of the Ringgit.
  • The most repeatedly used coins are 5 SEN, 10 SEN, 20 SEN, 50 SEN.
  • The most frequently used banknotes are RM1, RM5, RM10, RM20, RM50, RM100.

Quick Facts About Malaysian Ringgit (MYR)

Currency Name New Zealand Dollar
Short Name NZD
Nicknames Kiwi
Symbol (s) $ and NZ$
Unit 1/100, Cent
Frequently Used Coins 10c, 20c, 50c, NZ$1, NZ$2
Rarely Used Coins
Frequently Used Bank Notes NZ$5, NZ$10, NZ$20, NZ$50, NZ$100
Rarely Used Bank Notes
Central Bank, Name & Website Reserve Bank of New Zealand |
Territories that unofficially use the NZD as a part of their legal tender: Pitcairn Island - a British Overseas Territory, and Nauru.

How to Exchange Currency with Thomas Cook?

Currency Exchange in Other Cities

See More Cities

Why Thomas Cook?

Safe & Secure Transaction
Best Online Rates
Door Step delivery & branch pick up option
Pay Small amount now & block rates

The Malaysian Ringgit Currency

The Malaysian Ringgit was introduced after it replaced the Malaysian Dollar in the year 1967. Similarly, the cents were renamed to sen. The subdivision of the currency is in 100 sen. Currently, for the currency coins, the circulation is under the denominations of sen 5, 10, 20, and 50. Similarly, for the currency bank notes, the circulation is under the denominations of ringgit 1, 5, 10, 20, 50 and 100.

How to find THE best foreign currency rate online?
To get the latest INR to MYR or Malaysia currency rate, simply visit the Thomas Cook website. Thomas Cook is the best money converter in the country, and offers best Indian currency rate, along with international currency rate. Also, if you are looking for customized tour packages, turn to Thomas Cook.

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
View Detailed Rate card

Frequently Asked Questions

What does Ringgit stand for in the currency name?
Ringgit is nothing but a currency unit of Malaysia. It replaced the Malaysian dollar thereby changing its currency name to Malaysian Ringgit.
What currency would be ideal to carry to Malaysia?
We suggest that you convert your Indian Rupee to Malaysian Ringgit before you land in Malaysia. You may search and compare the best rates available before you finalise on booking forex. In case of any further clarity, you may contact our support team and they will assist you with the necessary details
How much money can I carry in/out Malaysia?
You may carry up to USD10,000, or foreign currency equivalent, in and out of Australia. However, in case the amount you are carrying exceeds the given limit, then you must declare the same.
How expensive is to buy/sell Ringgit in Malaysia?
If you are travelling from India and you want to exchange INR to MYR, it will cost you dearly. Especially, the vendors at the airport will be very expensive and it won’t make your transaction any worth. We suggest that you undertake the exchange before leaving India to enjoy a hassle-free travel.
Where can I exchange Malaysian Ringgit in India?
You may visit the nearest Thomas Cook centre to meet one of our representatives, or you may even book it online through our website.

What People are Saying