04842886900  |    care@extravelmoney.com  |    WhatsApp Us

 Call |  WhatsApp | Blog  Sign Up/Login

India's biggest forex marketplace!


Forex Card & CashSend Money Abroad

Please enter valid amount without decimals

Best Rates for Malaysian Ringgit in India Today
Buy MYR Currency 18.57
Buy MYR Forex Card 18.06
Sell MYR Currency 17.7
Sanketh Rao 1 Year ago
This has been the easiest and most economical way to transfer money to Canada. I got in touch with them through a friend's recommendation. Ms. Mary processed things for me so quickly. Even after moving to Canada, I used their service, again happened absolutely seamlessly.
Vaishnav Meduri 1 Year ago
Did a transaction for the first time for my son's education requirements for 20k USD. Got a savings of INR 25k compared to bank rate card. A friendly economical service by Extravelmoney.
Sanoj Sudhakaran 1 Year ago
I booked Malaysian Ringgit currency and Singapore dollars in forex card from ExTravelMoney at 1 AM, got a call from the team within 5 minutes and got currency and card delivered by 4 PM. Really impressed with their services. Will recommend them, 10/10!
Ravi Krishnamurthy 24-08-2022
It has been a really wonderful experience remitting fees for my daughter for her university through Extravelmoney. The rates are very competitive and ease of operation also. Money reached the university with in 24 hours, that was pretty fast.
Subhradeep Haldar 2 months ago
My parents have been using their services since 2020, to remit funds to me in Poland. The executives are very helpful and responsible. Never had any issues with them and I do recommend using their services.
Kishore Reddy 11 Nov 2022
Sold Pounds almost at 14 paise less the running rate. Extravelmoney shows you all forex sellers near your vicinity, simply choose one of them, show your ID proof and collect money! The best feature is the price lock option which was very beneficial in my case.
See more

Buy Malaysian Ringgit in India Easily!

Compare Rates

Compare Rates offered by RBI authorized money changers in your city

Book Online

Choose a money changer & book your order for buying Malaysian Ringgit

Submit KYC

Submit the KYC documents & make the payment directly to the money changer

Collect Currency

You can now collect the currency from the store or can avail door delivery!

How it Works?

Why Buy Malaysian Ringgit via ExTravelMoney?

  Marketplace Advantage!

Being a Forex marketplace, every money changer competes with others. They will always offer you the best rate, so that they get your order. You may not get the same rate if you directly walk in to the same store.

  Zero Commission!

We charge absolutely zero commission on every transaction. No hidden charges either! Pay directly to the chosen money changer and receive your required Forex product along with the invoice.

  Lock Rates

MYR rates can fluctuate dramatically. With Extravelmoney, you can observe and lock the rate when it is favorable. Just pay a small fully refundable rate lock fee & lock the rate for as much as 3 days.

In The Press

“...Travelers can compare the rates of various dealers in their city and get forex delivered...”

“...Extravelmoney ensures a smooth experience for customers while transferring money abroad..."

“...competition among the different forex providers in the platform leads to better deals for the customers...”


Customers refer
their friends

7 +

Years of


Cr in customer

What is the Malaysian Ringgit?

The Malaysian ringgit is the official currency of Malaysia. The symbol RM and the code MYR depict the Malaysian ringgit. It was formerly called the Malaysian dollar. At present, the currency of Malaysia is commonly referred to as the ringgit, which is its shortened version. The Central Bank of Malaysia issues the banknotes, and the Royal Mint of Malaysia officially produces coins and minor units called the sen. Malaysia is renowned as a famous tourist destination around the globe and a favorite holiday destination among Indians. Since Malaysia is a low-budget tourist country, there is a high demand for ringgits. Attain door delivery or the nearest availability of genuine Malaysian ringgits from RBI-authorized vendors in India through ExTravelMoney.

Malaysian Ringgit

Anti-counterfeiting Measures in Ringgit

  1. The portrait of the first SPB Yang di-Pertuan Agong, the three lines near it, the words, and the numeral possess a raised-print effect due to the usage of intaglio ink in authentic ringgit.

  2. While holding an original ringgit against light, the watermark replica of the major portrait, numeral, and a designed window appears.

  3. The peculiar marks on either side of the note combine to form the value numeral when looked at under bright light.

  4. The words, fine lines, and patterns are micro-printed on genuine notes. These details are clear and sharp. Hence, it is hardly possible for counterfeiters to replicate.

  5. While tilting, the hibiscus motif inside the thread appears to move its position.

FAQ on Malaysia Currency & Travel

1. How much cash can I carry from India to Malaysia?

If you are a resident Indian, then you carry cash up to US dollar 3000 or its equivalent in Malaysian ringgit and a total of up to USD 10,000 in forex card or traveller’s cheques. Calculate the equivalent quantity of Malaysian ringgit by using the currency converter to convert Malaysian ringgit to INR.

2. What is the best way to take money to Malaysia?

The best way to take money to Malaysia would be through a combination of cash, forex card, and debit/credit card as backup. Majority of your money would be safer and easily usable in a forex card (about 60%). The rest 40% can be carried as cash. Use your credit/debit card as backup money in case of some emergencies or unexpected circumstances where the only possibility of payment is through them.

3. Is Malaysian ringgit prepaid card available?

Yes Malaysian ringgit prepaid card is available and can be purchased from your bank or from a RBI licensed money changer store in your locality.

4. Can I use Indian debit card in Malaysia?

If your Indian debit card is enabled for international transactions then you can use it in Malaysia without any problems. However, using a debit card abroad has many extra charges associated with it which may eat away your money really fast. Instead of overspending by paying your bank unnecessary charges, consider buying a prepaid forex travel card for your Malaysian trip and save money on currency conversion charges, unfair bank exchange rates and Dynamic currency conversion (DCC) charges. For further information, read about the forex card advantages over debit and credit cards.

5. Is Singapore dollar accepted in Malaysia?

The Malaysian ringgit is the official currency of Malaysia and as such is the only legally accepted tender there. There may be a few shops or business establishments which might accept Singapore dollars as payment. However, even in that rare chance, the exchange rate they would offer you would be atrocious and you’ll lose a significant portion of your money. It is better to convert your Singapore dollars to Malaysian ringgit by visiting a bank or money changer store.

6. Can you use US dollars in Malaysia?

Again, there may be few establishments in Malaysia willing to let you pay in US dollars but the exchange rate they quote would be unfavourable to you. Approach banks or licensed money changers to get your US dollars exchange to Malaysian ringgits at better exchange rates. You’ll have the added freedom to use Malaysian ringgits to pay for payments anywhere within the country without having to worry if they’ll accept the currency.

7. Can I sell leftover Malaysian ringgits after returning to India?

Yes you can. Better yet, you can compare which money changer in your city gives the best rate for Malaysian ringgits through ExTravelMoney and easily convert your Malaysian ringgits to Indian rupee. You can sell currency online and even get door pickup of your foreign currency.

8. How many days will it take to deliver the currency?

Whether you are looking to buy Malaysian ringgits online or sell them, the whole process will be completed within the same day through ExTravelMoney. If you have opted for home delivery of the currency, it will take place within the same day, if your transaction is completed before 5:oo p.m. Your transaction is considered complete when the money is credited to the money changer’s bank account or deposited at their store (depending on your chosen payment method).

9. What are the documents required for buying Malaysian ringgit currency?

The documents required for buying Malaysian Ringgit in India are;

1. A valid Indian Passport

2. A confirmed air ticket to Malaysia showing travel within 60 days

3. Valid Visa

10. How many days before travel can a person buy forex?

A person can buy foreign currency within 60 days of their date of travel abroad. This rule is mandated by RBI. In case, a person is not able to utilise this foreign exchange within the above prescribed period they are required to surrender it to an RBI licensed bank or forex dealer.

Find More

Buy Forex Online