Currency
The Malaysian Ringgit is equivalent to 100 cents (sen). In local trading, the currencies of neighbouring countries are often accepted, in particular, the Singapore dollar, the Thai baht and the American dollar.
|The exchange rates from different world currencies are quoted by the national bank (Bank Negara) as well as by other private banks.
Apart from the banks, many money changers are located throughout the city area (especially at Beach Street, the commercial hub) to trade in smaller denominations.