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Currency

 

One Malaysian Ringgit (RM 1) is made up of 100 sen. Currency notes are issued in denominations of RM 100, RM 50, RM 20, RM 10, RM 5 and RM 2. Coins are in denominations of 100, 50, 20, 10, 5 and 1 sen. One US dollar (US$ 1) is approximately RM 3.80.

There are two local banks at the Kinabalu International Airport offering foreign exchange services. One is situated at the far end of the arrival hall and one more just outside to the left of the arrival hall. There is no restriction on the import or export of either local or foreign currency.

 

Most hotels and establishments accept credit or charge cards such as VISA, American Express, Master card and Diners Club. Travellers cheques may be encashed at major hotels and are accepted by all banks, hotels & major department stores.

 

 

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