SEK to MYR Currency Exchange

Practical tips for planning your travel budget

Tipping is not customary in Malaysia, but it is always appreciated. You’ll need some cash on hand if you choose to tip, which is why it’s best to exchange your currency prior to departure. A good benchmark is a daily budget of 144 MYR, which should cover accommodation, one or two meals, and local transport.

If you decide to explore Malaysia’s rich cuisine at a mid-range restaurant, you can expect to spend around 30 MYR per meal—an excellent value for the quality of food on offer.

When do you need cash in Malaysia?

Although card payments are increasingly accepted in Malaysia, cash remains the preferred method of payment. This is especially true once you move away from major cities such as Kuala Lumpur, Penang or Johor Bahru.

Street food plays an important role in Malaysian culture, and you will need to pay in cash at most of the stalls you encounter. Night markets are also a must-see attraction, and there too you will most often need to pay in cash.

Some small shops outside major cities also accept cash only.

Most modes of transport in Malaysia are paid for in cash. Whether you take the bus or a taxi outside of ride-hailing apps, you will need to pay for your journey in cash.

Certain remote areas have weak network coverage, making card terminals unusable. Carrying MYR in cash is therefore an excellent way to ensure you can make purchases in any situation.

Finally, having cash during a trip to Malaysia is a great way to keep control of your budget by giving you a clear view of your spending. Remember to exchange your SEK to MYR before your departure to benefit from the best exchange rates and our 0% commission!