Currency and formatting
- Currency
- Malaysian Ringgit (MYR)
- Symbol
- RM — placed before the amount
- Decimal places
- 2
- Formatted example
- RM 123,456.78
- Thousands separator
- ,
- Decimal separator
- .
- Digit grouping
- threes (3)
- Live rate
- 1 USD = 4.07246882358 MYR (ecb, 2026-07-16)
Tax
Malaysia has no single national consumption tax that applies at a checkout. We report this as a null rather than inventing a rate.
Payment methods in Malaysia
Roughly ordered by real-world use — not by what a card processor would prefer you offer.
- 01 fpx
- 02 duitnow
- 03 touch n go
- 04 card
- 05 grabpay
- 06 shopeepay
- 07 boost
- 08 paylater
Card schemes that work domestically: visa, mastercard, mydebit, amex, unionpay. 3-D Secure is standard practice; strong customer authentication is legally mandated.
Locale
- Primary
- ms-MY
- Also used
- en-MY, zh-MY, ta-MY
- Official languages
- Malay
- Direction
- left-to-right
- Date format
- DD/MM/YYYY
- Measurement
- metric
- GDPR applies
- no
Phone numbers
- Calling code
- +60
- Mobile format
- +60 1X-XXX XXXX
- Digits
- 9-10
Malaysia: common questions
What currency does Malaysia use?
Malaysia uses the Malaysian Ringgit (MYR), symbol RM. It uses 2 decimal places, formatted as RM 123,456.78.
How many decimal places does MYR have?
MYR has 2 decimal places. Charging with the wrong number of minor units is a 100× error, so this is worth getting right.
Is there sales tax in Malaysia?
Malaysia has no single national consumption-tax rate that applies to a checkout.
What payment methods are used in Malaysia?
The methods that matter in Malaysia, in rough order of use: fpx, duitnow, touch n go, card, grabpay, shopeepay, boost, paylater.
What is the dialling code for Malaysia?
Malaysia's country calling code is +60. Mobile numbers are formatted +60 1X-XXX XXXX (9-10 digits after the country code).
API_
Get this from the API instead
Everything on this page is one call away — plus live FX, fraud signals and the visitor's own detected country.
curl "https://api.localesense.com/v1/countries/MY" \
-H "Authorization: Bearer ls_live_..."