sandia911

Hi, i am looking for Australian dollars in KL, i have Ringit as well as Baht, and I'd like to exchange at a better rate to get Australian dollars. Would you know the name/address of the best currency exchange place in KL? I'd like to find a place with no commission, and also to check the rates (on their website) before going down to exchange. Thanks.

Bluenose1

Hi Sandia, my (Malaysian) wife has always just used a Moneychanger either in KL or Melaka and has usually achieved a good rate. Mind you, she normally exchanges RM for either Sterling or Singapore Dollars (and vice-versa). As far as I know, most of these operate from stalls in shopping malls and most of them are licensed. Of course, for those, you would have to go in person and not be able to check their rates on t'internet. I'm not certain, but I don't think they charge commission.

ex reg

In my experience it makes little difference which money changer you use for FXange less than say MYR10,000.

That doesn't stop the missus wasting days looking for the best deal.