Where to exchange money in Cheras
Are you heading to Cheras? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Cheras that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Cheras
Are you heading to Cheras? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Cheras that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Cheras
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Cheras.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| Lotus Remit Cheras & Western Union | A-15 & A-17 CMC Connaught market centre, Jalan Cerdas, Taman Connaught, 56000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-9108 3425 |
| Suria Muhabat Sdn Bhd Leisure Mall - Money Changing & Remittance | 1-60, Level 1, Cheras Leisure Mall, Jalan Manis 6, Taman Segar, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-9131 6786 |
| MONEY CHANGER & REMITTANCE SERVICES (Andalusia Hijrah Exchange 1209011-T) | 23, Jln 1/76, Desa Pandan, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-9201 4037 |
| Syed Kadir Money Changer | 23, Jalan Dwitasik, Dataran Dwitasik, 56000 Cheras, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 10-222 9105 |
| Suka Money Changers Sdn. Bhd. | 95, Jln Bukit Bintang, Bukit Bintang, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-2142 0511 |
| HME Money Changer @ Bukit Bintang | 44, Jln Sultan Ismail, Bukit Bintang, 50250 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-2110 5018 |
| Cendral money changer sdn bhd | 49, Jalan Menara Gading 1, Taman Connaught, 56000 Cheras, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 17-581 0324 |
| HME Money Changer @ NZ Curry House KLCC | Lot 42, Jln Ampang, Kampung Baru, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 17-301 3811 |
| ASIAH MONEY EXCHANGE | 30, Jln Sultan Azlan Shah, Chow Kit, 51200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-4045 1000 |
| Merchantrade | 10 Wisma GTK, Jalan Hang Lekiu, City Centre, 50100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-2031 9896 |
| M.M.Ally's Sdn Bhd | NO 2007, Malayan Mansion, Jalan Masjid India, City Centre, 50100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-2602 0097 |
| Garuda Bayana Trader Sdn. Bhd. | 202, Jalan Mahkota, Taman Maluri, Cheras, Kuala Lumpur, 55100, Kuala Lumpur, WP Kuala Lumpur, Maluri, 55100 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia | +60 3-9284 7122 |
| NBL Money Transfer Sdn Bhd | 50, Jalan Tun Tan Siew Sin, City Centre, 50050 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 3-2031 1100 |
| Billion Exchange - KL Money Changer | 51-A, Changkat Bukit Bintang, Bukit Bintang, 50200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia | +60 18-389 6474 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Malaysian ringgit rate today
The currency used in Cheras, as well as the rest of Malaysia is Malaysian ringgit.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Malaysian ringgit is MYR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Cheras
When exchanging money in Cheras or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Malaysia long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Malaysia banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Malaysian ringgits for a fairer rate and fees. The same applies if you get the option on card machines.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.
And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
Get started today
Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Cheras. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.