Where to exchange money in Kuala Terengganu
If you’re planning a trip to Kuala Terengganu, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Kuala Terengganu. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
Where to exchange money in Kuala Terengganu
If you’re planning a trip to Kuala Terengganu, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Kuala Terengganu. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
Spend abroad without hidden fees
Currency exchanges in Kuala Terengganu
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Kuala Terengganu below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| MONEY CHANGER & REMITTANCE (Hak Ventures Sdn Bhd Branch) | Jalan Tengku Ampuan Bariah, 21300 Kuala Terengganu, Terengganu, Malaysia | +60 9-662 3788 |
| Merchantrade | 1-C, Jalan Syed Hussein, 20100 Kuala Terengganu, Terengganu, Malaysia | +60 9-630 9086 |
| Ria Money Transfer | Lot G11, Ground Floor, Paya Bunga Plaza, 20100 Kuala Terengganu, Terengganu, Malaysia | +60 1-800-88-2077 |
| Western Union | No. 1, 2 & 3, Taman Tanjung Permata, Kampung Gong Badak, Jalan Batu Rakit, 21300 Kuala Terengganu, Terengganu, 21300 Kuala Terengganu, Terengganu, Malaysia | +60 9-667 2020 |
| Pejabat Bank Negara Malaysia Kuala Terengganu | Jalan Sultan Mohamad, 21100 Kuala Terengganu, Terengganu, Malaysia | +60 9-638 2001 |
| Western Union | 24, KT Business Centre, Jalan Sultan Mohamad, Padang Hiliran, Kuala Terengganu, Terengganu, Kampung Bukit Kecil, 21100 Kuala Terengganu, Terengganu, Malaysia | +60 9-631 5654 |
| Western Union | Jalan Sultan Mahmud, 20400 Kuala Terengganu, Terengganu, Malaysia | +60 9-623 5066 |
| World Currency Dungun | Lot 3629, Tingkat Bawah, No.3 Bangunan Jalan, Proton Edar, Jalan Baru Pak Sabah, 23000 Kuala Dungun, Terengganu, Malaysia | +60 9-844 4602 |
| Credit Guarantee Corporation Malaysia Berhad | Lot PT 4018, Tingkat Bawah & Tingkat Satu Blok C, Perkedaian Ladang, Jalan Sultan Zainal Abidin, Kampung Ladang Tok Pelam, 20000 Kuala Terengganu, Terengganu, Malaysia | +60 9-625 2400 |
| Western Union - Post Malaysia | Pejabat Pos Kuala Terengganu, JKR445, Jalan Sultan Zainal Abidin, 20670 Kuala Terengganu, Terengganu, Kampung Panglima, 20200 Kuala Terengganu, Terengganu, Malaysia | +60 9-630 1841 |
| Hak Ventures Sdn Bhd HQ (Money Changer and Money Transfer) | No 2, Pusat Niaga Paya Keladi, 20000 Kuala Terengganu, Terengganu, Malaysia | +60 9-630 9639 |
| Maybank (Kuala Terengganu) | 92, Jalan Sultan Ismail, 20200 Kuala Terengganu, Terengganu, Malaysia | +60 9-622 1421 |
| World Currency Jerteh | No. 1 A, Kaunter Ruangniaga Pelbagai, Block A – Jerteh, Souq, Jalan Zainal Abidin, Kampung Tanduk, 22000 Jerteh, Terengganu, Malaysia | +60 9-690 5907 |
| Western Union | Lot PT3760P, Ground Floor, Mukim Batu Rakit, 21020 Kuala Terengganu, Terengganu, Kampung Batu Rakit, 21020 Kuala Terengganu, Terengganu, Malaysia | +60 9-669 6343 |
| World Currency Sdn Bhd | Kampung Rahmat, 21700 Kuala Berang, Terengganu, Malaysia | |
| The Vinum Xchange | 221, Jalan Kampung Cina, 20100 Kuala Terengganu, Terengganu, Malaysia | +60 9-660 4037 |
| Western Union | Ground Floor, Lot 99, Pekan Bukit Payong, 21400 Marang, Terengganu, Kampung Bukit Payung, 21400 Bukit Payong, Terengganu, Malaysia | +60 9-619 2948 |
Malaysian ringgit rate today
First off, in case you’re wondering something along the lines of “does Malaysia use Malaysian ringgit?”, the answer is yes. The currency in Kuala Terengganu — and the rest of Malaysia— is Malaysian ringgit
You can also find it written as MYR in currency exchange shops.
What you should know about exchanging money in Kuala Terengganu
When exchanging money in Kuala Terengganu 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. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Malaysian ringgit for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know 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. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. 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.
Say goodbye to overcomplicated currency exchange
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local bank details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Kuala Terengganu. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
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 Payment 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.
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