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The Malaysian Ringit (MYR), also referred to as the Malaysian Dollar, is divided into 100 sen. Malaysian banks charge in the region of U.S.$2-3 for foreign exchange transactions. Moneychangers are generally quicker to deal with and do not charge commission; their rates however are variable. Travelers checks can be exchanged at banks and some hotels. All major credit cards are accepted at upmarket hotels, shops and restaurants. ATMs are widely available.
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