Like all Malaysian territories, Sarawak (and Kuching) use Malaysia Ringgit (MYR / RM) in transactions. The Malaysia Ringgit comes in two forms, namely paper notes and coins which are called 'sen'. Denomination notes for Malaysia Ringgit are RM100, RM50, RM20, RM10, RM5 and RM1. Coins come in the form of 50 sen, 20 sen, 10 sen and 5 sen.
The use of major currencies like US Dollar, EURO and Pound Sterling is limited to airports and major hotels.
Cashless e-wallets apps such as Sarawak Pay, Boost, GrabPay, WeChat Pay, AliPay and Touch 'N' Go are widely used in throughout Kuching. Major credit cards like Visa and Mastercard are widely accepted in most major shops in Kuching.
You can only change foreign currencies at licensed currency exchange dealers in Kuching. These dealers usually set up kiosk at major shopping malls in Kuching City.
Popular tourist spots and attractions also usually have a few currency exchange kiosk. Banks are also another alternative to exchange your money.
CIMB Bank, RHB Bank, Maybank, Bank Simpanan National and Bank Rakyat are among the banks that conduct currency exchange. A CIMB currency exchange counter is available at the Kuching International Airport.