Like all Malaysian territories, Sarawak (and Kuching) use Malaysia Ringgit (MYR / RM) in transactions. The use of major currencies like US Dollar, EURO and Pound Sterling is limited to airports and major hotels.
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.
CREDIT/DEBIT CARD USE IN KUCHING
Credit cards and debit cards like VISA, Mastercard and American Express are widely used in Kuching City. You are required to key in your six digit security credit card pin upon every transaction.
The use of signatures to verify your card upon use has not been a practice in Kuching since 2017.
CRYPTOCURRENCIES IN KUCHING
As far as I know, no cryptocurrency is used for general trade or sale in Kuching.
WHERE TO CHANGE MONEY
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. Banks that do currency exchange in Kuching are CIMB Bank, RHB Bank, Maybank, Bank Simpanan National and Bank Rakyat.