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If you're looking to exchange Malaysian Ringgit for Japanese Yen, you're in luck! All major Japanese airports, including Osaka's Kansai International Airport, have currency exchange points in their respective arrival halls. You can also find currency exchange services at banks, currency exchange offices, and some large shopping malls. It's recommended to carry some cash with you, as while you can buy train tickets and pay for other services with an international credit card, you may need physical yen for other purchases.
| Characteristics | Values |
|---|---|
| Currency used in Osaka | Japanese yen |
| Currency used in Malaysia | Malaysian ringgit |
| Currency code for Malaysian ringgit | MYR |
| Symbol for Malaysian ringgit | RM |
| Airports with currency exchange in Japan | Narita, Haneda, Chubu Centrair International, Kansai International, Fukuoka, and Naha Airport |
| Currency exchange options at Kansai Airport | Currency exchange counters and machines at the front of ticket gates |
| Carrying cash in Japan | Recommended, but international credit cards are also accepted |
| Carrying large amounts of Malaysian ringgit | Restricted to USD 10000, above which declaration at customs is required |
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What You'll Learn
Kansai International Airport has currency exchange counters and machines
If you're looking to exchange currency at Osaka Airport, you're in luck—Kansai International Airport has currency exchange counters and machines.
Kansai International Airport is one of Japan's four major airports, and it offers a range of services to travellers, including currency exchange. The airport has both currency exchange counters and ATMs located in the arrivals hall, making it convenient for travellers arriving in Osaka to exchange their money.
The currency exchange counters at Kansai Airport are typically located in front of the ticket gates, providing easy access for travellers. These counters are usually operated by banks or specialised currency exchange companies and offer a range of foreign currencies, including Malaysian Ringgit. It is always a good idea to check with the airport beforehand to ensure they have the currency you need.
Additionally, Nankai Electric Railway, which operates at Kansai Airport, also provides foreign currency exchange services at their counters and through their currency exchange machines. These services are available to foreign customers at Kansai Airport and other major stations and facilities, such as Namba.
When exchanging currency, it is important to be aware of any regulations or restrictions that may apply. For example, in Malaysia, bringing large amounts of Malaysian Ringgit into or out of the country is restricted. Amounts exceeding the equivalent of USD 10,000 must be declared at customs.
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Currency exchange services are available at airports, banks, and malls
It is recommended to order currency from your bank before travelling, as they usually provide better exchange rates than airport kiosks. Major banks often have branches abroad or partner with other banks, allowing you to use their ATMs with reduced fees. Using a credit or debit card for purchases while travelling can also be a convenient option, but be mindful of foreign transaction fees, which can add up quickly.
If you are unable to obtain foreign currency before your trip, you can still exchange currency at the airport. However, be aware that airport currency exchange shops may take advantage of travellers by offering unfavourable rates. They understand that travellers may need local currency immediately upon arrival, so they mark up the exchange rate to make a profit.
Instead of exchanging currency at the airport, consider visiting a local bank or using a local ATM when you reach your destination. Many foreign banks are willing to exchange your dollars for the local currency at a better rate. Local ATMs often provide better exchange rates than airport kiosks, and some U.S. banks even offer refunds for foreign ATM fees.
In summary, while currency exchange services are readily available at airports, banks, and malls, it is important to understand the potential fees and exchange rates involved. Ordering currency from your bank in advance or using ATMs and local banks at your destination can often provide you with more favourable rates and help you avoid unnecessary costs.
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Malaysian ringgit is the official currency of Malaysia
The Malaysian ringgit is the official currency of Malaysia. Issued by the Central Bank of Malaysia, it is divided into 100 cents, known in Malay as sen. The currency symbol for the Malaysian ringgit is RM (Ringgit Malaysia), and its ISO 4217 currency code is MYR.
The word ringgit is derived from the Malay word for "jagged", referring to the serrated edges of early Spanish coins that circulated in the region. The first European coins to gain widespread use in Malaysia were Spanish "pieces of eight" or "cob", which resembled stones and were thus described as jagged. The Dictionary of the Malayan Language, published in 1812, referenced the ringgit as a unit of money.
The Central Bank of Malaysia adopted an official new spelling system for the national language, Bahasa Melayu, in 1972, which was incorporated into the printing of its currency notes. The Malaysian ringgit name was introduced in 1975, and the currency symbol RM replaced the dollar sign in 1993. The ringgit is commonly found in denominations of RM1, RM5, RM10, RM20, RM50, and RM100 bills, as well as 5, 10, 20, and 50 sen coins.
If you're travelling to Osaka, Japan, and need to exchange currency, you can do so at Kansai Airport, which has foreign currency exchange counters and machines.
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Airports in Japan have ATMs
Yes, there are ATMs in airports in Japan. While not all ATMs in Japan will allow you to use an international card for withdrawals, there are some reliable options in convenient locations like stores and post offices.
International ATMs can be found at thousands of Family Mart and Lawson convenience stores, international airports, major department stores, and Shinsei Bank branches. ATMs by Aeon Bank, found at Aeon malls and selected other locations, also accept cards issued outside of Japan.
Japan Post ATMs can usually be used with Visa, Plus, MasterCard, Maestro, Cirrus, American Express, China UnionPay, Discover, and JCB cards. However, even where international ATMs are available, providers warn that sometimes specific cards may not be recognized. It is always a good idea to carry cards issued on multiple networks, just in case.
Seven Bank owns over 26,000 international ATMs at all 7-Eleven stores, train stations, airports, and some major stores. These ATMs operate 24/7, depending on the bank card used.
Withdrawing your travel money with a card once you arrive in Japan will usually get you a more favorable exchange rate compared to changing cash in your home country.
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It is recommended to carry some Japanese yen when visiting Osaka
While it is possible to exchange Malaysian ringgit for Japanese yen at Osaka's Kansai Airport, it is still recommended to carry some yen with you when visiting Osaka. This is because smaller shops and eateries may not accept credit cards and will only deal in cash. Having small denominations of yen can make transactions easier as vendors often have limited change.
It is also worth noting that foreign currency is not accepted as payment in Japan, so you must exchange your local currency into Japanese yen. You can do this at foreign currency exchange counters and currency exchange machines at major stations and facilities, such as Nankai Electric Railway.
If you prefer a digital alternative, you can use a service like Wise to exchange currency at any time, almost everywhere in the world.
While some sources suggest exchanging a small amount of cash before your trip to cover immediate expenses, others recommend exchanging the bulk of your money once you arrive, as currency exchange rates can fluctuate and you may get a better rate in Japan.
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Frequently asked questions
Yes, you can get Malaysian Ringgit at Osaka's Kansai International Airport. All major Japanese airports have exchange points in their respective arrival halls.
The currency used in Osaka and the rest of Japan is the Japanese Yen.
Yes, you can use international credit cards to buy train tickets, take taxis, and pay for most other services at the airport.
The official currency of Malaysia is the Malaysian Ringgit, abbreviated as MYR.
Yes, cash payments are very common and accepted in Malaysia. Most shops, restaurants, markets, and vendors accept cash payments, especially in smaller towns and rural areas.
