Traditional Culture Encyclopedia - Hotel accommodation - Is the price in Penang high?
Is the price in Penang high?
currency conversion
1 Malaysian ringgit = 1.6 167 RMB.
Rmb 1 yuan =0.6 186 Malaysian ringgit.
There are not as many currency exchange points in Penang as in Kuala Lumpur, and the exchange rate is relatively low. I suggest you exchange enough Malaysian ringgit in Kuala Lumpur before coming to Penang. ATM is the most convenient way to withdraw money.
consumption level
Penang's consumption level is lower than Kuala Lumpur's and similar to Malacca's.
Per capita meals are basically RM 5-8, and restaurant meals are generally RM 25-50; Within 2 ringgit by bus. If you rent a tricycle to travel around Georgetown, the price will be within 50 ringgit. Bed rent for youth hostel: 50 ringgit, hotel: 100 ringgit/night.
bank
Office hours: Monday to Friday, 10:00- 15:00, closed on Saturdays and Sundays and public holidays.
Nearly 100 merchants in Malaysia can accept UnionPay cards. When shopping, China UnionPay will directly convert Malaysian ringgit into RMB, without charging any currency conversion fee, and can enjoy different discounts and concessions. Debit card consumption is not limited by credit limit, and it is recommended to use debit card for large consumption.
pay
Some parts of Malaysia support WeChat payment, but the specific services supported are limited. Only some shops in Penang can pay with Alipay. Basically, you can't use WeChat/Alipay.
It is recommended that friends bring UnionPay cards and VISA cards. Most ATMs can use UnionPay cards, and most stores can also use UnionPay cards. Of course, there are places where you can't use UnionPay cards, so you should also bring the exchanged currency.
It is more convenient to pay for street snacks in cash and change them to Malaysian ringgit.
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