Malaysia is a fairly cheap country to travel around. Costs can quickly escalate however if you are moving from place to place fairly quickly, and cramming in a lot of paid attractions and tours.
The currency in Malaysia is the ringgit (MYR), and there are 100 sen in one ringgit. The currency exchange rate is currently 1 GPB to 5.6 MYR, or 1 USD to 4.2 MYR.
A note on alcohol
Although the people of Malaysia aren’t all Muslim, the county’s official religion is Islam. By law, all ethnic Malays are required to be Muslim. Malaysian governance follows Islamic customs and rules. Alcohol, therefore, can be quite expensive in Malaysia. The island of Langkawi, however, is tax free, making it a good place for people who like to spend long nights partying and drinking, and also for people who want to indulge in a little retail therapy while in Malaysia.
Areas that see fewer tourists often have slightly lower price tags. Additionally, it is generally cheaper to explore peninsula Malaysia than it is to discover Malaysian Borneo. The capital of Kuala Lumpur may not be as expensive as you may at first think; while it is definitely possible to splurge and blow through your budget quite quickly in the city, it is also possible to keep costs down and explore for a fairly modest amount. It is, unusually, often cheaper to travel in the more affluent parts of the nation than it is to travel through poorer areas.
How to travel on a budget in Malaysia
Lone travellers who stay in hostels, eat at cheaper establishments or from street food carts, use locals transportation or walk, and avoid attractions with higher admission costs can get by in Malaysia for around 100 MYR (£18) per day. Increasing the daily budget to around 200 MYR each day will allow more flexibility and the option to include more attractions and splash out on a fancier meal or a few drinks from time to time.