You can, but quite often I have noticed that the money changers do not give any rates for Indian Rupees on the exchange board.
@Steady & PaperStoneScissors: Thanks for the reply.
its shocking to know no exchange for Indian Currency, There is no forex card available for MYR.
I heard there is 1000MYR allowed per person to Carry, im worried now on Carry currency.
I Cant carry more 1000MYR/Per Head & Cant take INR as there is no conversion, How about recent travellers how they managed to go through this, hope i get few suggestions or information
Thanks for the update, USD is the best option I believe. Will to carry USD. Thank you all for help.
INR is a restricted currency as well. The Reserve Bank of India stipulates that a person can only bring abroad up to Rs 5000 Indian currency notes (about RM335). Since the demonetization of Rs 500 and Rs 1000 notes last year, overseas money changers had stopped taking INR for a while, not sure whether it is still the case.
As for the Malaysian customs limit, it says on the website: "A resident and non-resident are permitted to carry into and out of Malaysia, ringgit notes not exceeding USD 10,000 equivalent per person." That is about RM 43,000 per person; short-term tourists usually won't need or bring money anywhere near that amount. If you can get RM notes in India, change directly to MYR might be better than change to USD and change again while you're here. Maybe you can bring a mixture of USD and MYR cash.
Besides cash, you can bring money in form of credit cards and ATM cards. Notify your bank and have them activate the overseas withdrawal function.Edited: 18 August 2017, 05:28
@Josh: Thanks for the details, i have plan to carry MIX of USD & MYR, so if any amount i save will get good exchange offer for USD in India.
Better you convert your currency to MYR in India.