Money Changers in Melaka: 3 Licensed Counters in the City
Money changers in Melaka cluster around the old town and the Bandar Hilir malls, which is where most visitors stay. Melaka, also spelt Malacca, gets many day-trippers from Singapore, so Singapore dollars are easy to change, as are US dollars, euros, pounds and the main Asian currencies.
This guide covers 3 licensed counters run by M.H. Din, a money changer licensed by Bank Negara Malaysia since 2007, checked in October 2026 against the company's own outlet list. We only list counters we could confirm on an operator's own website; other small changers operate in the old town, so look for the Bank Negara Malaysia licence displayed at the counter. Opening hours are not published, so call before you go.
Lompat ke tempat (4)
Money Changers in the Bandar Hilir Malls
M.H. Din Currency Exchange Mahkota Parade
M.H. Din lists a counter at G 03 on the Ground Floor of Mahkota Parade, the shopping centre on Jalan Merdeka in Bandar Hilir, a few minutes' walk from the Stadthuys, A Famosa and the Menara Taming Sari tower. The listed phone numbers are 06-288 9294 and 013-707 0786.
Mahkota Parade is close to several Bandar Hilir hotels, which makes this counter handy for changing money on arrival. Rates are shown on the board; check the "we buy" rate for the currency you are selling.
M.H. Din Currency Exchange Dataran Pahlawan
M.H. Din's second Bandar Hilir counter is at No BN 002 in Dataran Pahlawan Melaka Megamall, the long, low mall beside the Padang Pahlawan field on Jalan Merdeka. The company lists the phone number 019-222 2786.
Dataran Pahlawan and Mahkota Parade are a short walk apart on Jalan Merdeka, so you can compare the boards at both counters, and at any other licensed changers in the two malls, in a few minutes.
Money Changers in Little India
M.H. Din Currency Exchange Little India
M.H. Din lists its Little India Melaka counter at No. 7 Jalan Bendahara, in the old TNB building (Bangunan TNB Lama), on the main street of Melaka's Little India, on the east side of the river north of the Stadthuys, about ten minutes' walk from the Jonker Street area. The listed phone number is 06-288 8844.
Jalan Bendahara is a busy shopping street; if you are changing a larger sum, compare this board with the mall counters in Bandar Hilir first. Avoid anyone offering rates on the pavement and change only at a licensed counter.
Tips for Using Money Changers in Melaka
Bandingkan sekurang-kurangnya dua papan kadar
Licensed changers display their buying and selling rates. Look at the "we buy" column for the currency you are handing over, and compare two counters before changing more than a few hundred ringgit; in Bandar Hilir, Mahkota Parade and Dataran Pahlawan are a short walk apart.
Bawa wang kertas yang bersih dan tidak rosak
Torn, written-on, heavily creased or very old series notes may be refused or bought at a lower rate, especially US dollars. Large denominations usually get better rates than small notes.
Bawa pasport anda
Licensed money changers must check customer identity on larger transactions under Bank Negara Malaysia rules. Bring your passport, not a photocopy; some counters ask for it on any amount.
Only use licensed counters
Never change money with anyone approaching you on the street or in a car park. Licensed counters display their Bank Negara Malaysia licence, and you can search the licensee list on the Bank Negara Malaysia website.
Singapore dollars
Many shops around Jonker Walk will quote prices in ringgit only. If you are coming from Singapore for the day, change a modest amount at a licensed counter or use an ATM rather than paying in Singapore dollars at a poor shop rate.
ATM dan kad
Visa and Mastercard are accepted in Melaka malls, hotels and chain restaurants. Bank ATMs give a fair rate, but your home bank may charge a foreign withdrawal fee. If a terminal offers to charge you in your home currency, decline and pay in ringgit. Keep cash for the Jonker Walk night market and hawker stalls.
Money Changers in Melaka: Frequently Asked Questions
Where can I change money near Jonker Street?
The nearest confirmed licensed counters are M.H. Din in Little India at No. 7 Jalan Bendahara, about ten minutes' walk north of Jonker Street, and its counters in Mahkota Parade and Dataran Pahlawan in Bandar Hilir, about ten minutes' walk south across the river.
Is there a money changer in Mahkota Parade?
Yes. M.H. Din lists a counter at G 03 on the Ground Floor of Mahkota Parade, phone 06-288 9294 or 013-707 0786.
Can I change Singapore dollars in Melaka?
Yes. Singapore dollars are among the most commonly exchanged currencies in Melaka because of the many visitors from Singapore. Compare the board rates at two licensed counters for the best deal.
Adakah saya perlu pasport untuk menukar wang di Malaysia?
Yes for larger amounts, and some counters ask for it on any transaction. Licensed money changers must verify customer identity under Bank Negara Malaysia rules, so carry the original passport.