Currency Exchange at Penang Sentral in Butterworth

Penang Sentral is the main transportation hub of Penang which is located in Butterworth, Malaysia. It’s the main bus station of Butterworth and also the place where you can take a ferry to Georgetown. If you will need some local currency on the way, you can find a money changer and do currency exchange at Penang Sentral.

Money Changer at Penang Sentral

Money Changer at Penang Sentral is located on the 2nd level, at the booth No. L2-07. Currency exchange at Penang Sentral is offered by the company called Triple Trillion.

Currency Exchange at Penang Sentral in Butterworth

Foreign Exchange Rates at Penang Sentral

Penang Sentral foreign exchange rates might not be as good as currency exchange rates in Georgetown but they are still much better than exchange rates at Penang International Airport (PEN).

What foreign exchange rates can be expected at Penang Sentral?

Currency Exchange at Penang Sentral in Butterworth

USD to MYR exchange rate at Penang Sentral

The official USD exchange rate at the time was 4.08 MYR for 1 US Dollar, so the rate offered at Penang Sentral (3.95 MYR/USD) was by 0.13 MYR lower than the official rate. For every dollar exchanged here you’re losing about 0.033 USD or 3.3 USD per 100 USD.

At the same time, some of money changers in Georgetown were offering 4.05 MYR/USD. However, at Penang Airport you could get only 3.80 MYR/USD.

EUR to MYR exchange rate at Penang Sentral

The official EUR exchange rate at the time was 4.61 MYR for 1 Euro, so the rate offered Penang Sentral (4.52 MYR/EUR) was by 0.09 MYR lower than the official rate. For every Euro exchanged here you’re losing about 0.02 EUR or about 2 EUR per 100 EUR. Surprisingly, Euro exchange rate is better than USD exchange rate offered here but it is still not as good as you can get in Georgetown.

At the same time, some of money changers in Georgetown were offering 4.56 MYR/EUR. However, at Penang Airport you could get only 4.44 MYR/EUR.

 

Exchange rates of other currencies at Penang Sentral

The official GBP exchange rate at the time was 5.26 MYR for 1 Sterling Pound, so the rate offered at Penang Sentral (5.05 MYR/GBP) was by 0.21 MYR or 4.1% lower than the official rate.

The official AUD exchange rate at the time was 2.92 MYR for 1 Australian Dollar, so the rate offered at Penang Sentral (2.85 MYR/AUD) was by 0.07 MYR or about 2.5% lower than the official rate.

The official SGD exchange rate at the time was 3.01 MYR for 1 Singapore Dollar, so the rate offered at Penang Sentral (2.94 MYR/SGD) was by 0.07 MYR or about 2.38% lower than the official rate.

 

Best Exchange Rates in Penang

Even if foreign exchange rates at Penang Sentral are significantly better than the rates at Penang Airport, exchanging money here is not recommended as you can get better exchange rates in Georgetown. The best currency exchange rates we could find in Penang were at money changer near Komtar. For more details check here: Best Currency Exchange Rates in Georgetown, Penang.

Tips

If you are planning to take a ferry to Penang, check here: Ferry to Penang from Butterworth – Taking Rapid Ferry.

More tips for traveling in Malaysia can be found here: Malaysia Travel Tips.

 

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