Malaysia is an Asian country where the maximum number of followers of Islam live. If we talk about the currency here, the official currency here is Ringgit (Malaysian Ringgit – MYR), which is usually written as RM. It is considered one of the most stable and reliable currencies of South-East Asia. The notes in circulation in the country are RM1, RM5, RM10, RM20, RM50 and RM100, while coins (called sen) are available in denominations of 5, 10, 20 and 50 sen.

According to the report of Vice.com, the value of 1 Malaysian Ringgit is equal to Rs 20.76 in India. However, this rate depends on the dollar index and global market conditions, so slight fluctuations are possible. According to this, if an Indian earns a salary of 1 lakh ringgit in Malaysia, then after coming to India its value will be 20 lakh 75 thousand, which is considered a very good income in India.

Difference in expenditure between India and Malaysia

Cost of living in Malaysia is slightly higher than India. Rent for a one-bedroom apartment in Kuala Lumpur ranges from RM1500 to RM2500, while in India such properties go for around ₹20,000–₹30,000. The cost of petrol and public travel is slightly lower than in India. Private hospitals and health insurance are expensive, but their quality is high. The fees of international schools can be almost double or triple compared to India. Despite this, if compared with cities like Singapore or Dubai, Malaysia proves to be an affordable and accessible option.

Employment opportunities in Malaysia for Indian professionals

Malaysia’s economy is now developing rapidly in the technological, service and industrial sectors. Due to this, the demand for Indian professionals has also increased continuously. IT, engineering, finance and healthcare are the sectors where Indian experts are employed in large numbers. The Malaysian government is keeping the work visa policy flexible in these areas, so that local industries can be boosted with foreign skills.

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