1.The exchange rate is negligible for me. If all my money is in euro, I would loss maybe 1sen per rm2.77. The huge loss is when you're transferring money from MYR to Euro

2.Yes, you can use your iphone n apple watch at any paywave enabled terminal, except Mcd drive thru, dunno why tak boleh hahhahahha. But just remember, Malaysian stores/cashiers etiquette is to take your card and tap it for you, so using mobile nfc payment is a bit weird for them. Some are weirded out by the N26 card itself cuz it doesn't look like any typical debit/credit card here in malaysia.