The comparison table above helps you see the total cost of your BankSA currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to MYR Market Data
British pound (GBP) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to MYR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Malaysian ringgit is to review how the GBP/MYR rate has changed over time.
The table below shows the percentage change in the GBP to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/MYR
Change
Period
13 Aug 2025
5.7189
0.5% ▼
2 Week
29 May 2025
5.7202
0.5% ▼
3 Month
27 Aug 2024
5.7574
1.1% ▼
1 Year
28 Aug 2020
5.5616
2.4% ▲
5 Year
30 Aug 2015
6.4388
11.6% ▼
10 Year
01 Sep 2005
6.8788
17.2% ▼
20 Year
GBP/MYR historic rates & change to 27-Aug-2025
GBP/MYR is at 5.6832, 0.6% below the 3-month avg. Analysts note mixed UK data and inflation concerns, alongside a resilient services sector boosting GBP. Meanwhile, BNM's recent rate cut to combat growth risks keeps MYR's outlook balanced amid external pressures
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GBP to MYR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to MYR?
The best GBP to MYR exchange rate is 5.693 from Wise. This is -0.45% compared to the mid-market rate 5.7187.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
BankSA - Sterling to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
BankSA and other foreign exchange providers against the latest GBP-MYR mid-rate and the possible savings of using various providers.
How do BankSA GBP-MYR rates compare between providers?
Looking at the full
GBP to MYR - Send Money comparison table the provider with the best GBP to MYR exchange rate is Wise at 5.693, -0.45% from the latest mid-market rate 5.7187.
Then XE at 5.6844, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like BankSA often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.