The comparison table above helps you see the total cost of your 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 details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to the United Kingdom can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the United Kingdom bank accounts or pay a British pound invoice.
MYR to GBP Market Data
Malaysian ringgit (MYR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MYR to GBP 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 Malaysian ringgit against the British pound is to review how the MYR/GBP rate has changed over time.
The table below shows the percentage change in the MYR to GBP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MYR/GBP
Change
Period
23 May 2025
0.1745
0.3% ▼
2 Week
08 Mar 2025
0.1754
0.8% ▼
3 Month
06 Jun 2024
0.1665
4.5% ▲
1 Year
07 Jun 2020
0.1842
5.5% ▼
5 Year
09 Jun 2015
0.1733
0.4% ▲
10 Year
11 Jun 2005
0.1448
20.2% ▲
20 Year
MYR/GBP historic rates & change to 06-Jun-2025
#FX Alert: GBP/MYR trading at 5.74, under pressure from Trump's tariffs (10% UK, 24% MY). Analysts warn of continued volatility as trade tensions impact both currencies. Forecasters watching oil prices (down 2.3%) as key factor for MYR movement in coming weeks
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
The standard OFX MYR-GBP rate is 0.1726036, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Malaysian ringgit (MYR) to British pound (GBP) rates from different sources before making a conversion.
The above
Ringgit to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest MYR-GBP mid-rate and the possible savings of using various providers.
How do MYR-GBP rates compare between providers?
Looking at the
full comparison table
the best MYR to GBP exchange rate is 0.1738 from OFX, -0.52% from the mid-market rate 0.1747. The next best rate is 0.1734 from Wise, -0.74% from the mid-rate. Then WorldRemit with 0.172 is -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 0.1693 at -3.1% the OCBC Bank rate is 0.1685 at -3.5% and the Maybank rate is 0.1685 at -3.5% compared to the mid-rate 0.1747.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.
View a full list of exchange rates by selecting your Base (from) currency: