OCBC Bank GBP to MYR Exchange Rates & Currency Deals
GBP-MYR Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank 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
24 Jul 2025
5.6939
0.8% ▼
2 Week
09 May 2025
5.7227
1.3% ▼
3 Month
07 Aug 2024
5.7026
1% ▼
1 Year
08 Aug 2020
5.4647
3.4% ▲
5 Year
10 Aug 2015
6.1243
7.8% ▼
10 Year
12 Aug 2005
6.8044
17% ▼
20 Year
GBP/MYR historic rates & change to 07-Aug-2025
GBP to MYR is at 5.6390, down 1.5% from its 3-month avg. as analysts expect potential dovish shifts from the BoE with a possible rate cut. MYR faces pressure from a 24% U.S. tariff on imports, adding to trade war concerns. Monitor key economic indicators and geopolitical developments closely
@bestfxrates
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 5.6311 from Wise. This is -0.45% compared to the mid-market rate 5.6566.
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
OCBC Bank - Sterling to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OCBC Bank and other foreign exchange providers against the latest GBP-MYR mid-rate and the possible savings of using various providers.
How do OCBC Bank 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 5.6311, -0.45% from the latest mid-market rate 5.6566.
The next best is OFX at 5.6283, -0.5% from the mid-rate.
Then XE at 5.6226, 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 OCBC Bank 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.