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GBP to MYR 2026 Forecasts

Analysis of recent sterling → ringgit forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to Malaysian ringgit performance and trends.

 

The current market bias for the GBP to MYR exchange rate is bearish.

Key drivers include:

  • The Bank of England is expected to reduce interest rates while inflation is projected to decline, impacting GBP negatively.
  • The Malaysian Ringgit benefits from strong economic fundamentals and positive fiscal reforms, supporting its appreciation.
  • Malaysia’s expectations of continued GDP growth and improved fiscal balance strengthen the MYR.

In the near term, the GBP to MYR is likely to trade within a stable range, with potential dips below recent lows given current economic indicators.

An upside risk could emerge if the UK retail sales figures show stronger-than-anticipated growth, boosting GBP. Conversely, a downside risk is presented by potential further interest rate cuts from the BoE, adding downward pressure on the pound. Additionally, fluctuations in oil prices, currently trading below their three-month average, could also influence MYR's performance against GBP.

GBP-MYR Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to MYR Market Data

British pound (GBP) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy MYR
1 GBP =
5.4519We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d−0.6%
30dLows
GBP to MYR is at 30-day lows near 5.4494, 1.3% below its 3-month average of 5.5252, having traded in a quite stable 5.0% range from 5.4156 to 5.6840
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Compare & Save - British pound to Malaysian ringgit

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

Use our GBP to MYR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Ringgit currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Malaysian ringgit?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs Malaysian ringgit current value is to look the GBP/MYR historic rate and change over a range of periods.

The following table looks at the change in the GBP to MYR exchange rate over periods from the previous week back to the last 10 years.

DateGBP/MYRChangePeriod
17 Dec 2025
5.4658
0.1% 2 Week
02 Oct 2025
5.6549
3.5% 3 Month
31 Dec 2024
5.5965
2.4% 1 Year
01 Jan 2021
5.5384
1.4% 5 Year
03 Jan 2016
6.3358
13.8% 10 Year
05 Jan 2006
6.6026
17.3% 20 Year
GBP/MYR historic rates & change to 31-Dec-2025

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/MYR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more