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MYR to GBP - Compare Rates

Malaysian Ringgit to Pound Sterling exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest interbank rate (wholesale):

1 MYR = 0.1881 GBP

Sell MYR / Buy GBP 


MYR/GBP - Trend & Alerts

MYR/GBP at 0.1881 is 1.7% above its 90-DAY average, range 0.1796 - 0.1899 .
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1-DAY0.6% (1d)90-DAY-HIGH (3d)
 
 

Comparing MYR GBP Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Malaysian Ringgit to Pound Sterling - Quick Conversions

MYR GBP
RM 1 £ 0.1881
RM 5 £ 0.9405
RM 10 £ 1.8810
RM 20 £ 3.7620
RM 50 £ 9.4050
RM 100 £ 18.81
RM 250 £ 47.03
RM 500 £ 94.05
RM 1,000 £ 188.10
RM 2,000 £ 376.20
RM 5,000 £ 940.50
RM 10,000 £ 1,881
RM 50,000 £ 9,405
RM 100,000 £ 18,810
More amounts
MYR GBP
RM 5.3166 £ 1
RM 26.58 £ 5
RM 53.17 £ 10
RM 106.33 £ 20
RM 265.83 £ 50
RM 531.66 £ 100
RM 1,329 £ 250
RM 2,658 £ 500
RM 5,317 £ 1,000
RM 10,633 £ 2,000
RM 26,583 £ 5,000
RM 53,166 £ 10,000
RM 265,830 £ 50,000
RM 531,660 £ 100,000
More amounts

To calculate other MYR/GBP FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate MYR to GBP .

Country Guides - Pound Sterling

 
United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
   

Malaysian Ringgit - Pound Sterling Forecasting

When determining the best time to make a foreign exchange transaction, in this case the MYR vs GBP, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

The Malaysian ringgit is up around 2.5% against the US dollar for 2020 (in August) and is gaining favour from bank commentators such as HSBC due to the attraction of the carry trade - the ability to earn higher interest when holding MYR versus other major currencies.

Read more in the article MYR Forecasts.

 

Pound Sterling (GBP)

In the 2nd half of August market analysts started forecasting risk to the downside for the pound from US 1.33 given the tight 7 week deadline for Brexit combined with the drop in domestic demand due to the pandemic.

US dollar weakness has helped the embattled pound continue its recovery off June and early July lows. Despite this brief upturn, the outlook remains pessimistic as Brexit uncertainty and questions over the economy’s ability to rebound after the pandemic weigh on the currency.

In late July pound sterling is heading back towards US1.30 due to US dollar weakness. This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years (below US1.16) in March as traders sought the safety of the USD.

The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Read more in the article GBP Forecasts.

 

How to get Best MYR to GBP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

Will MYR rise or fall against GBP?

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

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

MYR/GBP ratePeriod
15 Sep 2020 : 0.18791 Week
23 Aug 2020 : 0.182730 Days
24 Jun 2020 : 0.188390 Days
23 Sep 2019 : 0.19251 Year
24 Sep 2015 : 0.14995 Years
25 Sep 2010 : 0.205310 Years

MYR/GBP 10 year historic rates

 

When is the best time to exchange MYR to GBP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts