MYR to GBP Transfers Compared

   

GBP to MYR sits at 5.6742, showing a stable range with mild fluctuations of 2.4% over the past three months. Analysts note cautious sentiment ahead of the UK's GDP data, with modest growth expectations potentially weighing on the pound. Meanwhile, MYR faces pressure from recent rate cuts and declining oil prices

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What is the best Send Money conversion rate for MYR to GBP?

The best MYR to GBP exchange rate is 0.1754 from OFX . This is -0.45% compared to the mid-market rate 0.1762.

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 MYR to GBP - Send Money comparison table the provider with the best MYR to GBP exchange rate is OFX at 0.1754, -0.45% from the latest mid-market rate 0.1762.

The next best is Wise at 0.175, -0.68% from the mid-rate.

Then WorldRemit at 0.1736, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.1707 at -3.1% the OCBC Bank rate is 0.1701 at -3.5% and the Maybank rate is 0.1701 at -3.5% compared to the mid-rate 0.1762.

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.