Compare Best GBP to MYR transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to Malaysia 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 Malaysia bank accounts or pay a Malaysian ringgit invoice.

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 = 5.6339 MYR

1d−0.1%▼

GBP to MYR is at 7-day lows near 5.6470, just 0.6% below its 3-month average of 5.6785, having traded in a very stable 2.4% range from 5.6089 to 5.7415

22-OCT 8PM-NY 23-OCT 1AM-LON 8AM-HK 11AM-SYD

Tracker

1 MYR = 0.1775 GBP

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
09 Oct 2025	5.6125	0.5% ▲	2 Week
25 Jul 2025	5.6712	0.5% ▼	3 Month
23 Oct 2024	5.6206	0.4% ▲	1 Year
24 Oct 2020	5.4061	4.3% ▲	5 Year
26 Oct 2015	6.5121	13.4% ▼	10 Year
28 Oct 2005	6.7119	16% ▼	20 Year

GBP/MYR historic rates & change to 23-Oct-2025

GBP to MYR is under pressure, trading at 5.6470 MYR, 0.6% below its 3-month average. Analysts warn that soft UK inflation may prompt a BoE rate cut, heightening uncertainty for GBP. Meanwhile, MYR benefits from strong economic indicators and stable oil prices

@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 * :

GBP	MYR
£ 1	RM 5.6339
£ 5	RM 28.17
£ 10	RM 56.34
£ 20	RM 112.68
£ 50	RM 281.70
£ 100	RM 563.39
£ 250	RM 1,408
£ 500	RM 2,817
£ 1,000	RM 5,634
£ 2,000	RM 11,268
£ 5,000	RM 28,170
£ 10,000	RM 56,339
£ 20,000	RM 112,678
£ 50,000	RM 281,695
£ 100,000	RM 563,390

GBP	MYR
£ 0.1775	RM 1
£ 0.8875	RM 5
£ 1.7750	RM 10
£ 3.5500	RM 20
£ 8.8750	RM 50
£ 17.75	RM 100
£ 44.38	RM 250
£ 88.75	RM 500
£ 177.50	RM 1,000
£ 355.00	RM 2,000
£ 887.50	RM 5,000
£ 1,775	RM 10,000
£ 3,550	RM 20,000
£ 8,875	RM 50,000
£ 17,750	RM 100,000

More amounts

*Converted at the current GBP-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

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

The best GBP to MYR exchange rate is 5.6107 from Wise. This is -0.41% compared to the mid-market rate 5.6339.

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 Sterling to Ringgit 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 GBP-MYR mid-rate and the possible savings of using various providers.

How do 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 5.6107, -0.41% from the latest mid-market rate 5.6339.

The next best is OFX at 5.6058, -0.5% from the mid-rate.

Then XE at 5.6001, which is -0.6% from the mid-rate.

The Western Union rate is 5.5776 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 5.2557 at -6.7% the Royal Bank of Scotland rate is 5.2895 at -6.1% and the Barclays Bank rate is 5.4197 at -3.8% compared to the mid-rate 5.6339.

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.

Currency Forecasts related to GBP/MYR