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 = 5.7126 MYR

▲+0.2%

14d-highs

GBP to MYR is at 14-day highs near 5.7127, just below its 3-month average, having traded in a very stable 3.5% range from 5.6105 to 5.8088

15-AUG 8PM-NY 16-AUG 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 MYR = 0.1751 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
01 Aug 2025	5.6809	0.7% ▲	2 Week
17 May 2025	5.7050	0.2% ▲	3 Month
15 Aug 2024	5.7046	0.2% ▲	1 Year
16 Aug 2020	5.4918	4.1% ▲	5 Year
18 Aug 2015	6.4017	10.7% ▼	10 Year
20 Aug 2005	6.7650	15.5% ▼	20 Year

GBP/MYR historic rates & change to 15-Aug-2025

GBP to MYR is currently around 5.7127, near a 14-day high amid mixed economic signals. Analysts warn that potential Bank of England rate cuts could pressure GBP, while MYR faces headwinds from US tariffs and fluctuating oil prices. Monitor trends closely for strategic ops

@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 5.7126
£ 5	RM 28.56
£ 10	RM 57.13
£ 20	RM 114.25
£ 50	RM 285.63
£ 100	RM 571.26
£ 250	RM 1,428
£ 500	RM 2,856
£ 1,000	RM 5,713
£ 2,000	RM 11,425
£ 5,000	RM 28,563
£ 10,000	RM 57,126
£ 20,000	RM 114,252
£ 50,000	RM 285,630
£ 100,000	RM 571,260

GBP	MYR
£ 0.1751	RM 1
£ 0.8755	RM 5
£ 1.7510	RM 10
£ 3.5020	RM 20
£ 8.7550	RM 50
£ 17.51	RM 100
£ 43.78	RM 250
£ 87.55	RM 500
£ 175.10	RM 1,000
£ 350.20	RM 2,000
£ 875.50	RM 5,000
£ 1,751	RM 10,000
£ 3,502	RM 20,000
£ 8,755	RM 50,000
£ 17,510	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 5.6869 from Wise. This is -0.45% compared to the mid-market rate 5.7126.

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 5.6869, -0.45% from the latest mid-market rate 5.7126.

The next best is OFX at 5.684, -0.5% from the mid-rate.

Then XE at 5.6783, which is -0.6% from the mid-rate.

The Western Union rate is 5.6555 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 5.2982 at -7.3% the Royal Bank of Scotland rate is 5.3325 at -6.7% and the Barclays Bank rate is 5.5127 at -3.5% compared to the mid-rate 5.7126.

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