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Understanding the Table:
The comparison table above helps you see the total cost of your Maybank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Malaysian ringgit (MYR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, MYR/GBP is holding near recent highs and trading close to its 3-month range high, supported by risk-off sentiment. GBP remains pressured by weak economic data and safe-haven flows to USD,...
In the near term, MYR/USD is trading close to recent highs, supported by risk-off sentiment and energy prices. The pair holds near its 90-day average and within its recent range.
Currently, USD/GBP is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call. Over the next few sessions, this balance may persist unless a clearer...
To help you understand the real-world value of the current exchange rate, the table below shows how much Malaysian ringgit are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
*Converted at the current MYR-GBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Maybank MYR to GBP exchange rate is 0.1853. This is -3.5% compared to the latest MYR-GBP mid-market rate 0.1920.
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 Maybank - Ringgit to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank and other foreign exchange providers against the latest MYR-GBP mid-rate and the possible savings of using various 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 0.1915, -0.26% from the latest mid-market rate 0.1920.
The next best is Wise at 0.1911, -0.47% from the mid-rate.
Among the banks the CIMB Bank rate is 0.186 at -3.1% the OCBC Bank rate is 0.1853 at -3.5% and the Maybank rate is 0.1853 at -3.5% compared to the mid-rate 0.1920.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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.
View a full list of exchange rates by selecting your Base (from) currency:
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