Maybank MYR to GBP Transfers Compared

   

GBP is under pressure at 5.5059 MYR, 1.1% below the 3-month avg as analysts cite sluggish UK growth and dovish BoE rate cut expectations. In contrast, MYR is strong from robust exports and solid fiscal policy. Currency trends suggest continued volatility ahead

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

The Maybank MYR to GBP exchange rate is 0.1762. This is -3.5% compared to the latest MYR-GBP mid-market rate 0.1826.

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. 

How do Maybank 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 0.1817, -0.49% from the latest mid-market rate 0.1826.

The next best is Wise at 0.1815, -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 0.1769 at -3.1% the OCBC Bank rate is 0.1762 at -3.5% and the Maybank rate is 0.1762 at -3.5% compared to the mid-rate 0.1826.

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.