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    Best MYR to GBP Exchange Rates Compared Live

    The live mid-rate MYR to GBP exchange rate is 0.1713. Compare currency conversion rates - Reduce FX costs.

    MYR-GBP Loading Rates ...
     
     
    #GBPMYRupdate: Pound/Ringgit trading at 5.79, up 2.8% from 3-month avg despite UK's highest borrowing costs since '98. MYR under pressure from new US tariffs & falling oil prices. Analysts warn volatility ahead as UK fiscal constraints meet Malaysia's trade challenges

     
     

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

    The best MYR to GBP exchange rate is our partner deal rate of 0.1704 from OFX . This is -0.53% compared to the mid-market rate 0.1713.

    The standard OFX MYR-GBP rate is 0.1692444, -1.2% from the mid-rate. Visit OFX here to secure the better rate.

    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.

    How do MYR-GBP rates compare between providers?

    Looking at our comparison table the best MYR to GBP exchange rate is 0.1704 from OFX, -0.53% from the mid-market rate 0.1713. The next best rate is 0.1701 from Wise, -0.7% from the mid-rate. Then WorldRemit with 0.1687 is -1.5% from the mid-rate.

    Among the banks, the CIMB Bank rate is 0.166 at -3.1%, the OCBC Bank rate is 0.1653 at -3.5%, and the Maybank rate is 0.1653 at -3.5% compared to the mid-rate 0.1713.

    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.

     

    Compare Rates

     

    The Ringgit to Sterling comparison table above 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 (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    MYR to GBP Market Data

    Malaysian ringgit (MYR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell MYR   →   Buy GBP
    1 MYR =
    0.1713We compare provider deals to this wholesale mid-market rate. Read more
    GBP
    ▼-0.1% since yesterday
    MYR to GBP at 0.1727 is 2.8% below its 3-month average of 0.1777, having traded in a relatively stable 6.6% range from 0.1718 to 0.1832
    |
    Tracker

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      1 GBP = 5.8394 MYR
    DateMYR/GBPChangePeriod
    01 Apr 2025
    0.1745
    		1.4% ▼2 Week
    15 Jan 2025
    0.1812
    		5.1% ▼3 Month
    15 Apr 2024
    0.1683
    		2.2% ▲1 Year
    16 Apr 2020
    0.1844
    		6.7% ▼5 Year
    18 Apr 2015
    0.1841
    		6.6% ▼10 Year
    20 Apr 2005
    0.1372
    		25.4% ▲20 Year
    MYR/GBP historic rates & change to 15-Apr-2025
     

    What are equivalent amounts of MYR and GBP?

    Here are some popular conversion amounts for MYR to GBP (Malaysian ringgit to British pound)*.

    MYR GBP
    RM 1 £ 0.1713
    RM 5 £ 0.8565
    RM 10 £ 1.7130
    RM 20 £ 3.4260
    RM 50 £ 8.5650
    RM 100 £ 17.13
    RM 250 £ 42.83
    RM 500 £ 85.65
    RM 1,000 £ 171.30
    RM 2,000 £ 342.60
    RM 5,000 £ 856.50
    RM 10,000 £ 1,713
    RM 20,000 £ 3,426
    RM 50,000 £ 8,565
    RM 100,000 £ 17,130
    MYR GBP
    RM 5.8394 £ 1
    RM 29.20 £ 5
    RM 58.39 £ 10
    RM 116.79 £ 20
    RM 291.97 £ 50
    RM 583.94 £ 100
    RM 1,460 £ 250
    RM 2,920 £ 500
    RM 5,839 £ 1,000
    RM 11,679 £ 2,000
    RM 29,197 £ 5,000
    RM 58,394 £ 10,000
    RM 116,788 £ 20,000
    RM 291,970 £ 50,000
    RM 583,940 £ 100,000

    More amounts

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

     
     

    Forecasts for MYR to GBP

     

    The exchange rate forecast for the Malaysian Ringgit (MYR) against the British Pound (GBP) reflects a complicated interplay of geopolitical tensions and economic fundamentals. Current forecasts indicate that the MYR sits at 0.1728 against the GBP, which is 2.9% below its three-month average of 0.1779. The MYR has experienced stability in recent performance, trading within a relatively narrow range of 0.1718 to 0.1832.

    Read our full review of recent MYR to GBP forecasts.

     
    GBP to MYR flags

    How to get a good MYR to GBP exchange rate

    There are several ways to save on exchange rates when converting Malaysian ringgit to British pound:

    1. Shop around for the best MYR/GBP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the MYR/GBP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and GBP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying British pound with Malaysian ringgit, then it's better for the MYR/GBP exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    Read our Currency guide to the United Kingdom — a practical currency and money guide to travel in the United Kingdom plus living and doing business with the British pound.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the Malaysian ringgit rise against the British pound?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MYR/GBP to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Manage Tracker   

     

    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
    JerseyJersey (GBP)MalaysiaMalaysia (MYR)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
     

    Expat and Business Guide to Life in the UK

    The United Kingdom (UK) offers a rich blend of historical charm, modern infrastructure, and diverse opportunities, making it an attractive destination for expatriates and business professionals alike. Here's a comprehensive guide to help you settle in and thrive in the UK.

    1. Living in the UK as an Expat

    Housing

    • Options: Choices range from urban apartments in cities like London, Manchester, and Edinburgh to countryside homes.
    • Renting: Rental prices vary significantly, with London being the most expensive. Shared accommodation is a popular cost-saving option.
    • Tips: Use online platforms like Rightmove or Zoopla for housing searches, and be prepared to provide references and a deposit.

    Healthcare

    • The UK offers a public healthcare system known as the National Health Service (NHS).
    • Registration: Expats on long-term visas can access the NHS after paying an Immigration Health Surcharge as part of their visa application.
    • Private Healthcare: Many expats opt for private insurance for quicker access to specialists.

    Education

    • Public Schools: Free for children of residents, though quality varies by area.
    • Private Schools: Offer smaller class sizes and extracurricular activities, though they are costly.
    • Higher Education: The UK is home to prestigious universities like Oxford, Cambridge, and Imperial College London.

    Cost of Living

    • The cost of living varies widely; London is significantly more expensive than smaller cities or rural areas.
    • Essentials like groceries and transportation are affordable, but rent and utilities can be high in urban areas.

    2. Working in the UK

    Work Visas

    • Most expats require a work visa unless they are from the European Union or hold a status under the EU Settlement Scheme.
    • Popular visas include the Skilled Worker visa and the Global Talent visa.

    Business Etiquette

    • Punctuality is highly valued.
    • Meetings often begin with small talk before moving on to business matters.
    • Formal attire is common in business settings, though some industries like tech lean towards smart casual.

    Employment Rights

    • Workers are entitled to a minimum wage, statutory sick pay, and annual leave.
    • Employers must provide contracts outlining terms of employment.

    Job Market

    • Key industries include finance, technology, healthcare, and education.
    • Networking is crucial; platforms like LinkedIn and professional events can open doors.

    3. Starting a Business in the UK

    Business Structures

    • Popular business types include sole proprietorships, partnerships, and limited companies.
    • Register your business with Companies House and comply with UK tax laws.

    Funding and Support

    • The UK offers various funding options, including startup loans and venture capital.
    • Organizations like Innovate UK provide grants for tech and innovation-focused businesses.

    Taxes

    • Businesses must register for VAT if their annual turnover exceeds the threshold (£85,000 as of 2024).
    • Corporation tax is levied on profits, and rates are subject to change.

    Workspaces

    • Co-working spaces like WeWork and Regus are popular in cities, offering flexible lease terms.

    4. Adapting to UK Culture

    Language

    • English is the official language, but regional accents and dialects can vary greatly. Learning some local slang can be helpful.

    Social Etiquette

    • The British are generally polite and reserved. Saying "please" and "thank you" is important.
    • Pubs are central to social life; it’s customary to take turns buying drinks for your group.

    Transportation

    • Public transport is efficient and includes trains, buses, and the London Underground.
    • Owning a car can be useful in rural areas but is unnecessary in cities.

    Weather

    • The UK is known for unpredictable weather. Always carry an umbrella and dress in layers.

    5. Key Challenges for Expats

    • Adjusting to the Climate: The weather can be gloomy, especially in winter.
    • Navigating Bureaucracy: Processes like obtaining a visa or registering for healthcare can be time-consuming.
    • Cost of Living: Budgeting is essential, especially in cities like London.

    6. Resources for Expats and Businesses

    • Expat Communities: Join groups on platforms like Meetup or Facebook to connect with fellow expats.
    • Government Resources: Visit gov.uk for official information on visas, taxes, and business registration.
    • Professional Organizations: Membership in industry associations can provide networking opportunities.

    The UK offers a dynamic environment for expats and business professionals, combining a high standard of living with countless opportunities for personal and professional growth. By understanding the essentials of living and working in the UK, you can navigate this exciting journey with confidence.

    Read more at our United Kingdom (GBP) country guide

       
     
     
     

    Related exchange rates

    MYR/USD
    0.2266
    MYRUSD 90 day chart
    —
    30d-highs
    GBP/USD
    1.3234
    GBPUSD 90 day chart
    ▲+0.1%
    GBP/MYR
    5.8394
    GBPMYR 90 day chart
    ▲+0.1%
    MYR/SGD
    0.2983
    MYRSGD 90 day chart
    ▼-0.2%
    90d-lows
    MYR/TWD
    7.3579
    MYRTWD 90 day chart
    —

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    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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