The live mid-rate MYR to GBP exchange rate is 0.1758. Compare currency conversion rates - Reduce FX costs.
The best MYR to GBP exchange rate is our partner deal rate of 0.1749 from OFX . This is -0.51% compared to the mid-market rate 0.1758.
The standard OFX MYR-GBP rate is 0.1736904, -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.
Looking at our comparison table the best MYR to GBP exchange rate is 0.1749 from OFX, -0.51% from the mid-market rate 0.1758. The next best rate is 0.1745 from Wise, -0.74% from the mid-rate. Then WorldRemit with 0.1731 is -1.5% from the mid-rate.
Among the banks, the CIMB Bank rate is 0.1704 at -3.1%, the OCBC Bank rate is 0.1696 at -3.5%, and the Maybank rate is 0.1696 at -3.5% compared to the mid-rate 0.1758.
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.
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.
Malaysian ringgit (MYR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | MYR/GBP | Change | Period |
|---|---|---|---|
14 May 2025 | 0.1752 | 0.5% ▼ | 2 Week |
27 Feb 2025 | 0.1785 | 2.3% ▼ | 3 Month |
28 May 2024 | 0.1670 | 4.4% ▲ | 1 Year |
29 May 2020 | 0.1863 | 6.4% ▼ | 5 Year |
31 May 2015 | 0.1787 | 2.4% ▼ | 10 Year |
02 Jun 2005 | 0.1449 | 20.4% ▲ | 20 Year |
Here are some popular conversion amounts for MYR to GBP (Malaysian ringgit to British pound)*.
*Converted at the current MYRGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent exchange rate forecasts for the Malaysian Ringgit (MYR) to British Pound (GBP) reflect the heightened volatility in the currency markets driven largely by geopolitical events and economic indicators. The MYR is currently trading at 0.1745 against the GBP, maintaining a stable range over the past three months, fluctuating between 0.1705 and 0.1795. This relative stability, however, masks significant pressures from the evolving trade dynamics and currency pressures in emerging markets, particularly spurred by U.S. tariffs imposed on Malaysia, which now stands at 24%.
Read our full review of recent MYR to GBP forecasts.
There are several ways to save on exchange rates when converting Malaysian ringgit to British pound:
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.
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.
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
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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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