Western Union MYR to GBP Exchange Rates & Currency Deals
MYR-GBP Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
MYR to GBP Market Data
Malaysian ringgit (MYR) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bearish-to-range-bound, as USD/GBP sits below its longer-term average and in the lower half of the three-month range, with limited near-term upside.
GBP/MYR is bearish-to-range-bound, below the 90-day avg and in the lower half of the 3-month range. Oil remains above its 3-month avg and USD softening support MYR; BoE easing vs Malaysia's steadier stance narrows the gap.
Bias
bearish-to-range-bound, GBP/MYR is below its 90-day average and sits in the lower half of the three-month range.
Key drivers
- Rate gap: The BoE is expected to ease gradually while Malaysia’s stance remains steadier, narrowing any clear advantage for GBP against MYR.
- Risk/commodities: Oil is trading above its three-month average with added volatility, a dynamic that typically supports the MYR through its commodity/export links.
- Macro factor: US rate cuts have eased the dollar, a trend that tends to support the MYR on a broad basis.
Range
GBP/MYR is likely to drift within the recent range, with a modest tilt toward the lower end as market momentum shifts.
What could change it
- Upside risk: Stronger-than-expected UK data or inflation that slows BoE easing could lift GBP versus MYR.
- Downside risk: A renewed risk-off move strengthening the USD or a sharp drop in oil could pressure the pair lower
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MYR to GBP 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 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 * :
What is the
best Send Money conversion rate for MYR to GBP?
The best MYR to GBP exchange rate is 0.183 from OFX . This is -0.49% compared to the mid-market rate 0.1839.
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
Western Union - Ringgit to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest MYR-GBP mid-rate and the possible savings of using various providers.
How do Western Union 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 0.183, -0.49% from the latest mid-market rate 0.1839.
The next best is Wise at 0.1828, -0.6% from the mid-rate.
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
like Western Union or platforms that offer rates closer to the mid-market rate.