The comparison table above helps you see the total cost of your OFX 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’.
Compare OFX Exchange Rates & Fees - Save Time & Money
Our OFX MYR 10000 to GBP rate is 0.1833. This is -0.49% below the mid-rate.
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 for GBP/MYR.
Key drivers:
• Rate gap: UK rate cuts vs. strong Malaysian outlook.
• Risk/commodities: High oil prices boost MYR.
• Macro factor: Malaysia's GDP growth >5% vs. UK's slowing growth.
Range: GBP/MYR likely to stay within recent range with slight drift.
What could change it:
• Upside risk: Unexpected UK economic rebound.
• Downside risk: Global tensions strengthen MYR.
Current sentiment suggests GBP may struggle against MYR due to these factors
@bestfxrates
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
OFX Send Money conversion rate for MYR to GBP?
The OFX MYR to GBP exchange rate is 0.1833. This is -0.49% compared to the latest MYR-GBP mid-market rate 0.1842.
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
OFX - Ringgit to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest MYR-GBP mid-rate and the possible savings of using various providers.
How do OFX 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 0.1833, -0.49% from the latest mid-market rate 0.1842.
The next best is Wise at 0.1831, -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 OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: