Live rate: 1 GBP = 5.2533 MYR

Inverted: 1 MYR = 0.1904 GBP

Provider Exchange Rate Fee Recipient gets Service Notes Action

Live Market Rate

5.2533 Set Alert Set Alert
Horizon Currency 5.2375 0 5.2375 International Payments and Transfers Experts in international money transfers for business and individuals, delivering industry-beating exchange rates.
Global Reach 5.2165 0 5.2165 International Payments and Transfers Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent.
Travel FX 5.0116 0 5.0116 Holiday FX, Cash Delivery A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00 , no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available.

Best Bank Rate

Banks
5.1062 Variable 5.1062 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI

Worst Bank Rate

Banks
5.0694 Variable 5.0694 Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt
The coventfx inf 0 inf Holiday FX, Cash Delivery Covent Garden FX is a family-owned and operated Bureau De Change located in the heart of Central London. Established for over 20 years, we offer extremely competitive exchange rates with no commission and no fees.

Airport Pickup

Moneycorp
5.1745 0 5.1745 Holiday FX, Cash Delivery Booking Online prior to pickup is the key to getting a good rate

GBP/MYR Live Chart and Data

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For full historical data please visit: GBP/MYR exchange rate history pages for the year 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

January - 2023

SunMonTueWedThuFriSat
1
2
3

Open: 5.3428

Close: 5.2988

Mid: 5.3184

4

Open: 5.2979

Close: 5.3075

Mid: 5.2967

5

Open: 5.3079

Close: 5.2922

Mid: 5.3018

6

Open: 5.2881

Close: 5.2874

Mid: 5.2698

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Open: 5.2887

Close: 5.3699

Mid: 5.3293

10

Open: 5.3671

Close: 5.3187

Mid: 5.3429

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Open: 5.3186

Close: 5.3075

Mid: 5.3131

12

Open: 5.3077

Close: 5.3162

Mid: 5.3119

13

Open: 5.3143

Close: 5.3070

Mid: 5.3052

14
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Open: 5.3069

Close: 5.2913

Mid: 5.3002

17

Open: 5.2894

Close: 5.3251

Mid: 5.3017

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Open: 5.3241

Close: 5.3456

Mid: 5.3330

19

Open: 5.3447

Close: 5.3329

Mid: 5.3315

20

Open: 5.3328

Close: 5.3116

Mid: 5.3222

21
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Open: 5.3342

Close: 5.3317

Mid: 5.3330

24
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Open: 5.3271

Close: 5.3004

Mid: 5.3012

26

Open: 5.2993

Close: 5.2720

Mid: 5.2826

27

Open: 5.2711

Close: 5.2611

Mid: 5.2592

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February - 2023

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October - 2023

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November - 2023

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December - 2023

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Compare Exchange Rates:

Know What the Best Exchange Rate Looks Like

Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.

Why

Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.

But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.

Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.

Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.

For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).

Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.

Safety is Everything

Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.