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Buy Malaysian Ringgit (MYR) at the best exchange rate

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How are we cheaper and transparent?

Most banks and bureaux de change add on various margins to the British Pound to Malaysian Ringgit exchange rate that customers are not aware of making it harder for you to compare exchange rates on offer. We have gone one step further. To offer you low-cost exchange rates on your travel money whilst giving you access to the live interbank exchange rate for GBP/MYR at the point of when you transact for complete transparency. Compare our currency exchange rates and see how much you could save. So, if you are looking for the best place to buy Malaysian Ringgit, then you are at the right place.

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1 GBP = Your exchange rate

What is the mid market rate
The mid market rate is also known as the interbank rate and it is the mid point between the buy and sell prices of a currency pair.
1 GBP = Mid Market Rate

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Source: compareholidaymoney.com

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(After fees)

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*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.

Follow the simple steps to buy Malaysian Ringgit currency

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Place a currency travel money order online to buy Malaysian Ringgit

Log in to your account or visit the home page and select the currency Malaysian Ringgit and confirm the amount you wish to buy

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Confirm your Malaysian Ringgit exchange rate

Our Malaysian Ringgit rates move with the market, once you confirm your order we fix your rate

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Select a delivery date

Royal Mail will require a signature from someone in the property at the time of delivery

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Payment

Pay via bank transfer or credit, debit cards. We can only dispatch Malaysian Ringgit currency once we have received cleared funds

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Confirmation and tracking information

We shall email you a dispatch notification once your Malaysian Ringgit currency is on its way to you and this mail will include your tracking details.

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Delivery of Malaysian Ringgit currency

We use Royal Mail Special Delivery which is a fully insured and secure home delivery service

View our [ GBP to MYR] historical exchange rate graph below

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Interbank Exchange Rate

1 =

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You can receive your Malaysian Ringgit as early as next working day direct to your home.

History of the Malaysian Ringgit

The Ringgit is the official currency of Malaysia and the legal tender is issued by the "Bank Negara Malaysia". The word ringgit means "jagged" in Malay and originally referred to the serrated edges of silver Spanish dollars which was widely circulated in the area during the Portuguese colonial era. In August 1975, the Malay name "Ringgit" was officially accepted to denote Malaysian currency and is represented as RM.

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Between 1995 and 1997, the ringgit was trading as a free float currency however, after the year's East Asian financial crisis in September 1998, the Bank Negara Malaysia pegged the ringgit to the US dollar. On July 21, 2005, Bank Negara announced the end of the peg to the US dollar immediately after China's announcement of the end of the renminbi peg to the U.S. dollar.

Bank Negara Malaysia first issued Malaysian dollar banknotes in June 1967 in $1, $5, $10, $50 and $100 denominations. The $1000 denomination was first issued in 1968. Malaysian banknotes have always carried the image of Tuanku Abdul Rahman, the first Yang di-Pertuan Agong of Malaysia and long followed a colour code originating from colonial times. Change is now happening in terms of the fibres used to produce the currency and according to Bank Negara, all paper banknotes will eventually be phased out and replaced by polymer notes for added security and durability.

If you are planning to travel to Malaysia, The Currency Club offers the most competitive tourist exchange rates for Malaysian Ringgit. We offer an integrated online platform that provides members with greater transparency with all currencies supplied with direct access to the live interbank exchange rate before confirming your best exchange rate.

Register, become a member and via your own designated account order travel money efficiently and at your convenience. Place your order through The Currency Club travel money service for the best Malaysian Ringgit exchange rate.

Would you still feel more comfortable buying Malaysian Ringgit in a London branch?

If so please visit Sterling FX for exceptional in branch Malaysian Ringgit rates - www.sterlingfx.co.uk/london-branch

Get rate alerts Malaysian Ringgit straight to your email inbox

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What is the value of Malaysian Ringgit note?

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GBP flagGBP MYR flagMYR

1.00 GBP
=
5.97MYR
10.00 GBP
=
59.75MYR
100.00 GBP
=
597.50MYR
1,000.00 GBP
=
5,975.03MYR
10,000.00 GBP
=
59,750.30MYR
100,000.00 GBP
=
597,503.00MYR

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MYR flag MYR GBP flagGBP

1.00 MYR
=
0.16 GBP
10.00 MYR
=
1.67 GBP
100.00 MYR
=
16.73 GBP
1,000.00 MYR
=
167.36 GBP
10,000.00 MYR
=
1,673.64 GBP
100,000.00 MYR
=
16,736.40 GBP
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We can buy back your leftover Malaysian Ringgit so you can always transact at the best GBP to MYR exchange rate with no hidden fees.

About Us

The Currency Club is the UK's leading online transparent foreign exchange specialist. Whether you need to buy travel money or send money internationally at low cost, transact at the best exchange rates with direct visibility of the live interbank exchange rate every time before you transact.

Whether you are a private client or a business reach us today on 020 7723 7000

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