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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I have British Pounds
GBP 1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
The more you order the lower the fee
I want to buy
Last updated on
Source: compareholidaymoney.com
I have British Pounds
GBP
I want to buy
| You Sell | Exchange rate | You Get (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*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.
Log in to your account or visit the home page and select the currency Malaysian Ringgit and confirm the amount you wish to buy
Our Malaysian Ringgit rates move with the market, once you confirm your order we fix your rate
Royal Mail will require a signature from someone in the property at the time of delivery
Pay via bank transfer or credit, debit cards. We can only dispatch Malaysian Ringgit currency once we have received cleared funds
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.
We use Royal Mail Special Delivery which is a fully insured and secure home delivery service
You can receive your Malaysian Ringgit as early as next working day direct to your home.
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.
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.
If so please visit Sterling FX for exceptional in branch Malaysian Ringgit rates - www.sterlingfx.co.uk/london-branch
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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