Malaysian ringgit (MYR) to British pound (GBP) exchange rate chart and trend analysis based on real data sourced directly from UK currency suppliers
Our British pound to Malaysian ringgit chart plots the actual Malaysian ringgit buyback rates offered by our panel of UK currency providers at the end of each day, so you can see the historical performance of the Malaysian ringgit against the pound and monitor fluctuations in the exchange rate over time.
This page shows the Malaysian ringgit to pound exchange rate, not the Malaysian ringgit buyback rate advertised in our Malaysian ringgit buyback comparisons. Both rates are the same, but the buyback rate is displayed in a different format due to the way UK currency suppliers advertise their buyback rates. Learn more
This annual exchange rate summary provides a detailed breakdown of the performance of the Malaysian ringgit against the British pound over the past several years so you can put today's Malaysian ringgit buyback rates into context:
| Year | Open | Close | Low | High | Change |
|---|---|---|---|---|---|
| 2024 | 0.1587 | --- | 0.1678 | 0.1529 | --- |
| 2023 | 0.1735 | 0.1588 | 0.1805 | 0.1538 | 9.25% |
| 2022 | 0.1733 | 0.1735 | 0.1976 | 0.1679 | -0.12% |
| 2021 | 0.1773 | 0.1733 | 0.1785 | 0.1651 | 2.30% |
| 2020 | 0.1809 | 0.1767 | 0.1929 | 0.1748 | 2.36% |
| 2019 | 0.1867 | 0.1808 | 0.1957 | 0.1749 | 3.27% |
| 2018 | 0.1799 | 0.1867 | 0.1876 | 0.1749 | -3.65% |
| 2017 | 0.1746 | 0.1799 | 0.18 | 0.1698 | -2.93% |
| 2016 | 0.1516 | 0.1746 | 0.1909 | 0.1496 | -13.16% |
Exchange rates can be displayed in different ways depending on the context. There's the Malaysian ringgit to pound exchange rate, and the Malaysian ringgit buyback rate. The two are in fact the same; they are just displayed differently.
The Malaysian ringgit to pound exchange rate corresponds to the value of one Malaysian ringgit in British pounds. For example, a Malaysian ringgit to pound rate of 0.1818 means one Malaysian ringgit is worth 0.1818 pounds.
In contrast, the Malaysian ringgit buyback rate corresponds to the amount of Malaysian ringgits you'd have to exchange to get one pound. For example, a Malaysian ringgit buyback rate of 5.5 means you'd have to exchange 5.5 Malaysian ringgits to get one pound.
UK currency suppliers prefer to show the Malaysian ringgit buyback rate instead of the Malaysian ringgit to pound exchange rate, so we follow the same format in our Malaysian ringgit comparisons. However, on this page, we use the Malaysian ringgit to pound exchange rate since this is what the data is intended to show.
The two rates are interchangeable: to convert the Malaysian ringgit buyback rate into the actual Malaysian ringgit to pound rate, just divide 1 by the Malaysian ringgit buyback rate, e.g.: 1 / 5.5 = 0.1818.
If you want to exchange Malaysian ringgits into British pounds, we can help you to find a reputable foreign exchange provider. We compare the Malaysian ringgit rates from tried-and-tested companies who will buy currency by post or over the counter.
For a complete comparison of providers and their latest buyback rates, see our Malaysian ringgit currency buyback comparisons.