Malaysian Ringgit To Pound (MYR/GBP)

The exchange rate of the Malaysian Ringgit to Pound fell -0.40% in the last 24 hours.

The MYR to GBP Exchange Rate trend

The 90-day exchange rate trend of the Malaysian Ringgit against the Pound has increased by +1.15%. However, there is a break in the recent trend as the Malaysian Ringgit recorded a drop in value since last week. In terms of rate, the Malaysian Ringgit was valued at 0.17 Pounds 3 months ago and is now worth 0.17 Pounds. The rise in value favors the exchange rate for consumers or travelers visiting United Kingdom (UK) right now. You will receive more Pounds for your Malaysian Ringgit, which also represents more buying power during your visit. The trend history chart illustrates these recent changes. You can also plug in and convert the number of Malaysian Ringgit (or Pounds) in the currency calculator above.

Facts about the British Pound

The English pound sterling is the official currency of the United Kingdom and many of its provinces and territories. It is more commonly known these days as the British pound with other common names such as Pound Sterling, Sterling, Quid, Cable, and Nicker. Although the UK is currently still a part of the European Union, the UK decided not to adopt the Euro and elected to maintain its own currency, the British pound. The pound is currently the third most largely traded currency in the Foreign Exchange Market, falling only behind the United States Dollar and the Euro. This market which determines foreign exchange rates. One individual British pound can also be divided into 100 pence, noting that pence is plural for a penny. For example, one penny is less than two pence. Currently, the countries that use the pound are the United Kingdom, the Isle of Man, Guernsey, South Sandwich Islands, Jersey, South Georgia, Tristan da Cunha, and the British Antarctic Territory. The symbol for the Great British Pound (ISO: GBP) is '£'. Notes come in denominations of £5, £10, £20 and £50. Coins come in 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. Each denomination of notes is printed in specific colors and all currencies, both notes, and coins bear an image of the Queen’s head on one side.

Travel Tip

Before vacationing, we recommended you exchange Malaysian Ringgit to Pounds, or other currencies, at your local bank or credit union, as you will, in general, get much better exchange rates than you would at airport kiosks, where rate hikes are common and expected. Although conveniently located at your port of entry, currency exchange kiosks will also charge convenience fees per transaction. Another option to save money while vacationing is to pay any charges you incur with a "no-foreign-transaction-fee-credit-card".

Travel Pocket Guide

The currency calculator above can be used online but will also work in low-bandwidth areas if the page is already loaded in your browser. It will work in airplane mode or when your device is offline. Additionally, you can print the handy pocket conversion guides below when traveling to United Kingdom (UK) or take a screenshot on your mobile device. Find instructions on how to take a screenshot on your particular device here.