Malaysian Ringgit

Malaysian Ringgit

The Malaysian ringgit (; plural: ringgit; symbol: RM; currency code: MYR; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 sen (cents). The ringgit is issued by the Bank Negara Malaysia.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

5 Malaysian Ringgit to British Pound exchange rates chart

5 MYR to GBP exchange rates graph
5 MYR to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

5 MYR to GBP exchange rates table

Exchange MYR to GBP
5 Malaysian Ringgit = 0.917 British Pound
10 Malaysian Ringgit = 1.834 British Pound
25 Malaysian Ringgit = 4.585 British Pound
50 Malaysian Ringgit = 9.170 British Pound
Exchange Malaysian Ringgit to British Pound
5 Malaysian Ringgit to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best MYR/GBP rate at Thomas Exchange Global in London

5 MYR to GBP exchange rates at Thomas Exchange Global in London
5 Malaysian Ringgit = 0.894 British Pound
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

Best MYR/GBP rate at MaxMoney in Kuala Lumpur

5 MYR to GBP exchange rates at MaxMoney in Kuala Lumpur
5 Malaysian Ringgit = 0.915 British Pound
MaxMoney
MaxMoney

With more than 30 years in business, we are the best and most innovative money service business in Malaysia, enabling both individual and business customers to exchange and transfer anytime anywhere. MaxMoney is the first Malaysian company to obtain a full-fledged Money Service Business (MSB) License, regulated by Bank Negara Malaysia. We cover more than 100 foreign currencies, catering to 190 countries across the continents. No matter which currency they choose, our customers will always...

Best MYR/GBP rate at Jalinan Duta in Kuala Lumpur

5 MYR to GBP exchange rates at Jalinan Duta in Kuala Lumpur
5 Malaysian Ringgit = 0.912 British Pound
Jalinan Duta
Jalinan Duta

Our Services We provide a wide range of foreign currency exchange and related services for both private and corporate clients. Since 2001, Jalinan Duta Sdn Bhd has established itself as a successful and respected currency exchange company. Our Commitment The company is committed to excellence. We aim to provide our clients with outstanding personalized service and value for their money, from the smallest cash transaction to large corporate transaction. Our Values Our standards and our values...

Best MYR/GBP rate at Merchantrade Asia in Kuala Lumpur

5 MYR to GBP exchange rates at Merchantrade Asia in Kuala Lumpur
5 Malaysian Ringgit = 0.916 British Pound
Merchantrade Asia
Merchantrade Asia

Merchantrade Money Exchange is the largest money exchange network offering competitive rates, 365 days a year. We have 84 outlets and over 400 agent locations – duty-free zones, travel agents, luxury hotels and major shopping malls across the country. We constantly acquire new partners and are expanding to new locations to serve our customers better. Kl Sentral DH5, Departure Hall, Level 1, KL City Air Terminal, KL Sentral Station, Kuala Lumpur 50470, Malaysia Operating Hours Mon - Sun 9:00...

5 MYR to GBP exchange rates news

Oil price slump, Brexit news boost most Asian currencies

Nov 14- Most Asian currencies firmed on Wednesday as the dollar softened and a slump in oil prices eased concerns about inflation risks. Oil prices.

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Former Malaysian PM Najib's wife Rosmah to present herself to court Thursday: Lawyer

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Rosmah Mansor, the wife of Malaysia's former prime minister Najib Razak, left the anti-graft agency on Wednesday afternoon after giving her statement and must present herself to court on Thursday to be charged.. Read more at straitstimes.com.

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IMF recognises my unorthodox measures, says Dr Mahathir | The Malaysian Insight

The International Monetary Fund knows they were to help the economy recover, says prime minister.

indicative negative
Malaysia doubles palm oil imports from Indonesia amid high stocks
Malaysia doubles palm oil imports from Indonesia amid high stocks

KUALA LUMPUR: Malaysian palm oil imports from neighbouring producer Indonesia almost doubled in the past month and the import trend looks set to extend

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NZ dollar rallies against British pound on Brexit turmoil - sharechat.co.nz

The New Zealand dollar climbed against the British pound amid intensifying political turmoil in the UK over the government's Brexit plans. The kiwi also strengthened against the US currency

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Here's what's next for British PM Theresa May

CNBC's Wilfred Frost reports on the British pound sinking and what could be next for British Prime Minister Theresa May following the resignation of two of her cabinet members.

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The pound is surging higher—for now—as the UK and EU finally reach a breakthrough Brexit deal

The rollercoaster ride that is the British pound has picked up the pace. The pound soared by more than 1% this afternoon on reports that UK and EU negotiators had agreed to a draft text of a Brexit agreement. Ever since the Brexit referendum in 2016, the possibility of Britain crashing out of the bloc

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Here’s how much Brexit turmoil might whack the British pound, analysts predict
Here’s how much Brexit turmoil might whack the British pound, analysts predict

Amid a new flurry of resignations on Thursday, Prime Minister Theresa May and her Brexit plans are vulnerable, throwing the British pound into a spiral lower as uncertainty looms.

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5 MYR to GBP currency converter