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Pound to Malaysian Ringgit Forecast (Predictions for GBP to MYR) - September 2025

Find out what's affecting the GBP/MYR currency pair this week.

Understand how the Malaysian economy is faring and how it might affect your ringgit plans in the coming days and weeks.

Luke Eales
Author 
Luke Eales
4 minutes
August 29th, 2025
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If you’re transferring money from the UK to Malaysia or vice versa, here’s a simple look at how the British pound (GBP) and the Malaysian ringgit (MYR) are moving, and what that might mean for your money in September 2025.

GBP to MYR: Where It Stands

The GBP to MYR exchange rate has recently touched its highest point since July, but then pulled back slightly. Right now, 1 British Pound gets you just under 5.73 Malaysian Ringgit.

Over the past week, the pound gained slightly overall, showing strength despite a small drop from its peak.

What’s driving GBP to MYR?

Exchange rates move based on economic data and expectations around interest rates.

Strong UK economic growth, especially in the services sector (like finance, health care, and retail), is giving the British Pound a boost. UK GDP rose 0.4% in June, a positive surprise for markets.

This makes people believe the Bank of England may keep interest rates higher for longer, which is good for the pound.

In Malaysia, the economy is also doing well. The country’s economy grew by 2.1% from April to June, its best quarterly growth in more than a year.

At the same time, inflation in Malaysia is slowly rising, which means the central bank there (Bank Negara Malaysia) may need to raise rates or keep them high to fight inflation. That supports the ringgit.

So, both currencies have reasons for strength. But the UK’s slightly stronger growth and interest rate expectations are currently giving the pound a small edge.

What Do the Charts Say?

From a technical (chart-reading) point of view, GBP/MYR recently bounced off a two-week low and is now showing some recovery.

There’s a strong "support level" around 5.65, which acts like a floor, the rate hasn’t been falling below that recently.

On the higher side, 5.73 is becoming a "resistance level" or ceiling. It has tried to break above it but hasn't stayed there.

Right now, GBP/MYR is trading between these levels, and unless something big changes, it may continue to do so, fluctuating within this range.

What to Watch Next Month

Over the coming weeks, watch these things:

  • UK inflation data and any speeches from the Bank of England. If inflation stays high, the pound could rise.

  • Malaysian core inflation trends. Rising prices could pressure the Malaysian central bank to raise rates, which would support the ringgit.

  • Global market mood, especially if worries about slow growth or high interest rates return. These could shift the strength of both currencies.

Risks Ahead

There are a few things that could shake the GBP/MYR outlook:

  • If UK manufacturing continues to weaken, concerns could grow about the UK economy, dragging the pound lower.

  • If Malaysian inflation surges faster than expected, the ringgit could strengthen more rapidly.

  • Sudden political or economic shocks in global markets, or in either country, could cause unexpected movements in the exchange rate.

What This Means If You’re Sending GBP to MYR Abroad

For people planning to send money from the UK to Malaysia, this is a fairly favorable time. The pound is still strong due to the UK economy doing better than expected. Unless Malaysia’s inflation speeds up a lot or UK data turns sharply worse, the exchange rate is likely to stay in your favor over the next few weeks.

Try to send money when the rate is near or above 5.70 to get the most ringgit for your pounds. If it dips closer to 5.65, you may get less value, so keep an eye on rates and time your transfers smartly.

In short

The GBP to MYR rate is trading in your favor, with the pound staying strong due to solid UK economic data.

Malaysian growth and inflation are also rising, which could help the ringgit.

For the next month, expect the exchange rate to stay between 5.65 and 5.73.

If you're planning to send pounds to Malaysia, this is a good period, but keep an eye on big announcements that could move either currency.

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Contributors

Luke Eales
Luke is the founder of SendAbroad and is based in London, UK. His aim with SendAbroad is to help Brits be smart with their international money moves.