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 December 2025.
GBP to MYR: Where It Stands
The Malaysian ringgit has been strengthening strongly across global markets, including against the British pound. This is mainly because the ringgit has been supported by solid economic data, steady local interest rates, and ongoing weakness in the US dollar. At the same time, the pound is not gaining much momentum. As a result, GBP to MYR has been easing lower over recent weeks.
What’s Driving GBP to MYR?
A simple breakdown of the main forces behind the exchange rate.
Malaysia’s strong ringgit: The ringgit has become one of Asia’s best performing currencies, with solid economic sentiment and foreign investment inflows.
Bank of England outlook: Markets expect the Bank of England to cut interest rates more slowly than other central banks, which normally supports the pound. However, this effect is being overshadowed by the ringgit’s broad strength.
US dollar weakness: Falling US Treasury yields are weakening the US dollar, which indirectly boosts Asian currencies, including the ringgit.
Risk sentiment: Asian currencies in general are seeing renewed demand, helping MYR gain against major currencies like USD, EUR, and GBP.
What Do the Charts Say?
GBP to MYR has been drifting lower due to strong ringgit performance.
Key support sits around 5.85 to 5.90. If this breaks, the pair could test 5.75.
Resistance sits around 6.00 to 6.05. This would be difficult to break unless the pound strengthens or the ringgit loses momentum.
Momentum indicators suggest the ringgit may be slightly overbought, meaning MYR might pause its rise soon, but not necessarily reverse it.
What to Watch in December 2025
Key events that could move the exchange rate soon.
US economic data: If US releases show weaker conditions, Asian currencies like MYR may strengthen further.
Malaysia economic updates: Strong Q3 2025 growth or stable inflation data could support the ringgit.
Bank of England comments: Any hints of delaying rate cuts could help GBP slightly, but changes are likely to be small.
US government data delays: Continued uncertainty may keep Asian currencies supported.
Risks Ahead
If the US dollar rebounds sharply, MYR strength could cool.
Weak Malaysian data could reduce investor interest and weaken the ringgit.
A surprise Bank of England shift could strengthen GBP temporarily.
Global risk sentiment could flip quickly, affecting Asian currencies.
What This Means If You’re Sending GBP to MYR Abroad
The ringgit is strong and may stay strong through the next month. This means your British pounds will likely buy fewer ringgit compared with earlier this year. If you need to send money soon, rates may not improve much. If the ringgit cools slightly from being overbought, you could see small short‑term improvements, but big jumps higher for GBP to MYR seem unlikely right now.
In short
Expect GBP to MYR to stay under pressure, with the ringgit remaining strong. Rates may dip slightly lower or stay range‑bound unless major global data shifts momentum.
