The Malaysian Ringgit rates below were last updated 2 minutes ago
If you're travelling to Malaysia soon you'll want to get the best deal on your Malaysian Ringgits. Our free comparison service compares the best Malaysian Ringgit rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 25 suppliers selling Malaysian Ringgits in the UK with exchange rates ranging from 5.2634 to 5.6155.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Malaysian Ringgit exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Malaysian Ringgit is widely stocked and offered by many UK currency suppliers but there is little variation in the exchange rates offered despite the Ringgit being a free-floating currency.
Our statistics (1st August to 31st October 2013) show that the average British tourist takes about £930 worth of Ringgits to Malaysia with them when they travel. Malaysia is recognised as a very cheap holiday destination, but UK travellers tend to stay for longer periods of time than they would at European destinations which warrant more spending money. A typical three course meal for two in Malaysia will cost less than £10, and a bottle of Coke just 40p.
British passport holders do not need a visa to enter Malaysia and will usually be granted stay for up to three months. If you plan to stay in Malaysia for longer than three months, or if your visit is for non-tourist reasons, you should apply for a visa from the Malaysian Embassy before you travel.
Over the past week the Malaysian Ringgit has increased by 1.72% from last Saturday's rate of 5.5207 to today's rate of 5.6155 which means £750 will buy you RM71.10 more now than it would have a week ago. During this period the best rate we recorded is right now at 5.6155 and the worst rate was 5.5207 on Saturday.
The 90 day outlook has seen the Malaysian Ringgit rate drop by 2.68% from 5.77 on 6th February 2016 to 5.6155 today. Based on these figures, £750 would have bought you RM115.88 more three months ago that it would have today. We recorded a high rate of 5.9216 on 8th February 2016 and a low rate of 5.32 on 14th April 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Posted by Adam Silveston on 4th May 2016
Every so often the Post Office will run a Travel Money Flash Sale for many currencies offering special deals and exchange rates on Foreign Currency such as Euros, US Dollars, Australian Dollars and many more to read more