Exchange Malaysian ringgits to pounds

Compare the best Malaysian ringgit buyback rates and exchange Malaysian ringgits to pounds

Malaysian ringgits
We found 6 companies who will buy 1,000 Malaysian ringgits by post
You receive £155.72 Buyback rate 6.1323 Estimated postage £7.35 Sell Now
The Currency Club
You receive £155.72 Buyback rate 6.1323 Estimated postage £7.35 Sell Now
Sterling
You receive £155.49 Buyback rate 6.1409 Estimated postage £7.35 Sell Now
Currency Online Group
You receive £154.71 Buyback rate 6.1706 Estimated postage £7.35 Sell Now
Travel FX
You receive £142.40 Buyback rate 6.678 Estimated postage £7.35 Sell Now
ACE-FX
You receive £139.47 Buyback rate 6.8109 Estimated postage £7.35 Sell Now
Manor FX

Sell Malaysian ringgits online

It's easy to sell your leftover Malaysian ringgits online. Use our Malaysian ringgit buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your Malaysian ringgits to the buyer, or try searching for a store near you so you can exchange your Malaysian ringgits in person.

Sell by post

Securely package your Malaysian ringgits and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.

Sell in-store

Use our store finder to search for your nearest currency exchange, then simply take your Malaysian ringgits to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.

Malaysian ringgit buyback rate history

Over the past 30 days, the Malaysian ringgit buyback rate has risen 0.8% from 6.1323 on 17 Mar to 6.1814 today. This means Malaysian ringgits can be exchanged for more pounds today compared to a month ago. Right now, RM 1000 is worth approximately £161.78 which is £1.3 more than you'd have got on 17 Mar.

These are the average Malaysian ringgit buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our Malaysian ringgit to British pound currency chart.

Malaysian ringgits to pounds Sterling

One Malaysian ringgit (RM) can be subdivided into 100 sen. There are six denominations of Malaysian ringgit banknotes in frequent circulation: RM 1, RM 5, RM 10, RM 20, RM 50 and RM 100; and four coin denominations: 5 sen, 10 sen, 20 sen and 50 sen.

The current series of Malaysian ringgit banknotes in circulation is the 'Fourth Series' which was introduced by the Central Bank of Malaysia in 2012. Each banknote in the series features a portrait of the first Yang di-Pertuan Agong (the King of Malaysia) on the obverse side, with a different monarch featuring on each denomination. The reverse side of each banknote highlights various aspects of Malaysian culture such as traditional handicrafts, wildlife, flora, and landmarks. For example, the RM 20 note features a portrait of Yang di-Pertuan Agong Tuanku Abdul Rahman and an illustration of the Malaysian National Mosque on the back, while the higher RM 50 and RM 100 denominations depict images of the Petronas Twin Towers and Mount Kinabalu.

Malaysian ringgit banknote values
DenominationSterling equivalent
RM 1£0.16
RM 5£0.82
RM 10£1.63
RM 20£3.26
RM 50£8.15
RM 100£16.31
Malaysian ringgit coin values
DenominationSterling equivalent
5 sen£0.01
10 sen£0.02
20 sen£0.03
50 sen£0.08