The live mid-rate MYR to SGD exchange rate is 0.3007. Compare XE currency conversion rates - Reduce FX costs.
The best MYR to SGD exchange rate is our partner deal rate of 0.2992 from OFX . This is -0.5% compared to the mid-market rate 0.3007.
The standard OFX MYR-SGD rate is 0.2970916, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to Singapore dollar (SGD) rates from different sources before making a conversion.
The XE Ringgit to Singapore dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by XE and other foreign exchange providers against the latest MYR-SGD mid-rate (see Market Data below ) and the possible savings of using various providers.
XE Money Transfer is a reputable and well-established international money transfer provider with a long history of providing reliable and secure services to its customers. Here are some key factors that contribute to XE Money Transfer's overall quality:
1. Competitive exchange rates: XE offers competitive exchange rates for its international money transfers, which can help you save money when sending funds overseas.
2. No fees: XE does not charge any extra fixed fees for its international money transfer services, which means you can send money without having to worry about additional charges.
3. Security: XE uses advanced encryption and security measures to protect its customers' personal and financial information, ensuring that your transactions are safe and secure.
4. Fast transfers: XE offers fast international money transfers, transfers can be booked online or over the phone and most are processed within a single working day.
5. Customer service: XE has a dedicated customer service team that is available to answer any questions or concerns you may have about your money transfer.
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Malaysian ringgit (MYR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | MYR/SGD | Change | Period |
|---|---|---|---|
29 Apr 2025 | 0.3023 | 0.6% ▼ | 2 Week |
12 Feb 2025 | 0.3025 | 0.6% ▼ | 3 Month |
13 May 2024 | 0.2859 | 5.1% ▲ | 1 Year |
14 May 2020 | 0.3278 | 8.3% ▼ | 5 Year |
16 May 2015 | 0.3708 | 18.9% ▼ | 10 Year |
18 May 2005 | 0.4347 | 30.8% ▼ | 20 Year |
Here are some popular conversion amounts for MYR to SGD (Malaysian ringgit to Singapore dollar)*.
| MYR | SGD |
|---|---|
| RM 1,000 | S$ 300.70 |
| RM 5,000 | S$ 1,504 |
| RM 20,000 | S$ 6,014 |
| RM 100,000 | S$ 30,070 |
| MYR | SGD |
|---|---|
| RM 3,325 | S$ 1,000 |
| RM 16,627 | S$ 5,000 |
| RM 66,508 | S$ 20,000 |
| RM 332,540 | S$ 100,000 |
More amounts
*Converted at the current MYRSGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecasts for the Malaysian Ringgit (MYR) against the Singapore Dollar (SGD) reflect a challenging environment amid escalating trade tensions and economic uncertainty. Recent announcements by U.S. President Donald Trump, including a 24% tariff on Malaysian imports and a 10% tariff on Singaporean goods, have heightened fears of a global trade war, leading to a decline in risk appetite across the region. Analysts note that these developments are contributing to a bearish outlook for emerging Asian currencies.
Read our full review of recent MYR to SGD forecasts.
There are several ways to save on exchange rates when converting Malaysian ringgit to Singapore dollar:
Generally speaking, if you are buying Singapore dollar with Malaysian ringgit, then it's better for the MYR/SGD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Singapore — a practical currency and money guide to travel in Singapore plus living and doing business with the Singapore dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add MYR/SGD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Malaysia (MYR) | Singapore (SGD) |
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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